2501/5 Enderley Avenue, Surfers Paradise QLD 4217
2501/5 Enderley Avenue, Surfers Paradise QLD 4217
Level 25 beachfront | rare 01 floor plan | 113sqm internal | resort complex with strong owner occupancy | high-demand Surfers pocket
This apartment occupies a configuration and height rarely available in a well-regarded beachfront complex, offering a genuine point of difference in a market where standard units dominate. The 113sqm internal area, open-plan layout, and all-white kitchen with outdoor flow create a liveable, light-filled space that appeals equally to permanent residents and discerning holiday buyers. The complex itself supports value stability: 85% owner-occupancy, recent common-area upgrades, and resort amenities including tennis courts and a heated saltwater pool reduce the risk of a transient, poorly maintained building. For a buyer seeking a primary coastal residence or a premium holiday unit with strong rental potential through the letting pool, this property positions well above the building median.
The primary risk is price: at $1,250,000, this unit sits well above the building median of $875,000, and a comparable 3-bedroom unit in the same complex sold at $1,215,000 after listing at $1,250,000. The premium must be justified by the rare floor plan and level, which may narrow the buyer pool. On the opportunity side, the high owner-occupier ratio and recent upgrades suggest the building is well-managed and likely to hold value. The short time on market—around seven days—indicates either strong early interest or an aggressive initial price; a buyer should test vendor motivation through the agents, particularly given the broader Surfers auction clearance rate of 59%.
Detailed Independent Property Report prepared by PropCred Analyst team for 2501/5 Enderley Avenue, Surfers Paradise QLD 4217
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
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
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