61/132-138 Ferny AvenueSurfers Paradise QLD 4217
Property Details for 61/132-138 Ferny Ave, Surfers Paradise
61/132-138 Ferny Ave, Surfers Paradise is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 1997. The property has a land size of 920m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in May 2025.
Last Listing description (August 2026)
Welcome Home - to this fully furnished 1-bedroom, 1-bathroom unit, primely located in a beautiful resort just moments from the beach & the heart of Surfers Paradise.
The Sovereign on the Gold Coast resort is a renovated, well-run, stunning resort with all the amenities you need for leisure & lifestyle.
You'll love the massive pool, large hot spa, sauna & gymnasium.
It's just a short, direct walk to Surfers Paradise beach which can be seen from the balcony of your apartment, and a 3 minute walk to the Tram stop with only 2 stops into Cavill Avenue!
FOR THE INVESTOR:
Currently Rented for $700/week until November 2025.
Council Rates: $1,006/quarter
Body Corporate (including electricity): $2,107/quarter
Water: $411/quarter
To absolutely maximise your return on this investment, many owners enjoy the lucrative income from Holiday-Letting or Airbnb with high-demand & low vacancies in this complex!
Enjoy happy returns for years to come..
Being SOLD Fully Furnished, jam-packed with value to ensure high-returns for years to come, your new property will include:
- a 5-seat lounge set & coffee tables
- high-end dining table & 4 dining chairs
- boucle queen bed with bedside tables & lamps
- a fridge/freezer
- kitchen utensils, cutlery, crockery
- 2-burner countertop electric cooker
- 9-in-1 multicooker
- dishwasher
- washer/dryer combo
- 5-tier book shelf
- TV & cabinet
- 5-piece outdoor table setting; and
- reverse-cycle air conditioning
**Please Note: As these apartments are part of a resort, this unit is not accepted as a security type by most lenders - please speak with your mortgage broker or lender to ensure this property is financeable for you**
You'll love the space, peace & quiet, with glimpses of the ocean from the balcony. A beautiful spot for winding down of an evening or hosting friends on the weekends!
Don't miss out on the opportunity to experience coastal living at its finest! Call Caiti today organise a viewing and secure your slice of Paradise.
Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.
Property History for 61/132-138 Ferny Ave, Surfers Paradise, QLD 4217
- 18 May 2025Sold for $475,000
- 01 Apr 2025Listed for Sale $475,000 Investment Purchase Only
- 02 Oct 2023Sold for $295,000
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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 25,794 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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