501/3 River Drive, Surfers Paradise, QLD 4217 | Property Value & History | OnTheHouse
OFF MARKET

501/3 River Drive
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 119m2
Land area: 419m2
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Property Details for 501/3 River Dr, Surfers Paradise

501/3 River Dr, Surfers Paradise is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 419m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
1982
Floor Size
119m2
Land Size
419m2
Local Government
Gold Coast City
Lot/Plan
14/BUP5450

Last Listing description (October 2020)

Superbly located in Budd's Beach, no expense has been spared on this immaculately renovated two bedroom apartment with panoramic views never to be built out. Light filled living areas with great indoor/outdoor flow from the front to the back balconies.

This beautifully presented apartment in 'Spectrum' is an outstanding opportunity for investors and owner occupiers alike.

- Highly sort after "01 Style" Apartment in Spectrum

- Effortless and light filled living/dining area with excellent cross ventilation
- Beautifully presented kitchen with Surfers Paradise views
- Large outdoor alfresco area and balcony with stunning views
- Master bedroom with Nerang River views and ensuite
- Balcony access from both bedrooms
- Stunning ocean, Broadwater, river and hinterland views
- Complex facilities include BBQ area, sauna and tennis court
- Heated outdoor swimming pool and indoor pool/spa
- Storage shed at the end of the car park
- Serene riverside location in Budd's Beach

Spectrum is the perfect spot for people wanting to be close to Surfers Paradise without the noise and hustle and bustle whilst only a short walk from the beach, supermarkets, public transport, Glink light rail and the famous Bumbles Cafe.

For all enquiries and inspections, contact Aaron Worrad on 0402 368 070 or aaron.worrad@surfers.rh.com.au.

Property History for 501/3 River Dr, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$550,000
02 Sep 2020
Listed for Rent
$430/w
08 Apr 2016
  • 02 Sep 2020
    Sold for $550,000
  • 05 Jun 2020
    Listed for Sale UNDER CONTRACT
  • 10 Jan 2018
    Sold for $459,000
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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 398 properties listed for sale, and 153 properties listed for rent in Surfers paradise on OnTheHouse. According to Cotality's data, 1539 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.