241 Stanhill Drive, Surfers Paradise QLD 4217
241 Stanhill Drive, Surfers Paradise QLD 4217
Detached house on 506m² | 3-4 bed config unclear | 1970 single-level build | Rare freehold in apartment-heavy suburb
What is competitively strong about this property is its land-to-building ratio on a genuine house block in Surfers Paradise, where detached housing is increasingly uncommon. The 506m² lot with a 228m² single-level floorplan offers a configuration that suits buyers seeking space without stairs, and the 1970 build era typically provides solid bones with scope for renovation. This property sits in a location where most residential stock is high-density apartment product, so its house format gives it a scarcity advantage that can command a premium from owner-occupiers wanting a central Gold Coast address with private outdoor area. The buyer best served here is someone who values a freehold house on a standard suburban lot within walking distance of the Surfers Paradise amenity, rather than a buyer seeking turnkey luxury or apartment living.
What may materially affect the value of this property is the inconsistency in bedroom and car-space counts across records, which could create confusion during appraisal or financing and may require verification before a firm offer is made. The 1970 construction date suggests original or dated finishes are likely, so a buyer should weigh the cost of updating against the land value. The property’s single-level layout and standard lot size may limit its redevelopment potential compared to larger or dual-occupancy sites, which could cap future upside for investors. A cautious buyer would want to confirm flood risk, easements, and zoning allowances before forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 241 Stanhill Drive, Surfers Paradise QLD 4217
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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
3
Bathroom
2
Parking
1
Land
506m²
URL has been copied successfully!