Back 5502 Ephraim Island Parade
Off Market

5502 Ephraim Island Parade

Paradise Point QLD 4216

2
2
2
183 m²
Apartment
Last sold for $1,620,000
Murray SchmidtMurray Schmidt, last sold this property on 15 March 2026 after 12 days on market.

Overview

Sunlit Fifth-Floor Sanctuary with Expansive Living & Premier Waterfront Aspect

Positioned within the tightly held Inlet Precinct of prestigious Ephraim Island, Apartment 5502 delivers an exceptional opportunity to secure one of the development's most coveted floorplans. Boasting an expansive 183m²* of refined living, this fifth-floor residence offers rare house-like proportions complemented by a prized north-to-water aspect and abundant natural light. The oversized open-plan living and dining domain is designed to impress, with extra-wide interiors seamlessly extending through floor-to-ceiling glass doors to a substantial entertainer's balcony. An extended roofline ensures year-round enjoyment, creating the perfect setting for alfresco dining while capturing tranquil water views. Recently refreshed with new quality carpet, fresh paint, and updated lighting, the residence presents impeccably. At its heart, the gourmet kitchen features brand new benchtops, premium Miele appliances, gas cooktop, and an island breakfast bar-ideal for both everyday living and entertaining. Both bedrooms are generously proportioned. The elegant master retreat includes extensive built-in robes and a luxurious ensuite complete with a deep freestanding bath, while the second bedroom is privately positioned with its own built-in robe. A separate laundry, ducted air-conditioning, secure basement parking for two vehicles plus storage complete the offering. Set within a 24-hour secure, pet-friendly island community, residents enjoy access to resort-style amenities including indoor and outdoor pools, spa, sauna, gymnasium, beautifully maintained grounds and an on-site day spa. Just moments across the bridge, Paradise Point Parklands, boutique cafés, restaurants and shopping await, with marina berths available for the avid boatie. Opportunities to secure this exceptional layout are rare - a sophisticated waterfront lifestyle awaits. Property Highlights: • Expansive 183m²* fifth-floor apartment with prized north-to-water aspect • One of Ephraim Island's most tightly held and desirable floorplans • Oversized open-plan living and dining with extra-wide proportions • Seamless indoor-outdoor flow via floor-to-ceiling glass doors • Generous entertainer's balcony with extended roofline for year-round use • Gourmet kitchen with new Miele appliances, gas cooktop & brand new benchtops • Elegant master suite with built-in robes and freestanding bath ensuite • Freshly updated throughout with new carpet, paint and lighting • Secure basement parking for two vehicles plus storage shed • 24-hour secure, pet-friendly island living with pools, gym, spa & marina access • Body Corp $323* per week • Rates $2,200* per year Ephraim Island is renowned for its tranquil atmosphere, offering residents a unique blend of urban convenience and natural beauty. Featuring 24 hour security, 2 outdoor pools, an indoor pool, spa, sauna, gymnasium, superbly maintained grounds and day spa, this pet-friendly residential-only community offers all the comforts of luxury Gold Coast living. Just a short stroll across the bridge you will arrive at the Paradise Point Parklands, cafes, restaurants and shopping. Marina Berths are also available for the keen boatie! *approximate

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
183 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Paradise Point over the last 12 months, the estimated median property value of 5502 Ephraim Island Parade is $1.16m.

Median value
$1.16m
Estimated value range
$800k - $1.62m
Median days on market
61
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Paradise Point. 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 5502 Ephraim Island Parade

2026
Sold
$1,620,000
15 Mar 2026 by Murray Schmidt, of Professionals Vertullo Real Estate

Happy sellers in Paradise Point

78%
78% of sellers in Paradise Point reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 49 reviews in Paradise Point over the last 12 months.

Local market activity for 2 bedroom apartments in Paradise Point

In the last 12 months, 15 two-bedroom apartments similar to 5502 Ephraim Island Parade, have been sold.

This represents a 17% increase in two-bedroom apartments sales when compared to the previous 12 months.

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