SOLD
Sold on 25 Jun 2024 for $400,000

54/19 Orchid Avenue
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 62m2
Land area: 212m2
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Property Details for 54/19 Orchid Ave, Surfers Paradise

54/19 Orchid Ave, Surfers Paradise is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 212m2 and floor size of 62m2. 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
1970
Floor Size
62m2
Land Size
212m2
Local Government
Gold Coast City
Lot/Plan
28/SP176957

Last Listing description (September 2023)

Currently the cheapest genuine 1 bedroom unit in all of Surfers Paradise! Must be sold!

Located in the heart of Surfers Paradise, this genuine one-bedroom apartment is an investment opportunity not to be missed!

With glimpses of the ocean and surrounded by all central Surfers Paradise has to offer, those looking for somewhere to call home will have an enviable lifestyle to enjoy.

The famous Surfers Paradise beach is just a short walk, and so are dozens of cafes, restaurants, and bars with the convenience of the light rail almost at your doorstep. No need for a car here as a short walk takes you to all the other amenities nearby including supermarkets, pharmacies, and entertainment options where you can meet friends and family.

The apartment would suit singles, couples, or potentially those looking to hold a piece of central Surfers Paradise real estate that potentially could be re-developed as has been happening throughout this tourist haven.

Property Details Include:

- 100m stroll to beach
- 5th floor North East facing aspect
- Clear easterly views of the ocean from the balcony
- Genuine one bedroom plus separate living area apartment
- Ideal for the holiday investment and personal use
- Right in the heart of Surfers Paradise restaurants and bars precinct
- Currently leased until November 29th 2023 for $500.00 per week
- Rental Appraisal : $500 - $550 per week approx
- Access to building from Orchid Avenue
- The building is serviced by a lift
- No car space sorry
- BC fees are $425* approx pw
- Seller's instructions are clear - they want this sold now!

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 54/19 Orchid Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$400,000
25 Jun 2024
Listed for Rent
$400/w
23 Nov 2022
  • 25 Jun 2024
    Sold for $400,000
  • 27 Aug 2023
    Sold for $160,000
  • 04 May 2023
    Listed for Sale $195,000 - Bring all offers!
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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 25,222 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 72.39% increase in median value, while Units have seen a 98.47% increase. As at 31 October 2024:

  • The median value for Houses in Surfers Paradise is $2,308,496 while the median value for Units is $767,523.
  • Houses have a median rent of $750 while Units have a median rent of $673.
There are currently 364 properties listed for sale, and 86 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1599 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.