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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location
Market Insights for Surfers Paradise QLD 4217
New Listings (last 30 days)
10
Average price
$912,800
Lowest price
$579,000
Highest price
$1,700,000
Other properties in this postcode

18/59A Peninsular Drive, Surfers Paradise QLD 4217

Offers Over $650,000

Listed: 25 days ago
Updated: 3 hours ago
Overview

This elevated top-floor apartment at 18/59A Peninsular Drive offers a superb Gold Coast lifestyle, combining convenience, comfort, and investment potential. Located within a boutique three-storey complex, it benefits from a bright northeast orientation which fills the interiors with natural light and allows refreshing breezes to circulate. The surroundings provide impressive city skyline vistas, extending the living space beyond the interior to a generous balcony where relaxation or casual entertaining is enhanced by the views.

The apartment’s interiors have been tastefully updated with tiled flooring throughout, alongside a renovated kitchen and bathroom, allowing for immediate enjoyment without the need for renovation. The open plan living and dining area creates a functional space ideal for everyday living, seamlessly connecting to the outdoor balcony. Both bedrooms are well-proportioned, with the main bedroom enhanced by a built-in wardrobe, adding to the practicality of the home. Comfort is further supported by split system air conditioning in the main living zone, ensuring a pleasant environment year-round.

Additional features include a secure undercover car space and low body corporate fees, underpinning the convenience and affordability of ownership. The property’s location is an outstanding highlight, with proximity to Surfers Paradise Beach, accessible shops, cafés, restaurants, entertainment venues, and the light rail network. This makes navigation around key areas such as Southport, Broadwater, and Broadbeach straightforward and efficient. Riverside parklands nearby offer outdoor recreational opportunities, complementing the area’s lifestyle appeal.

With a combination of updated interiors and strong rental yield prospects, this apartment presents itself as an attractive option for first home buyers, investors seeking steady returns, and those desiring a low-maintenance coastal lifestyle in a vibrant community setting.

Local Market Insights

In Surfers Paradise, Quiet Listings observed 10 new units entering the market over the last 30 days, down from 20 during the previous 30-day period, with an average advertised asking price of $912,800. The property type mix of listed properties is predominantly Apartments at 60%, followed by houses (23%), and units (6%). The most active agency for units in the Surfers Paradise area is currently Ray White, representing 40% of new listings, followed by McGrath Estate Agents with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History
Headline When
Offers Over $650,000
Offers Over $675,000
$699,000