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Sold on 30 Sep 2024 - Price Unavailable

9/37 Monaco Street
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 122m2
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Property Details for 9/37 Monaco St, Surfers Paradise

9/37 Monaco St, Surfers Paradise is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Apartment sold in Surfers Paradise in the last 12 months.

Building Type
Apartment
Floor Size
122m2
Local Government
Gold Coast City
Lot/Plan
9/BUP4158

Last Listing description (September 2024)

Situated in the beautifully manicured "Monaco Apartments" just off the picturesque Nerang River is this well-designed 2nd-floor apartment.

"Monaco Apartments" sprawls over more than 3/4 of an acre of prime riverfront land featuring extensive resort-style facilities including a pool, BBQ pavilion, full-size tennis court and boardwalk.

Ideally located between Surfers Paradise and Broadbeach, this unit is just a 250m walk to the Light Rail Station and 800m from the beach, making car usage a rarity. Pacific Fair Shopping Centre, The Star Casino, and the bustling Broadbeach dining district are all within a 5-minute drive.

Features Include:
• 2 generously sized bedrooms, master with walk in robe and private ensuite
• Spacious open plan living and dining flooded with natural light through floor-to-ceiling glass doors
• Outdoor balcony with north-east facing aspect
• Modern kitchen with island bench, electric cooktop & abundance of storage
• Ideal as a primary residence/weekender or investment
• Secure basement car space for 1 vehicle plus storage
• Council Rates approximately $2,000 per annum
• Water Rates approximately $1,800 per annum
• Estimated Rental Potential of $750 - $850 per week

With surging rental demand, a growing population, and significant infrastructure developments unfolding across the Gold Coast, there has never been a more opportune time to invest in the highly coveted Surfers Paradise locale.

Property History for 9/37 Monaco St, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
30 Sep 2024
  • 14 Sep 2024
    Sold for $695,000
  • 05 Sep 2024
    Listed for Sale $699,000
  • 30 Oct 2007
    Sold for $371,000
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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 25,211 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 344 properties listed for sale, and 98 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1579 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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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.