5/40-42 Tarcoola Cres, Surfers Paradise is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 1 bedroom Apartment sold in Surfers Paradise in the last 12 months.
Tucked away in the tightly held “Karana Palms” complex, 5/40-42 Tarcoola Crescent presents an outstanding opportunity to secure a low-maintenance apartment in one of the Gold Coast’s most desirable lifestyle locations. Positioned on the ever-popular Chevron Island, this well-appointed residence offers the perfect blend of convenience, comfort, and coastal living.
Set within a secure boutique complex of only 18 apartments, the property features a spacious open-plan layout filled with natural light, flowing effortlessly onto a private balcony surrounded by tropical greenery. Whether you’re an investor, first-home buyer, downsizer, or searching for the ideal weekender, this is smart buying in a high-demand location.
What you’ll love
• Spacious one-bedroom apartment with built-in wardrobe
• Light-filled open plan living and dining area
• Private courtyard perfect for relaxing or entertaining
• Functional kitchen with ample storage
• Air-conditioning and ceiling fans
• Secure basement car accommodation
• Boutique resort-style complex with pool and BBQ facilities
• Quiet street location only moments from Chevron Island Village
Key Location Highlights
Whether heading to the beach, meeting friends for dinner, or commuting via light rail, everything is within easy reach.
• 1.2 km to Surfers Paradise Beach & iconic coastline
• 900 m to HOTA (Home of the Arts) cultural precinct
• 1.1 km to Chevron Village dining, cafés & local amenities
• 800 m to Surfers Paradise North Light Rail Station
• 3.5 km to Broadbeach dining, Pacific Fair & Star Casino
• 5 km to Southport CBD, Griffith University & major hospitals
Properties within Karana Palms are tightly held and continue to see strong demand thanks to their unbeatable location and lifestyle appeal. This is your opportunity to secure a slice of Chevron Island living in the heart of the Gold Coast.
Why Surfers Paradise?
This location sits in one of the Gold Coast’s most tightly held lifestyle pockets, offering the best of both worlds — the relaxed village feel of Chevron Island combined with the energy and amenity of Surfers Paradise just minutes away.
It’s a position defined by walkability, convenience, and long-term demand, where residents can enjoy riverfront parks, café culture, and entertainment precincts all within easy reach, while still having a quieter residential base to come home to.
Enquire today for further information or to arrange your inspection.
Disclaimer: Photos are from when the property was vacant and staged. Information is provided by the seller and third parties we believe to be reliable.
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 25,714 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 49.69% increase in median value, while Units have seen a 81.50% increase. As at 31 July 2026:
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