OFF MARKET

56/138 Ferny Avenue
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 30 Sep 2024
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Property Details for 56/138 Ferny Ave, Surfers Paradise

56/138 Ferny Ave, Surfers Paradise is a 1 bedroom, 1 bathroom House.

Building Type
House
Local Government
Gold Coast City

Last Listing description (March 2022)

The only thing better than this units layout is the view!

Nestled in the perfect location in the building to give Sea/Hinterland and River views this fully furnished unit is a rock star in the hotel rental pool.

If you looking for a fully furnished turnkey investment then you simply MUST arrange a viewing to see this stunner.

Located in the Sovereign Alpha resort the facilities are brilliant, Resort style pool, Spa, Gym, Games room even an onsite restaurant.

The vendors have reluctantly decided to place the unit on the market and their loss is your gain.

You wont be disappointed with this one, matter of fact you'll be upset that you can't live in it yourself.

This unit offers the opportunity to rent through hotel management, B&B, have 3 month tenancies (very popular) or have it managed and have it available for friends/family or yourself to use as a holiday apartment.

Please contact to arrange a viewing time.

Property History for 56/138 Ferny Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
  • 24 Jun 2021
    Listed for Sale $225,000

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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 25,338 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 351 properties listed for sale, and 116 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1653 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.