Back 41/16 Waverley Street
Off Market

41/16 Waverley Street

Southport QLD 4215

1
1
1
62 m²
Apartment
Last sold for $633,000
Elliott WicksElliott Wicks, last sold this property on 12 April 2026 after 1 day on the market.

Overview

Move Straight In or Rent Out High Demand Southport Investment

The Pitch: Welcome to 41/1626 Waverley Street, Southport, a top-floor opportunity offering the perfect blend of comfort, convenience and investment potential in the heart of the Gold Coast CBD. Positioned within a well-maintained and secure complex, this three-storey walk-up building features resort-style amenities including a sparkling swimming pool and BBQ pavilion, creating an appealing lifestyle for both residents and tenants alike. Whether you're a savvy investor looking to capitalise on strong rental demand or a first home buyer seeking an affordable entry into a high-growth location, this property ticks all the boxes. Enjoy an east-facing balcony that captures natural light and coastal breezes, while additional north-facing windows in the living area and kitchen further enhance the sense of space and light throughout. The open-plan kitchen is well-appointed with ample storage and seamlessly connects to the spacious living and dining area, flowing out to a generous private balcony, perfect for relaxing or entertaining. The oversized master bedroom is thoughtfully designed, complete with direct access to a two-way bathroom and separate toilet for added functionality. A separate internal laundry with dryer adds further convenience, while air-conditioning and ceiling fans throughout ensure year-round comfort. Set in a central location just moments from Southport's key amenities, this is an outstanding opportunity to secure a low-maintenance property with strong lifestyle appeal and excellent long-term growth prospects. The Details: - Top-floor apartment in a secure well-maintained complex - Ideal for investors or first home buyers seeking value and location - Positioned in the heart of Southport CBD with strong growth potential - Bright and airy layout with east-facing balcony capturing natural light and breezes - Additional north-facing windows enhancing light throughout living and kitchen areas - Open-plan kitchen with ample storage flowing seamlessly to living and dining - Spacious living area opening onto a large private balcony, perfect for entertaining - Generous master bedroom with access to a two-way bathroom and separate toilet - Separate internal laundry with dryer for added convenience - Air-conditioning and ceiling fans throughout for year-round comfort - Resort-style complex featuring a swimming pool and BBQ pavilion - Low-maintenance living in a high-demand rental and lifestyle location The Location: Positioned in the thriving heart of Southport, this apartment offers an exceptional blend of lifestyle and convenience, with everything at your fingertips. Enjoy easy access to Australia Fair, a vibrant mix of cafes, restaurants, medical facilities and everyday essentials, all just moments away. The G:link light rail is within close reach, providing seamless connectivity to Surfers Paradise, Griffith University and Gold Coast University Hospital. For those who appreciate an active, outdoor lifestyle, the nearby Broadwater Parklands offers stunning waterfront spaces, walking tracks and recreational facilities. From an investment perspective, Southport continues to outperform as the Gold Coast's CBD, driven by ongoing infrastructure, strong population growth and high demand. The suburb has seen consistent unit price growth in recent years, with solid rental returns supported by low vacancy rates and proximity to major employment and education hubs. Combining affordability relative to surrounding areas with long-term growth potential, Southport remains a standout choice for both investors and owner-occupiers seeking future upside and a well-connected coastal lifestyle. The Investment: - Currently Vacant, ready to move in or rent out - Date of last rent increase: 21/12/2025 at $540 per week - Current market appraisal: Approximately $600 - $625 per week - Council Rates: Approximately $2,450 annually - Water Rates: Approximately $400 per quarter - Body Corporate: Approximately $80 per week The Disclaimer: In the creation of this advertisement, we have made every effort to ensure the accuracy and truthfulness of the information provided. However, we assume no responsibility and disclaim all liability for any potential errors, omissions, inaccuracies, or misstatements that may arise. We strongly advise prospective purchasers to conduct their own investigations and verification of the information contained herein. Furthermore, it is recommended that buyers independently inquire about building approvals and any relevant warranties to ensure complete satisfaction and confidence in their decision. Please be advised that our editing team has solely enhanced the colour of the grass and sky in the image to improve its aesthetic appeal, without any intention to misrepresent the property in any manner. Please be aware that these photos feature digitally staged furniture and do not accurately represent the current condition of the property. As the property is currently tenanted, virtual furniture/ item removal has been applied to these photos. Please note that these images may not fully reflect the property's current condition and presentation.

Features

1 bedroom
1 bathroom
1 carspace
62 m² floor area
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 41/16 Waverley Street is $625k.

Median value
$625k
Estimated value range
$467k - $848k
Median days on market
33
Estimated value trend
20%
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 41/16 Waverley Street

2026
Sold
$633,000
Private Sale/Treaty on 12 Apr 2026 by Elliott Wicks, of Castle Property Agents

Happy sellers in Southport

86%
86% 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 165 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 41/16 Waverley Street, have been sold.

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

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