2622/9 Ferny Avenue, Surfers Paradise QLD 4217
2622/9 Ferny Avenue, Surfers Paradise QLD 4217
3-bed 2-bath 2-car high-rise | premium Circle on Cavill precinct | full-service amenities | flood overlay flagged | likely ocean/city view potential
This apartment is positioned as a rare large-format holding in a high-rise precinct dominated by smaller investor stock. The two-car allocation, combined with a full-service building offering pools, gym, and direct retail access, is a genuine point of differentiation in Surfers Paradise. The property is best suited to owner-occupiers seeking a low-maintenance beachside residence, or downsizers wanting walkable access to tram, dining, and the beach. Its configuration and internal amenity are expected to hold strong appeal among lifestyle buyers who prioritise convenience over space.
Value might be materially driven by the exact floor level and aspect, which are not seen in basic details. A premium might be commanded by a high ocean-facing position, while a lower outlook might be associated with a price constraint. Insurance costs or buyer perception might be affected by the flood overlay, though direct risk is mitigated by elevated construction. The final figure might be influenced by finish condition and updates.
>> Comparable Sales: 2672/9 Ferny Avenue (3-bed, sold $1.35M in 2015) | Property Price Band: $2.9M–$3.0M | Value Drivers: view corridor, internal condition, two-car layout
Detailed Independent Property Report prepared by PropCred Analyst team for 2622/9 Ferny Avenue, Surfers Paradise QLD 4217
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Surfers Paradise is repositioning as a genuine residential contender, with its light rail, precinct upgrades and Olympic-linked infrastructure resetting a market once hampered by reputational slack. Demand is coming from high-wealth buyers alongside families and middle-income households drawn by lifestyle and employment, while population growth continues to outstrip new supply. The vacancy rate remains tight, underscoring underlying pressure. After a sustained run in which most properties more than doubled in value, price growth is now expected to moderate, though no correction is forecast. The 2032 Games and ongoing tower developments provide a durable tailwind, yet market sentiment remains sensitive to perception and delivery timing.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
1.41 ha
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