602/8 Philip Avenue, Broadbeach, QLD 4218 sold on 03 April 2025 | OnTheHouse
SOLD
Sold on 03 Apr 2025 for $980,000

602/8 Philip Avenue
Broadbeach QLD 4218

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 79m2
Land area: 892m2
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Property Details for 602/8 Philip Ave, Broadbeach

602/8 Philip Ave, Broadbeach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 892m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 2 bedroom Unit sold in Broadbeach in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
79m2
Land Size
892m2
Local Government
Gold Coast City
Lot/Plan
602/SP112507

Last Listing description (May 2025)

This spacious 91m2, 2 bedroom and 2-bathroom (both ensuit) apartment is nestled in the vibrant heart of Broadbeach, just a leisurely 5-minute stroll from a plethora of local attractions. Up on the 6th level of The Ritz on the Beach Resort it has great ocean views over Pratten Park. From the sun-kissed shores of Kurrawa beach to the excitement of The Star Casino, the convenience of Pacific Fair shopping centre, the allure of the Gold Coast Convention Centre, the thrill of Dracula's, and the culinary delights of the Broadbeach restaurant precinct - everything you desire is within reach.

Ideal for savvy investors, this property boasts lucrative potential with its high holiday rental income, situated in the highly sought-after Ritz on the Beach Resort. Frequented by holidaymakers, business travellers, and event attendees alike, it promises substantial returns.

Yet, it also offers a home for a young family seeking to live in the catchment area of Broadbeach State School, one of the best primary schools at the Gold Coast. Also, it could be a tranquil retreat for a discerning owner-occupier. The open-plan layout, coupled with your own private balconies, invites refreshing breezes, and floods the space with natural light.

The apartment features a mixed living/dining room with inbuilt kitchen, master bedroom with ensuite bathroom, a second bedroom with ensuite bathroom, a laundry (76m2), and two North and East-looking balconies (15m2).
In a secure undercover garage, the apartment has 2 tandem parking spots and a secure storage room.

The Ritz on the Beach Resort has a large pool with a spa, a gymnasium, a sauna, a common area with a BBQ and seating, and a roof top terrace with spa and BBQ. It is looked after by a resident manager, who also runs a reception.

For further information or to schedule a viewing, please contact Michelle at 0488 180 668.

Property History for 602/8 Philip Ave, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$980,000
03 Apr 2025
  • 03 Apr 2025
    Sold for $980,000
  • 27 Oct 2024
    Listed for Sale Expressions of Interest
  • 29 Jun 2024
    Listed for Sale please inquire with Agent
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About Broadbeach 4218

The size of Broadbeach is approximately 1.5 square kilometres. It has 6 parks covering nearly 27.2% of total area. The population of Broadbeach in 2016 was 5514 people. By 2021 the population was 6786 showing a population growth of 23.1% in the area during that time. The predominant age group in Broadbeach is 30-39 years. Households in Broadbeach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Broadbeach work in a professional occupation.In 2021, 46.80% of the homes in Broadbeach were owner-occupied compared with 40.60% in 2016.

Broadbeach has 9,564 properties. Over the last 5 years, Houses in Broadbeach have seen a 70.16% increase in median value, while Units have seen a 96.67% increase. As at 31 January 2026:

  • The median value for Houses in Broadbeach is $1,682,933 while the median value for Units is $1,180,467.
  • Houses have a median rent of $795 while Units have a median rent of $850.
There are currently 118 properties listed for sale, and 23 properties listed for rent in Broadbeach on OnTheHouse. According to Cotality's data, 477 properties were sold in the past 12 months in Broadbeach.

Suburb Insights for Broadbeach 4218

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Australian Property Alliance Management
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.