1204/3018 Surfers Paradise Boulevard, Surfers Paradise QLD 4217
1204/3018 Surfers Paradise Boulevard, Surfers Paradise QLD 4217
1 bed high-rise | 2009 build | 75 mยฒ internal | rental yield near 5.3% | investor-oriented market
This is a compact one-bedroom apartment in a well-established 2009 tower, offering a configuration that is common in Surfers Paradise but with a slightly larger internal area than many newer units. Its competitive strength lies in the balance of a modern build age and a rental yield that is considered solid for a central coastal location. The property is best suited to an investor seeking steady rental income from a liquid market, or a downsizer wanting a low-maintenance, walkable lifestyle near the beach and amenities. It sits within a high-density precinct where demand is supported by tourism and permanent residents alike, and the building’s age means it is not caught between the older stock and the premium new towers.
The value of this apartment may be influenced by its exact floor level and aspect, which are not confirmed but could affect light, noise, and outlook. Its rental return might be impacted by the building’s amenity offering and any restrictions on short-term letting, both of which are unverified. The 2008 purchase price provides a long-term baseline, but the current market context suggests price growth in the suburb has been strong, so a buyer should weigh the unit’s condition and any upcoming levies against comparable stock in the same tower or nearby complexes.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1204/3018 Surfers Paradise Boulevard, Surfers Paradise QLD 4217
Market Insight:
Surfers Paradise is undergoing a significant transformation, positioning itself as a resurgence destination driven by major infrastructure projects and the 2032 Olympics tailwind. Demand is underpinned by a persistent undersupply of homes and attracts both lifestyle-seeking families and strategic investors. Recent house price growth of 4.0% reflects this momentum, supported by a tight 1.2% vacancy rate. While a reputation shift is underway, the key risk is an easing of growth following several strong years, though no major correction is forecast.