24201/3113 Surfers Paradise Boulevard Surfers Paradise QLD 4217

24201/3113 Surfers Paradise Boulevard Surfers Paradise QLD 4217
2 bed apartment in Hilton tower | Est $1.02m value | Last sold $1.05m 2011 | Strong $1110pw rental|This two-bedroom apartment with one parking space in the Hilton Surfers Paradise complex suits couples or investors seeking a lock-up-and-leave beachside lifestyle. Positioned on level 42 of the Orchid Tower it delivers practical living through air conditioning balcony access and shared gym pool facilities tailored for low-maintenance coastal residency. Within the high-rise corridor of Surfers Paradise Boulevard this unit blends into a cluster of similar tower apartments where elevation enhances ocean and skyline views from most rooms. Buyers drawn to such properties often include downsizers from larger homes or interstate investors eyeing rental yields above 5 percent in a tourism-driven market. Comparable two-bedroom units in the building have held steady with estimates around $1 million reflecting limited supply on upper floors. Its 15-year hold since the $1.05 million purchase underscores resilience even as broader apartment stock turnover quickens nearby. Long-term appeal stems from the premium tower’s facilities and proximity to light rail beaches and schools without flood or bushfire risks. Market positioning favours steady capital growth for patient holders as Surfers Paradise demand prioritises elevated secure apartments over ground-level options. Rental performance supports self-sustaining investment while lifestyle buyers value the holiday-like setting year-round.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Surfers Paradise demand is still fuelled by tourism, renewed trust in large-scale projects and the Paradiso Place towers finally restarting construction with premium apartments and curated retail to anchor the northern strip. Buyers seek that beachside lifestyle plus the stronger rent lift in units versus houses, keeping investor interest alive even as visitors and build-to-rent stock continue to circulate. Risks come from the pipeline of new supply, but growth levers include the new retail precinct, ongoing Gold Coast tourism recovery and Olympic-linked infrastructure, while prices over the past six months have been flat to gently rising for units and largely steady for houses.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

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