137 Commodore Drive, Surfers Paradise, QLD 4217 | Property Value & History | OnTheHouse
OFF MARKET

137 Commodore Drive
Surfers Paradise QLD 4217

Bedrooms: 6
Bathrooms: 5
Car spaces: 4
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Property Details for 137 Commodore Dr, Surfers Paradise

137 Commodore Dr, Surfers Paradise is a 6 bedroom, 5 bathroom House with 4 parking spaces and was built in 1990. While the property is not currently for sale or for rent, it was last sold in September 1999.

Building Type
House
Year Built
1990
Local Government
Gold Coast City
Lot/Plan
1/RP187674

Last Listing description (April 2026)

A Double Block Prestige Landholding Offered Below Its Market Benchmark on one of Queensland Top Streets

Seize the opportunity to secure this extraordinary 1,624m main-river estate in Paradise Waters, positioned in one of the Gold Coast's most prestigious streets. This rare double block, held on one title, offers 44.8m/147ft of absolute river frontage and a lifestyle of remarkable scale, privacy, and potential.

Recent comparable sales at 40 Admiralty Drive, 74 Admiralty Drive, 90 Admiralty Drive and 141-143 Commodore Drive underscore the exceptional strength of this prestige waterfront market. In my opinion, this rare 1,624m main-river double block is best supported in the $14 million to $16 million range, with its scale, 44m-plus frontage and irreplaceable position in Paradise Waters combining to create one of the most significant land opportunities on the Gold Coast. With the asking price sitting below this level, it presents a compelling opportunity for buyers who recognise the rarity and long-term value of a site of this calibre and long-term potential in one of the Gold Coast's most tightly held prestige streets.

The five-bedroom, low-set residence includes a fully self-contained guest quarter and enjoys a wide river outlook from the expansive open-plan living area and kitchen, with views stretching across the water to the Hinterland. Designed in an Asian vernacular style, the home celebrates natural materials, generous spaces, and relaxed waterfront living - all treasured by the same family for 23 years.

Residence Highlights
- Substantial 1,624m estate with 44.8m/147ft river frontage.
- Captures expansive views across 188m-wide water and to the Hinterland.
- Asian vernacular design with sandstone flooring and vaulted timber ceilings.
- Oversized riverfront master suite with parent's retreat, walk-in robe, and vaulted ceiling.
- Resort-style ensuite with inground spa, his-and-hers basins, and large shower.
- Kitchen with dual stone island benches, gas cooktop, commercial exhaust, walk-in pantry, and stainless-steel appliances.
- Four additional oversized bedrooms, two with ensuites, plus large sliding robes.
- Main bathroom with spa bath opening to a private tropical courtyard.
- Sauna room, one powder room & full bathroom, ducted air conditioning, super large solar system, and large laundry.
- Statement entry with imported timber doors, water feature, and tropical landscaping.
- 18.5m riverfront pool and generous alfresco entertaining area.
- Fixed jetty and floating pontoon with 25m mooring capacity for the largest vessels.
- Fully self-contained guest quarters with private entrance, kitchen, full bathroom, and waterfront courtyard.

Renovated around 15 years ago using natural materials, the residence offers excellent immediate appeal while also presenting a compelling opportunity for the new owner to modernise further or start again with a landmark rebuild, subject to council approval.

Paradise Waters is an exclusive island enclave of Surfers Paradise, perfectly positioned with direct ocean access to the Broadwater via the Sundale Bridge. With Tedder Avenue, Marina Mirage, patrolled beaches, elite schools, and both Brisbane and Coolangatta airports within easy reach, this is one of the Gold Coast's most coveted waterfront addresses.

A property of this scale, frontage, and address is rarely available - and once sold, it cannot be replaced.

Disclaimer: Amir Prestige Group makes no representation, warranty or guarantee as to the accuracy of any data contained herein, and advises interested parties to confirm all information before making any purchase decision. All information provided has been obtained from sources believed reliable, but may be subject to errors, omissions, change of price, prior sale, or withdrawal without notice.

Property History for 137 Commodore Dr, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$1,700,000
16 Sep 1999
  • 30 Apr 2026
    Listed for Sale Contact Agent
  • 14 Aug 2024
    Listed for Sale Not Disclosed
  • 03 Jul 2022
    Listed for Sale Contact Agent
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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 25,433 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 37.67% increase in median value, while Units have seen a 96.87% increase. As at 31 May 2026:

  • The median value for Houses in Surfers Paradise is $2,489,466 while the median value for Units is $884,448.
  • Houses have a median rent of $1,400 while Units have a median rent of $750.
There are currently 371 properties listed for sale, and 145 properties listed for rent in Surfers paradise on OnTheHouse. According to Cotality's data, 1653 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.