23/2916 Gold Coast Highway, Surfers Paradise QLD 4217

23/2916 Gold Coast Highway, Surfers Paradise QLD 4217
2 bed 2 bath riverfront apartment | 120 sqm with full amenity set | north-west aspect with river views | flood overlay present | boutique block between Surfers and Broadbeach This property is competitively strong because of its size and amenity combination. At 120 sqm internal, it is larger than most Surfers Paradise apartments, which typically trade at smaller floorplans. The riverfront position with north-west aspect, direct water access, and a full amenity set including pool, spa, tennis court, and pontoon is rare in a boutique building. This configuration suits downsizers seeking low-maintenance riverfront living, owner-occupiers wanting lifestyle space, and investors targeting premium rentability in a central coastal location. The flood overlay is the most material factor that may affect value perception and buyer pool. It can influence insurance costs and lender appetite, so it should be weighed carefully. The Gold Coast Highway frontage may introduce traffic noise, though the river outlook offsets this. Building age is unconfirmed, which may affect maintenance expectations. The 2020 sale at $430,000 and 2025 sales near $900,000 suggest strong capital growth in this complex, but future appreciation depends on broader market conditions and how the flood risk is priced.
Detailed Independent Property Report prepared  by PropCred Analyst team for 23/2916 Gold Coast Highway, Surfers Paradise QLD 4217
Checks found:
Value Risk ✕ 2
Liquidity Risk ! 1
Planning Risk ✓
Income Risk ! 1
Execution Risk ✓
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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

557m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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