5 Palm Avenue, Surfers Paradise, QLD 4217 sold on 08 April 2026 | OnTheHouse
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Sold on 08 Apr 2026 for $850,000

5 Palm Avenue
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 136m2
Land area: 13292m2
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Property Details for 5 Palm Ave, Surfers Paradise

5 Palm Ave, Surfers Paradise is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 13292m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 1 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
136m2
Land Size
13292m2
Local Government
Gold Coast City
Lot/Plan
1/BUP106473

Last Listing description (September 2025)

This property offers incredible value and must sell! An amazing north facing apartment on level 23 with panoramic ocean, river and Hinterland views, currently on lease back to Mantra delivering an excellent guaranteed income to the owner.

This is a truly flexible opportunity suitable for either an astute investor or owner occupier. You could continue to receive the healthy, steady income regardless of seasonal pricing and occupancy and also holiday at your apartment. Or, you can make this piece of paradise your permanent or lock-up holiday home.

The price of this property belies belief for its excellent location, stunning views, generous size and on-site facilities. An extremely spacious 133m2, the cleverly designed apartment features separated ensuite bedrooms for independent living and ultimate privacy, wrap across balcony, walk in robe in the master suite, very generously large living space and full size kitchen.

Located within Mantra's Crown Towers Resort, it offers the ideal holiday destination both for yourself and your guests with a 95% occupancy rate.

Mantra is a market leader with more rooms under management than any other resort operator on the Gold Coast. Owners within Mantra managed buildings benefit from high occupancy room rates and a quality of on-site management service fitting of a resort of Crown Towers' high standards.

The Resort is renowned for its fantastic on-site facilities and is just footsteps to one of the world's most iconic beaches, dining, shopping and public transport.

Onsite lifestyle facilities include:

* Massive sandy lagoon pool with children's pool
* 50 metre indoor heated pool
* Restaurant and bar
* Games room
* Barbecue area
* Undercover children's playground
* Gym
* Sauna, steam room and spa
* Renowned restaurant Chiangmai Thai
* G:Link tram station on your doorstep

Don't miss this opportunity, ideal for the astute investor or the lifestyle buyer to live in or as a lock up. Please contact Annette 0408 218 361 or Bren Kleinert 0438 183 138 for a private inspection or visit our Open Homes.

Surfers Paradise, with its close proximity to public transport and the G:Link light rail, offers a huge variety of dining and retail. Bordering on Narrowneck and Main Beach, the Southport Yacht and Surf Clubs are a short distance away and nearby are Marina Mirage, The Sheraton Mirage, Palazzo Versace, SeaWorld and the new Aquatic Centre.

While care has been taken to ensure that photographs and information for this property are true and correct at the time of publishing, third party conveyed information or alteration in circumstances may impact on the accuracy of this information.

Property History for 5 Palm Ave, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$850,000
08 Apr 2026
Listed for Rent
$450/w
17 Sep 2021
  • 08 Apr 2026
    Sold for $850,000
  • 02 Apr 2026
    Listed for Sale Offers Over $669,000 - Must Be Sold
  • 22 Apr 2021
    Listed for Sale SOLD
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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 25,544 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:

  • The median value for Houses in Surfers Paradise is $2,720,521 while the median value for Units is $847,007.
  • Houses have a median rent of $1,350 while Units have a median rent of $770.
There are currently 403 properties listed for sale, and 144 properties listed for rent in Surfers paradise on OnTheHouse. According to Cotality's data, 1545 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.