623/138 Ferny AvenueSurfers Paradise QLD 4217
Property Details for 623/138 Ferny Ave, Surfers Paradise
623/138 Ferny Ave, Surfers Paradise is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Surfers Paradise in the last 12 months.
Last Listing description (July 2024)
This one bedroom apartment is on the 6th floor of the South Tower of Sovereign. This apartment offers a convenient and vibrant lifestyle. With its prime location and breathtaking ocean views, it is perfect for those who love the sun, sand, and surf.
This spacious apartment boasts one bedroom, one bathroom with ocean views. It is ideal for Investors will also find this property attractive due to its high rental potential in such a sought-after location. The complex includes amenities such as a lagoon style pool, spa, sauna, fully equipped gymnasium, games room, onsite restaurant.
Property Highlights:
Secure Basement Car Parking (on a first come basis)
North/ East facing apartment
Breathtaking ocean vistas from a spacious balcony
Floor: 6th floor in a building of 8 floors
Open Plan living and dinning
Body Corporate: $153 per week
Water Rates: $27 per week
Council Rates: $76 per week
Returns: $52,000+ annually from the onsite manager in the holiday pool.
Call or email us today for your inspection of this stunning apartment and to receive your complimentary 'Facts Pack' as at this price it will not last long.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of 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 623/138 Ferny Ave, Surfers Paradise, QLD 4217
- 05 Jul 2024Sold for $440,000
- 20 Jun 2024Listed for Sale $469,000
- 14 Apr 2022Listed for Sale SOLD - $355,000
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0About 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.
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