3/30-36 Burra Street, Surfers Paradise QLD 4217
3/30-36 Burra Street, Surfers Paradise QLD 4217
Ground floor east-facing pool outlook | boutique low-rise walk-up | 2-bed 2-bath with study space | flood overlay noted
This unit offers a genuinely uncommon configuration for the Surfers Paradise fringe. The ground-floor position with east aspect and direct pool outlook provides a quieter, more private living experience than typical high-rise stock. The 90-square-metre floor plan is generous for a two-bedroom apartment, and the inclusion of a study nook, separate powder room, and engineered timber flooring adds a level of finish that suits both owner-occupiers and investors. The secure walk-up format with only 11 properties in the building suggests lower density and potentially lower body corporate fees than larger towers. This property is best suited to buyers seeking a walkable island lifestyle near light rail, cafes, and beaches, without the density of central Surfers Paradise.
The flood overlay detected on the site is a material consideration that may affect insurance premiums and could influence buyer perception, though it does not appear to have hindered rental demand given the current $720 per week tenancy. The building’s age at 25 years may require attention to common property maintenance in the medium term, and the walk-up format without a lift could limit appeal for some downsizers or those with mobility concerns. The estimated rental upside to $780–$800 per week suggests solid income potential, but buyers should verify recent comparable sales directly rather than relying on automated estimates. The ground-floor position, while offering easy access, may also present privacy and security considerations relative to upper-level units.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/30-36 Burra Street, Surfers Paradise QLD 4217
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
1
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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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