1605/3400 Surfers Paradise Boulevard, Surfers Paradise QLD 4217
1605/3400 Surfers Paradise Boulevard, Surfers Paradise QLD 4217
Larger 3-bed unit in high-rise resort | East-facing with ocean views | Flood overlay present | Suits owner-occupiers and downsizers
This apartment is competitively strong because of its size and orientation. At 172 square metres internally, it is significantly larger than most three-bedroom units in Surfers Paradise, where compact investor stock dominates. The east-facing aspect on level 16 delivers genuine ocean views and morning light, which is rare in a resort tower of this scale. The renovated finish, floorboards, and separation between living and sleeping zones lift it above standard older stock. It serves best as a permanent home for downsizers or owner-occupiers who want space, light, and resort amenities without a house. The flood overlay is a material constraint that may affect insurance costs and some buyers’ willingness to proceed. It sits within a known flood-prone corridor, so the buyer should confirm the building’s flood history, any required mitigation measures, and whether the overlay has influenced past sale prices in the complex. The building’s age and body corporate fees are not confirmed, and these could meaningfully affect ongoing holding costs. The central location also means higher noise and tourist activity, which may be a drawback for those seeking quiet.
Detailed Independent Property Report prepared by PropCred Analyst team for 1605/3400 Surfers Paradise Boulevard, Surfers Paradise QLD 4217
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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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.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
469m²
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