38 Tarcoola Crescent, Surfers Paradise, QLD 4217 | Property Value & History | OnTheHouse
OFF MARKET

38 Tarcoola Crescent
Surfers Paradise QLD 4217

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 506m2
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Property Details for 38 Tarcoola Cres, Surfers Paradise

38 Tarcoola Cres, Surfers Paradise is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 506m2.

Building Type
House
Land Size
506m2
Local Government
Gold Coast City
Lot/Plan
2/BUP2655

Last Listing description (April 2022)

Invest in your future with this outstanding opportunity nestled in a strong Gold Coast growth corridor. Perfectly positioned within close proximity to the world-famous Surfers Paradise beaches, restaurants and retail offerings, this is your chance to secure a duplex site zoned for high density residential, right on the city fringe.

Placed on a 506m level block and with a substantial 17.1m northern frontage, the site is currently configured to host two 2 bedroom, 1 bathroom units per level, each with kitchen, living and dining zones. Separate garages and workshop/storage areas complement this, with a communal swimming pool. Either keep as is to generate an instant rental return, renovate for profit or explore your options to capitalise on the exceptional location with townhouses, duplex villas, apartments, NDIS or short term accommodation options.


Positioned in a sought after south-east pocket of Chevron Island, it's a location that provides the exclusivity and
quietness of an island, whilst being less than 1km from the vibrant heart of Surfers Paradise. Closer to home, grab your morning coffee from a choice of many cafes that line the Thomas Drive retail and eatery precinct, just footsteps away.

Maximise this enticing potential and the high rental yield returns that await. Arrange your inspection today.

Property Specifications:
Two 2 bed, 1 bath villas on two separate titles - will be sold together
506m level block and with a substantial 17.1m northern frontage
Zoned for high density residential, right on the city fringe
Walking distance to Thomas Drive shops, cafes, business amenities and restaurants
Less than 1km from the vibrant Surfers Paradise beaches, restaurants and retail opportunities
Can keep as is to generate an instant rental return, renovate for profit or explore options for develop site with townhouses, duplex, apartments, NDIS or short term accommodation
Current combined rental return of $1070 per week

Council Rates: Approx. $2,839.98 per annum
Water Rates: Approx. $1,876 per annum
Rental Appraisal: $500-$530 per week for each duplex

Disclaimer: The above information is accurate to the best of our knowledge; however, we advise that all interested parties make their own enquiries as we will not be held responsible for any variation that may apply to this information. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 38 Tarcoola Cres, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Listed for Rent
$550/w
19 Mar 2018
  • 28 Jul 2021
    Listed for Sale For Sale by Negotiation
  • 25 Jul 2016
    Listed for Rent - Price not available
  • 25 Nov 2015
    Listed for Sale Not Disclosed
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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 25,448 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 40.85% increase in median value, while Units have seen a 92.56% increase. As at 30 June 2026:

  • The median value for Houses in Surfers Paradise is $2,565,125 while the median value for Units is $875,345.
  • Houses have a median rent of $1,398 while Units have a median rent of $760.
There are currently 392 properties listed for sale, and 153 properties listed for rent in Surfers paradise on OnTheHouse. According to Cotality's data, 1555 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.