506/4 Wahroonga PlaceSurfers Paradise QLD 4217
Property Details for 506/4 Wahroonga Pl, Surfers Paradise
506/4 Wahroonga Pl, Surfers Paradise is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 133m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (December 2022)
Investors look no further! This high-demand 133sqm layout is leased unfurnished to fantastic tenants at $650/week until August 2023. With its considerably low outgoings, this is a set-and-forget future growth investment with huge potential!
Arguably one of the most popular residential only buildings in town, Avalon Apartments offers a unique positioning nestled between the serenity of the Nerang River and the city vibes of Surfers Paradise. On your doorstep is peaceful Lionel Perry Park and across the road the Circle on Cavill Shopping precinct offers a multitude of retailers such as Woolworths and Chempro.
Avalon is known for being residential only and combines city living with a friendly neighborhood atmosphere. Perfect for both living and as an investment attracting quality long-term tenants.
Developed by Sunland Group in 2006 the complex offers all the luxuries of a modern highrise but without the exorbitant outgoings.
Facilities include:
- Outdoor spa-bath
- Outdoor pool
- BBQ area & seating
- Gym
- Sauna
- Steam room
- Residents lounge
Approximate investment figures:
Body Corp Levies - $80/week
Council Rates - $2,200/annum
Water Rates - $1,350/annum
Current lease - $650/week due to increase $670/week August 2022. Lease expires in August 2023.
Apartment 506 is located on level 5 of the preferable eastern corner which stays cool in summers by avoiding the hot afternoon sun. The layout offers 133sqm of living with two spacious bedrooms, the master bedroom feature its own private balcony and ensuite with shower and spa-bath. The open plan kitchen and living is wrapped by floor-to-ceiling windows allowing an abundance of natural light. The main balcony joins this space and is perfect for entertaining whilst soaking up the river views and city vibe all at once.
Contact Jens on 0404 330 220 to arrange your inspection.
Property History for 506/4 Wahroonga Pl, Surfers Paradise, QLD 4217
- 19 Oct 2022Sold for $690,000
- 11 Mar 2022Listed for Sale Offers over $740,000
- 22 Jul 2008Sold for $650,000
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 25,780 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.
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