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QLD › Broadbeach Waters › Park Ave

38 Park Ave, Broadbeach Waters QLD 4218

House

$2,325,000

Last sold

18 Nov 2025

5

Bedrooms

2

Bathrooms

2

Car spaces

769 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $2,325,000 (18 Nov 2025).(Recorded sale)
  • FactLand 769 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Broadbeach Waters (last 5 years) with land size: median $3,754/m² of land (n=102). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$2,325,000

18 Nov 2025 · derived via latest_sale

Local land rate: recorded House sales in Broadbeach Waters (last 5 years) with land size have a median of $3,754/m² of land (n=102). Districts calculation from recorded sales — not a valuation.

Broadbeach Waters at a glance

9,122

People

$2,550,000

Median sale

$1,258/wk

Median rent

2.57%

Suburb gross yield

Median sale from 93 recorded sales (last 12 months) — a Districts calculation.

See the full Broadbeach Waters report →

Vs Broadbeach Waters

-8.8%

Median sale

Suburb $2,550,000

+0.24 pp

Gross yield

Suburb 2.57%

Suburb median $2,550,000 from 93 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Sold$2,325,00018 Nov 2025
  2. Listedprice unknowncompleted17 Sept 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $1,258/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Broadbeach Waters in one glance

Broadbeach Waters at a glance

9,122

People

$2,550,000

Median sale

$1,258/wk

Median rent

2.57%

Suburb gross yield

Median sale from 93 recorded sales (last 12 months) — a Districts calculation.

See the full Broadbeach Waters report →

Keep researching

  • Why Broadbeach Waters? Read the area thesis →
  • What else is on the market in Broadbeach Waters →
  • Other records on Park Ave →

Listing material

Listed by Ray White TMG

SOLD BY GREG CORCORAN & SERGIO YANEZ

The word unique is often thrown around in real estate scripts and might I say over used. In this case, it's completely accurate and here is why…..

The home is U-shaped, surrounding the pool and provides such phenomenal living arrangement for anyone lucky enough to live inside as traffic flows to the centrepiece of the home, which are the kitchen, living, lounge and outdoor entertaining areas which are overlooking the water and have easterly skyline views. Bedrooms are either side, with the master tucked away in its own enclave with another bedroom and the 3 other bedrooms, plus a main bathroom, on the other side, making it the perfect arrangement for home owners or parents to actually separate themselves entirely from kids, guests or boarders.

The living areas are large and allow you to have multiple rooms to disconnect or throw a party, plus there's even an in-built bar that leads to the outdoor deck. It's 70's chic meets 2025 modern.

Read the full description

The home has been renovated and is really light, coastal and captures those brilliant sea breezes. It's an entertainer with intellect and with its incredibly close proximity to the Star Casino, Broadbeach nightlife and restaurants, the beach, Surfers Paradise, parks, schools and Pacific Fair Shopping Centre, you really couldn't be more blessed to live here.

High growth, incredibly well positioned and with more charm than George Clooney, this home is ready for U! Call Greg on 0475 046 561 or Serg on 0435 676 395 to organise an inspection or to discuss anything regarding the home.

HIGHLIGHTS:

o U-Shaped home with pool and living areas as the centrepiece

o 5 Bedrooms/2 Bathrooms/lock up garage

o Generous living areas that lead to outside deck overlooking skyline and water

o Air conditioning

o Great floor plan ideal for families, downsizers and investors

o Boat ramp for easy access

o Safe neighbourhood with a great sense of community - quiet cul-de-sac

o Master bedroom in its own enclave

o Recently renovated

o Quality kitchen appliances

o Well maintained and low maintenance

o Separate laundry

o Fantastic investment in a high growth area

o Very close to Star Casino, Broadbeach nightlife and restaurants, the beach Surfers Paradise, parks, schools and Pacific Fair Shopping

POTENTIAL INCOME:

Rental potential: $2000-$2100 per week (approx)

Airbnb/Stayz: $375 - $1075 per night (entire home depending on season)

SCHOOL CATCHMENT ZONE:

Broadbeach State School

Merrimac State High School

DISTANCES:

Bus Stop - 350 m

Local Shopping Centre - 1km

Major Shopping Centre - 1.2km

Primary School - 1.6km

High School - 7.0 km

Highway - 1km

Train Station - 10km

Beach - 1km

Hospital - 12km

Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Any photographs show only certain parts of the property as it appeared at the time they were taken. Areas, amounts, measurements, distances and all other numerical information is approximate only. Potential buyers should make their own inspections and enquiries and seek their own independent legal advice before signing a contract of sale, to satisfy themselves that all details relating to the property are correct..

Listing description written by Greg Corcoran, Ray White TMG — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • Study
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.