31202/36 Old Burleigh Road, Surfers Paradise QLD 4217
31202/36 Old Burleigh Road, Surfers Paradise QLD 4217
This is a 165-square-metre, two-bedroom, two-bathroom apartment on level 12 of a luxury tower in Surfers Paradise, featuring a 53-square-metre wraparound balcony and one car space. It is a rare large-format residence in a precinct defined by new-build quality and direct beachfront positioning.
The property’s competitive strength lies in its size and configuration. At 165 square metres internal, it is significantly larger than most two-bedroom units in the suburb, and the 53-square-metre balcony extends liveable space in a way few comparable properties achieve. The north-facing aspect and shoreline views are a genuine premium, as they capture light and outlook without the afternoon heat common to western exposures. This unit sits within a newer development, which means it competes with a limited pool of stock that offers contemporary finishes, floor-to-ceiling glazing, and a full amenity set. It is best suited to a buyer seeking a primary residence or a high-yield holiday let where space and quality matter more than entry price.
The price point may narrow the buyer pool, as it sits well above the typical unit transaction in Surfers Paradise. The slower days-on-market average for the suburb suggests buyers here take time to compare options, and a property at this level may require patience to find the right match. The shared land title and high-density zoning are standard for the area and should not materially affect value, but the lack of detailed finishes in the listing means a buyer should verify appliance quality and fit-out standard during inspection. Rental demand for large luxury units remains strong, which supports the price if income return is a factor.
Detailed Independent Property Report prepared by PropCred Analyst team for 31202/36 Old Burleigh Road, Surfers Paradise QLD 4217
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
2
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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
599m²
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