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Sold on 30 May 2024 - Price Unavailable

7/16 Peninsular Drive
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 7/16 Peninsular Dr, Surfers Paradise

7/16 Peninsular Dr, Surfers Paradise is a 1 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit

Last Listing description (May 2024)

Welcome to Arosa, a boutique complex of only 8 apartments. Located on the top level and within walking distance to the center of Surfers Paradise, Beach, Tram and all the wonderful attractions on offer.

This one-bedroom apartment has timber flooring throughout and could use some TLC to restore to its former glory.

Featuring:
- Spacious floor plan
- Great location
- 1km to the beach
- Top floor position
- Quiet location
- Ready to renovate and make your own

First time offered in over two decades and possibly one of the cheapest 1-bedroom apartments on the Gold Coast. Don't miss your opportunity to acquire a great property in a wonderful location.

Property History for 7/16 Peninsular Dr, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
30 May 2024
  • 12 Apr 2024
    Listed for Sale UNDER CONTRACT

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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 25,232 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 372 properties listed for sale, and 91 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1572 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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Ben Latimer
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Alex McCormack
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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.