2201/23 Ferny Avenue, Surfers Paradise QLD 4217
2201/23 Ferny Avenue, Surfers Paradise QLD 4217
2201/23 Ferny Avenue, Surfers Paradise appears to be a 2-bedroom, 1-bathroom, 1-car apartment in a building completed in 2004, with an internal area reported at 82–83 m². The property was listed for sale as an apartment in Surfers Paradise.
2-bed river-view apartment in established resort | mid-2000s build with full amenities | strong rental yield in central Surfers Paradise | compact but efficient layout
This unit sits in a well-regarded resort complex, offering a river outlook that lifts it above many comparable apartments in the precinct. The 82–83 square metre floorplan is functional for a couple or single professional, and the inclusion of ducted air-conditioning and gym access adds genuine everyday comfort. The building was completed in 2004, meaning it is older than new stock but established, with a full suite of resort facilities—multiple pools, spa, theatre—that remain competitive in the central Surfers Paradise market. The rental yield of approximately 5.8% is solid for this area, making it a practical choice for an investor seeking steady cash flow, while owner-occupiers looking for a lock-and-leave lifestyle with views and amenity may also find it appealing. Its location on Ferny Avenue places it within walking distance of beach, dining, and light rail, reinforcing convenience as a core advantage.
The key factors that may influence value here are the exact floor level and orientation, neither of which is confirmed from the available data. A lower floor with a less direct river view could reduce the comparative attractiveness, while a higher floor might command a premium. The tourist-heavy neighbourhood can bring noise and transient feel, which may not suit all owner-occupiers. Body corporate fees for this scale of resort building are typically notable and should be verified. Market conditions in the Gold Coast apartment segment may also shift, particularly for mid-2000s stock against newer competitors.
Detailed Independent Property Report prepared by PropCred Analyst team for 2201/23 Ferny Avenue, Surfers Paradise QLD 4217
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
96m²
URL has been copied successfully!