1/55 Palm Avenue, Surfers Paradise, QLD 4217 | Property Value & History | OnTheHouse
OFF MARKET

1/55 Palm Avenue
Surfers Paradise QLD 4217

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Floor area: 255m2
Land area: 227m2
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Property Details for 1/55 Palm Ave, Surfers Paradise

1/55 Palm Ave, Surfers Paradise is a 3 bedroom, 3 bathroom Townhouse with 3 parking spaces and was built in 2004. The property has a land size of 227m2 and floor size of 255m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Townhouse
Year Built
2004
Floor Size
255m2
Land Size
227m2
Local Government
Gold Coast City
Lot/Plan
1/SP181367

Last Listing description (August 2024)

Welcome to this beautifully built, CONCRETE CONSTRUCTION 2 bedroom, (easily converted to 3 bedrooms), 2 bathroom villa PLUS self contained GRANNYFLAT.

Located right in the heart of Surfers Paradise's best kept secret, Budd's Beach, this property boasts single level living (no stairs to your bedrooms!), extremely large living areas, a large kitchen with awesome Northerly views, plus North and South facing balconies overlooking the Nerang River, Surfers skyline, in fact, the entire district! All of your living is on one level (the other villa is directly below yours, not alongside, as is mostly the case!) Presently configured with 2 dining areas, one of which can simply, and inexpensively, be reinstated as a third bedroom. Presenting as very neat and tidy and ready for the immediate owner occupier, however, it will surely appeal to RENOVATORS because of the concrete construction, especially high ceilings and the clever single level layout of the residence. There's even an internal private lift to whisk you up from the garage!

With secure housing for 3 CARS, this villa offers plenty of room for off street parking and an abundance of storage. The architecture of the building is truly impressive, with a practical and smart design that will appeal to those with a discerning eye for style and those wishing to modernise.

Whether you're relaxing in the expansive living spaces, enjoying a meal in one of three dining areas, relaxing in your own private sauna or taking in the views from one of the balconies, this 368 m2 property offers a luxurious and comfortable living space. The near waterfront location adds to the appeal, with stunning views of the Nerang River and the surrounding district.

FURTHER FEATURES OF THE PROPERTY:

368 m2 of Idyllic Riverside Living
Surfers Paradise Beach - 500 meters
Nerang River - 100 meters
Bumbles Cafe - for the best coffee - 100 meters
Commercial Core Filled Concrete Construction
Formal and Informal Living Spaces
3.1 m High Ceilings & Fully Tiled Throughout
Canadian Timber Sauna
Vacuumaid System
Workshop Area & Enormous Storage Spaces
Granny Flat with Private Entry and Large North Facing Courtyard

Don't miss your chance to own this fabulous opportunity in one of the most sought-after neighbourhoods in Surfers Paradise. Asking for offers over $1,750,000 this property won't last long. Contact us today to schedule a viewing and make this villa your new home.

Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to 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 1/55 Palm Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$1,650,000
21 Jul 2024
  • 21 Jul 2024
    Sold for $1,650,000
  • 05 Jul 2024
    Listed for Sale Offers Over $1,700,000
  • 27 Sep 2022
    Listed for Sale $1,590,000
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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 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 25,370 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 59.74% increase in median value, while Units have seen a 102.54% increase. As at 31 January 2026:

  • The median value for Houses in Surfers Paradise is $2,517,380 while the median value for Units is $844,592.
  • Houses have a median rent of $790 while Units have a median rent of $740.
There are currently 317 properties listed for sale, and 126 properties listed for rent in Surfers paradise on OnTheHouse. According to Cotality's data, 1570 properties were sold in the past 12 months in Surfers paradise.

Suburb Insights for Surfers Paradise 4217

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Cotality Copyright and Legal Disclaimers about Property Data
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.