31203/36 Old Burleigh Road, Surfers Paradise QLD 4217
31203/36 Old Burleigh Road, Surfers Paradise QLD 4217
This is a 2-bedroom, 2-bathroom apartment in the Jewel Private Residences on Old Burleigh Road, Surfers Paradise. It includes one secure car space and sits on a 599 m² lot. The unit is positioned as absolute beachfront with uninterrupted ocean views and premium designer finishes, likely on a high floor given the unit number.
What is competitively strong about this property is its absolute beachfront position with uninterrupted ocean views, a feature that is genuinely rare and highly sought after in Surfers Paradise. The premium finishes and access to five-star hotel amenities place it firmly in the luxury segment, serving buyers who prioritise prestige and location over yield. This unit is positioned well above the typical stock in the suburb, which is dominated by older or lower-spec apartments. It is best suited to high-net-worth individuals, international investors, or affluent retirees seeking a move-in-ready, high-floor residence with a strong sense of exclusivity and scarcity.
Factors that might materially affect the property’s value include the very high entry price, which could limit buyer demand in a slower market where units typically take longer to sell. The rental yield may be compressed compared to median-priced units, as the capital value is significantly higher without confirmed premium rental data. The building’s age is not confirmed, and some amenity details may derive from a different complex, so the actual quality and exclusivity of the facilities should be verified. The recent sale of this same unit in October 2024 provides a strong recent benchmark, but the lack of direct comparable sales nearby means price support relies heavily on the property’s unique attributes and buyer appetite for luxury beachfront stock.
Detailed Independent Property Report prepared by PropCred Analyst team for 31203/36 Old Burleigh Road, Surfers Paradise QLD 4217
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
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
2
Bathroom
2
Parking
1
Land
599m²
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