8/40-42 Tarcoola Crescent, Surfers Paradise, QLD 4217 | Property Value & History | OnTheHouse
OFF MARKET

8/40-42 Tarcoola Crescent
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 1m2
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Last updated 10 Aug 2026
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Property Details for 8/40-42 Tarcoola Cres, Surfers Paradise

8/40-42 Tarcoola Cres, 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 1m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in March 2025.

Building Type
Unit
Year Built
1997
Floor Size
52m2
Land Size
1m2
Local Government
Gold Coast City
Lot/Plan
8/BUP106351

Last Listing description (October 2025)

Welcome to Karana Palms Resort. This holiday apartment is in a quiet, popular tourist complex, within minutes from the action of Surfers Paradise, and only metres to the trendy Chevron Island Village Centre. So close to all that the Gold Coast has to offer, but yet, tucked away from the hustle and bustle.

This fully furnished apartment is an excellent investment opportunity, ideal for the superannuation fund, or if you want to build your property portfolio. With strong investment returns, the net income is approx. $30,000 per year. It's definitely one property that requires your full attention. Owners can take advantage of being investors in the resort by spending some of your holidays in your very own apartment. You'll just need to check the availability with the on-site manager.

Features:

One Bedroom - One Bathroom
Renovated Kitchen
New Flooring
Combined Living/Loungeroom
Front Facing Balcony with City Views
Separate Internal Laundry
Undercover Secure Parking
Tropical Inground Pool
BBQ Area
Holiday Rental Pool
Exceptional Yearly Return
Low Body Corporate
Unit Comes Complete With All Furniture and White Goods
On-Site Manager

Take advantage of this truly tastefully designed one bedroom apartment. With holiday the market so strong on the Gold Coast, your investment income and further holiday accommodation have never been more secure.

Cal for your private viewing and more information.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 8/40-42 Tarcoola Cres, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$505,000
14 Mar 2025
  • 14 Mar 2025
    Sold for $505,000
  • 03 Mar 2025
    Listed for Sale $495,000
  • 30 Nov 2024
    Sold for $415,000
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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 25,708 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 394 properties listed for sale, and 141 properties listed for rent in Surfers paradise on OnTheHouse. According to Cotality's data, 1534 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.