Surfers Paradise at a glance
32,224
People
$750,000
Median sale
$776/wk
Median rent
5.38%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
QLD › Surfers Paradise › The Esplanade
For sale
For sale
1
Bedrooms
1
Bathrooms
0
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
No recorded sale price for this property yet.
Surfers Paradise at a glance
32,224
People
$750,000
Median sale
$776/wk
Median rent
5.38%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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.
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
No advertised rent is recorded. Suburb median rent $776/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Surfers Paradise at a glance
32,224
People
$750,000
Median sale
$776/wk
Median rent
5.38%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Surfers ParadisePositioned high above Surfers Paradise on level 35 of the iconic Ocean by Meriton tower, this impressive residence captures breathtaking views across the Pacific Ocean, coastline and city skyline, offering an exceptional opportunity to secure a modern apartment in one of the Gold Coast's most recognisable beachfront addresses.
Designed to make the most of its elevated position, the apartment is filled with natural light and enjoys spectacular outlooks from both the living area and bedroom. The contemporary open plan living, dining and kitchen area flows seamlessly towards the enclosed balcony, creating the perfect space to sit back and take in the uninterrupted ocean views.
The modern kitchen is finished with sleek cabinetry, quality appliances and ample storage, while the bedroom enjoys its own impressive coastal outlook through floor to ceiling windows. Neutral finishes throughout create a light and modern feel, making the apartment equally suited to those looking for a beachfront home, holiday escape or investment in the heart of Surfers Paradise.
Perfectly suited to an owner occupier seeking a relaxed beachfront lifestyle or an investor looking for a high demand asset, this apartment offers stylish, low maintenance living in an exceptional location. With strong rental appeal and nothing left to do, it presents an outstanding opportunity to move straight in, enjoy as a coastal escape or lease immediately.
Ocean by Meriton places you directly opposite the golden sands of Surfers Paradise Beach while remaining only moments from the restaurants, cafes, shopping and entertainment of central Surfers Paradise. With the light rail also within easy walking distance, everything the Gold Coast has to offer is right at your doorstep.
Additional Features
• Elevated position within the iconic Ocean by Meriton tower
• Spectacular ocean, hinterland and city skyline views
• Floor to ceiling windows capturing an abundance of natural light
• Contemporary open plan living and dining
• Enclosed ocean facing balcony
• Modern kitchen with quality appliances and excellent storage
• Spacious bedroom with impressive coastal views
• Modern bathroom
• Ducted air conditioning
• European style laundry
• Contemporary finishes throughout
• Directly opposite Surfers Paradise Beach
• Pet friendly building, subject to Body Corporate approval
Additional Facilities
• Exclusive residential heated indoor swimming pool and spa on Level 33
• Fully equipped gymnasium
• Indoor steam rooms and saunas
• 24 hour concierge
• Ground floor beachfront cafe
• Restaurants within the building overlooking the ocean and coastline
• Easy access to Surfers Paradise Light Rail Station
• Walking distance to restaurants, cafes, shopping, entertainment and the beach
Offering an incredible combination of elevation, views and location, this is an opportunity to enjoy modern beachfront living from one of Surfers Paradise's landmark residential towers.
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. Prospective purchasers should make their own inquiries to verify the information contained herein.
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Ben Fry, Ray White Surfers Paradise — reproduced as published, not verified by Districts.
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