SOLD
Sold on 14 Jun 2024 for $400,000

530/132 Ferny Avenue
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 74m2
Land area: 920m2
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Property Details for 530/132 Ferny Ave, Surfers Paradise

530/132 Ferny Ave, Surfers Paradise is a 1 bedroom, 1 bathroom Unit and was built in 1997. The property has a land size of 920m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
74m2
Land Size
920m2
Local Government
Gold Coast City
Lot/Plan
47/BUP106429

Last Listing description (January 2022)

On offer is a great investment opportunity!

This one bedroom apartment is on the 5th floor in the southern tower of Alpha Sovereign.

It is 74m2 with open plan living and features ocean and city views.

The bedroom has a double wardrobe, ceiling fans, ocean views and a large ensuite.
The ensuite features a bath and shower combination. With quite a big living area the lounge room flows onto the balcony where you can sit and enjoy the view. The apartment comes fully furnished and has air-conditioning in the main area.

Body Corporate: $110 per week*
Rates: $38 per week*
Water: $28 per week*
Rent: $450 per week (no lease)

Alpha Sovereign is centrally located, just a 5 minute walk to the beautiful golden beaches of Surfers Paradise, is close to shops and the light rail tram. This resort has beautiful facilities which include a games room, fully equipped gym, spa, sauna, restaurant and bar, BBQ area and a lagoon pool with plenty of places to lounge and enjoy the sun.

This unit can only ever be holiday let or used for short-term accommodation. Owners may use at leisure but must not be permanent place of residence.

Owners are eager for offers so contact us today!

Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 530/132 Ferny Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$400,000
14 Jun 2024
  • 14 Jun 2024
    Sold for $400,000
  • 20 Jan 2022
    Listed for Sale SOLD - $205,000
  • 16 Jan 2022
    Sold for $205,000
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About Surfers Paradise 4217

The size of Surfers Paradise is approximately 6.3 square kilometres. It has 20 parks covering nearly 7.3% of total area. The population of Surfers Paradise in 2011 was 19,668 people. By 2016 the population was 23,688 showing a population growth of 20.4% in the area during that time. The predominant age group in Surfers Paradise is 20-29 years. Households in Surfers Paradise are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Surfers Paradise work in a professional occupation. In 2011, 41.5% of the homes in Surfers Paradise were owner-occupied compared with 39.9% in 2016.

Surfers Paradise has 25,059 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 41.55% increase in median value, while Units have seen a 99.59% increase. As at 30 September 2024:

  • The median value for Houses in Surfers Paradise is $2,203,568 while the median value for Units is $764,508.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 337 properties listed for sale, and 93 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1580 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.