504/40 The Esplanade Surfers Paradise QLD 4217
Property Details for 504/40 The Esplanade, Surfers Paradise
504/40 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 74m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (September 2021)
This 2 bedroom unit is located in "The Sands" building within the heart of Surfers Paradise and directly across the road from the beach.
The unit features include:
- Air conditioned
- Northern aspect
- 4th floor
- Furnished
- Low body corporate of $128/week
- Secure car park
- Currently rented for $400.00/week until 15/10/21
- Rental Appraisal $450 - $500/week
- Also suitable for holiday letting or owner occupiers
- Unit is fully furnished
The building features include:
- Swimming pool
- 2 lifts
- 2 street frontage
- On Site Manager
- Land size is 4001m2 and is a potential development site
A great location with many restaurants and shops nearby.
This was originally a 1 bedroom unit and has been converted to a 2 bedroom unit.
Property History for 504/40 The Esplanade, Surfers Paradise, QLD 4217
- 23 Jul 2021Sold for $350,000
- 09 Jun 2021Listed for Sale Offers Over $ 350,000
- 10 Aug 2020Listed for Rent $425 / week
Recent sales nearby
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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 25,798 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.
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