SOLD
Sold on 07 Aug 2024 for $870,000

608/40 The Esplanade
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 113m2
Land area: 76m2
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Property Details for 608/40 The Esplanade, Surfers Paradise

608/40 The Esplanade, Surfers Paradise is a 2 bedroom, 1 bathroom Unit and was built in 1966. The property has a land size of 76m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1966
Floor Size
113m2
Land Size
76m2
Local Government
Gold Coast City
Lot/Plan
78/BUP82

Last Listing description (April 2024)


Two bedroom large furnished apartment with ocean views across the Esplanade from the beach in central
Surfers Paradise.

. Close to Coles, Woolworths
. Close to Tram and buses
. Close to Cavill Mall, McDonalds
. Suitable for 3 people.
. Large balcony
. Ideal position with no car

Property History for 608/40 The Esplanade, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$870,000
07 Aug 2024
Listed for Rent
$790/w
09 Apr 2024
  • 07 Aug 2024
    Sold for $870,000
  • 05 Apr 2024
    Listed for Rent $790 / week
  • 02 Jan 2015
    Sold for $405,000
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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 25,218 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 357 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.