5/23 River TerraceSurfers Paradise QLD 4217
Property Details for 5/23 River Tce, Surfers Paradise
5/23 River Tce, Surfers Paradise is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1977. The property has a land size of 66m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Townhouse sold in Surfers Paradise in the last 12 months.
Last Listing description (July 2026)
Positioned in the heart of Surfers Paradise, this original two-story townhouse presents an exceptional opportunity for renovators, builders and astute investors seeking value, location and potential.
Location at 5/23 River Terrace, this terrific residence is nestled in a quiet beachside street within a boutique complex of just eight townhouses. With the beach, shops, cafes and public transport all within easy walking distance, the lifestyle on offer is truly unbeatable.
Property Highlights:
Main bedroom equipped with air conditioning
Generous kitchen with scope for renovation or expansion
Large bathroom with separate toilet
Open plan living with air conditioning, flowing to a private courtyard
Single carport for secure parking
Location Benefits:
Surfers Paradise Beach - approx. 400m
Local shops - approx. 250m
Bus stop - approx. 120m
Northcliffe Life Saving Club - approx. 180m
Surfers Paradise Shopping and Dining Precinct - short stroll
Chevron Island - approx. 2km
Isle of Capri (Capri on Via Roma) - approx. 1.6 km
Broadbeach and Star Casino - approx. 3-4 km away
Southport CBD - approx. 5km
Whether you're looking to renovate and flip, lease out, or create your dream coastal home, this property offers endless possibilities in one of the Gold Coast's most sought-after locations.
Contact me today to arrange your private inspection and secure this rare opportunity.
Disclaimer:
All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice.
Property History for 5/23 River Tce, Surfers Paradise, QLD 4217
- 12 Feb 2026Listed for Rent $680 / week
- 03 Dec 2025Sold for $630,000
- 12 Nov 2025Listed for Sale SOLD BY ROB BOYLE
Recent sales nearby
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About Surfers Paradise 4217
The size of Surfers Paradise is approximately 6.3 square kilometres. There are 20 parks, covering nearly 7.3% of the total area. The population of Surfers Paradise in 2016 was 23689 people. By 2021 the population was 26412 showing a population growth of 11.5% 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 $1000 - $1399 per month on mortgage repayments. In general, people in Surfers Paradise work in a professional occupation.In 2021, 45.00% of the homes in Surfers Paradise were owner-occupied compared with 39.90% in 2016.
Surfers Paradise has 25,794 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 43.77% increase in median value, while Units have seen a 76.73% increase. As at 31 August 2026:
- The median value for Houses in Surfers Paradise is $2,717,913 while the median value for Units is $848,183.
- Houses have a median rent of $1,265 while Units have a median rent of $770.
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