309/40 The Esplanade, Surfers Paradise, QLD 4217 | Property Value & History | OnTheHouse
OFF MARKET

309/40 The Esplanade
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 117m2
Land area: 708m2
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Property Details for 309/40 The Esplanade, Surfers Paradise

309/40 The Esplanade, Surfers Paradise is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1966. The property has a land size of 708m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
1966
Floor Size
117m2
Land Size
708m2
Local Government
Gold Coast City
Lot/Plan
38/BUP82

Last Listing description (December 2021)

Directly across from the beach this unit is perfect for the keen surfer or anyone who wants to be in the thick of the 'Gold Coast action'!
Built circa 1966, this basic, one bedroom unit is compact and features a combined lounge /dining (with balcony) and a bathroom with laundry area. The bedroom has built-ins and there is also a car space in the basement.
Located on the third floor of 'The Sands' and with some local views, this complex has secure access through the lobby. The complex boasts internal lifts, manicured gardens, visitor parking and a communal swimming pool.

The complex is located directly opposite the beach and within walking distance of the heart of Surfers Paradise with all the cafes and clubs Surfers Paradise and other amenities that precinct has to offer. It's also just a short walk to the Tram which gives you easy access to most other areas of the Gold Coast.
This unit is waiting for someone to work their magic to make it their home. Put this on your list and inspect before it's too late.

Body Corporate Fees:
Administration Fund: $4,166.52 per annum
Sinking Fund: $2,769.20 per annum
Insurance: $270.48 per annum
Floor Area: 65 sqm (including balcony)

**NO OFFERS CONSIDERED PRIOR TO PUBLIC AUCTION**
As per legislation governed by the 2014 Property Occupations Act, we cannot disclose any price expectations for sales via public auction in Queensland.

AUCTION TERMS: CASH, UNCONDITIONAL TERMS with 42 DAY SETTLEMENT and 5% DEPOSIT PAYABLE BY PERSONAL/ COMPANY/BANK CHEQUE or ELECTRONIC FUNDS TRANSFER ON SALE DATE.

ALL OTHER INSPECTIONS BY APPOINTMENT (valuations/B&P inspections/etc may be arranged either side of the advertised open inspections by appointment).
The Public Trustee of Queensland is committed to adhering to the Australian and State Government regulations around open homes and property inspections.

Property History for 309/40 The Esplanade, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$515,000
03 Jul 2024
Listed for Rent
$480/w
04 May 2023
  • 03 Jul 2024
    Sold for $515,000
  • 11 Dec 2021
    Sold for $247,000
  • 11 Nov 2021
    Listed for Sale AUCTION
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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 25,793 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.
There are currently 431 properties listed for sale, and 153 properties listed for rent in Surfers paradise on OnTheHouse. According to Cotality's data, 1530 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.