8/59 Peninsular Drive, Surfers Paradise, QLD 4217 | Property Value & History | OnTheHouse
OFF MARKET

8/59 Peninsular Drive
Surfers Paradise QLD 4217

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 304m2
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Property Details for 8/59 Peninsular Dr, Surfers Paradise

8/59 Peninsular Dr, Surfers Paradise is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 304m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1969
Floor Size
69m2
Land Size
304m2
Local Government
Gold Coast City
Lot/Plan
8/BUP370

Last Listing description (February 2025)

Great opportunity and buying with this 2 bedroom, 1 bathroom unit in the heart of Surfers Paradise and close to the beach and light rail.

The unit is on the second level of a three level walk up block and has a lock up garage with room for storage. Features include tiled living areas, a built in wardrobe in the main bedroom with balcony access.

An added bonus is the living area opens up to a large sunny balcony, great for entertaining or just chilling out with city skyline views.

- 2 bedroom, 1 bathroom (2nd floor unit)
- Tiled living areas, carpet bedrooms
- Large balcony with city skyline views
- Single lock up garage with room for storage
- Low Body Corporate $38.00 per week
- Large block on just off the water
- Redevelopment potential
- Convenient location walk to everything

Conveniently located close to the Surfers Paradise CBD it is only a short walk to everything including shops, restaurants, clubs, the G link rail and the famous beaches of the Gold Coast.

Options are unlimited with this unit, use as a long term rental investment or move in and enjoy the cosmopolitan lifestyle on offer, the choice is yours.

Property History for 8/59 Peninsular Dr, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$335,000
25 Oct 2022
Listed for Rent
$390/w
22 Oct 2021
  • 25 Oct 2022
    Sold for $335,000
  • 21 Sep 2022
    Listed for Sale $330,000
  • 08 Oct 2021
    Listed for Rent $390 / week
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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 25,544 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 403 properties listed for sale, and 144 properties listed for rent in Surfers paradise on OnTheHouse. According to Cotality's data, 1545 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.