Back 203/5 Palm Avenue
Off Market

203/5 Palm Avenue

Surfers Paradise QLD 4217

2
2
1
Apartment
Last sold for $925,000
Matthew ThompsonMatthew Thompson, last sold this property on 28 April 2026 after 120 days on market.

Overview

Lucrative Dual-Key Holiday Investment - Guaranteed $4,000 Per Month Return

Seriously impressive value, with seriously impressive returns. Flexible dual-key design in popular Crown Towers, with one of the largest entertaining balconies in the area. Fresh, modern interiors & huge proportions, ideal for large family holidays with a smart layout, central living & dining, huge eat-in kitchen & large master suite at the rear. Currently leased through Mantra at a guaranteed $4,000 per month, your gross income being $48,000 per annum. Smart investing at its finest, with the potential to reserve time during the year for your own personal enjoyment. Act now. - Dual-key apartment - Flexible design, either split or lease entirely - Enormous balcony with city views - Fresh, coastal inspired rejuvenation - Currently leased at a guaranteed $4,000.00 per month - Fully furnished - Ducted air conditioning Complex Features: - Stunning manicured grounds - Huge lagoon style pool - Heated indoor pool - Multiple on-site restaurants - Gym - Spas & Sauna 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.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Surfers Paradise over the last 12 months, the estimated median property value of 203/5 Palm Avenue is $875k.

Median value
$875k
Estimated value range
$108k - $2.77m
Median days on market
42
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Surfers Paradise. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 203/5 Palm Avenue

2026
Sold
$925,000
28 Apr 2026 by Matthew Thompson, of Ray White Surfers Paradise

Happy sellers in Surfers Paradise

87%
87% of sellers in Surfers Paradise reported that their sale price either exceeded or met their price expectations.

Surfers Paradise stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 188 reviews in Surfers Paradise over the last 12 months.

Local market activity for 2 bedroom apartments in Surfers Paradise

In the last 12 months, 469 two-bedroom apartments similar to 203/5 Palm Avenue, have been sold.

This represents a 18% increase in two-bedroom apartments sales when compared to the previous 12 months.

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