What you need to know about real estate in Surfers Paradise

What you need to know about real estate in Surfers Paradise
Staff ReporterSeptember 15, 2019

Surfers Paradise is a suburb of the Gold Coast, 83kms south-east of Brisbane, known for its nightlife, pristine beaches, and towering skyline.

It is home to the Q1 tower, which at 322.5 metres tall was the tallest residential building when it was built in 2005.

Roughly four out of every five occupied dwellings in the suburb are apartments.

To see the current median asking prices for rent, click here.

The region covers 5.8 km2 and has a wildly fluctuating population that swells dramatically during the summer months.

The centrally-located Cavill Avenue (and its pedestrian mall) is considered the heart of the Gold Coast’s entertainment district and features shopping precincts, bars and nightclubs, and numerous restaurants.

The dense metropolitan area hugs right up against the iconic Surfers Paradise Beach – An unbroken three-kilometre strip that hosts swimmers, joggers, surfers, and sun-bathers.

Surfers Paradise consistently ranks as one Queensland’s most pricey areas, and in 2017 it became the state’s 7th most expensive suburb to buy property in.

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