Back 38/106 Marine Parade
Off Market

38/106 Marine Parade

Southport QLD 4215

1
1
1
Apartment
Last sold for $467,000
Kiara TrimbleKiara Trimble, last sold this property on 13 July 2025 after 33 days on market.

Overview

INVESTOR GOLDMINE OR FIRST HOME WINNER - Beachside Bargain in Southport!

Whether you're investing, downsizing, or buying your first home, this tidy, north-facing 1-bedroom unit in Ray's Resort ticks all the boxes. Situated directly opposite the Broadwater and just a short walk from everything Southport offers, it's a smart, entry-level opportunity in one of the Gold Coast's most sought-after locations. Who this suits: • Investors: Enjoy strong rental demand, consistent returns, and prime positioning • First home buyers: An affordable way to step into a beachside lifestyle with convenience at your doorstep • Downsizers or FIFO buyers: Low-maintenance, secure living in a resort-style complex With the seller motivated by personal circumstances, this well-priced unit won't be on the market for long. Why It Works • Positioned directly opposite the Broadwater with ocean glimpse from the balcony and excellent lifestyle appeal • North-facing balcony floods the space with natural light and offers privacy • Just 200m to Australia Fair Shopping Centre for retail, dining, and entertainment • Only 300m to the G:link Light Rail Station for easy access to Griffith University, Surfers Paradise, and Broadbeach • Walking distance to Southport CBD, including Queen Street Village and essential services • Practical layout featuring open-plan living, internal laundry, and air conditioning • Secure allocated basement carparking Low-maintenance investment opportunity, ideal for permanent rental, Airbnb, or capital growth Building Amenities • Resort-style lagoon pool • Heated spa • Gym and sauna • BBQ area and landscaped communal gardens • Secure entry with on-site management Outgoings (approximate) • Body Corporate: $5564/per annum • Council Rates: $2600/per annum • Water: $1560/per annum Rental Appraisal: $600-$650/week (depending on furnishing)

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Southport over the last 12 months, the estimated median property value of 38/106 Marine Parade is $625k.

Median value
$625k
Estimated value range
$467k - $848k
Median days on market
33
Estimated value trend
18%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Southport. 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 38/106 Marine Parade

2025
Sold
$467,000
13 Jul 2025 by Kiara Trimble, of Ray White Surfers Paradise
2021
Sold
$208,000
Private Sale/Treaty on 24 Mar 2021 by Travis Miller, of Ray White Surfers Paradise

Happy sellers in Southport

88%
88% of sellers in Southport reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 177 reviews in Southport over the last 12 months.

Local market activity for 1 bedroom apartments in Southport

In the last 12 months, 77 one-bedroom apartments similar to 38/106 Marine Parade, have been sold.

This represents a 34% increase in one-bedroom apartments sales when compared to the previous 12 months.

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