Surfers Paradise real estate has become an integral part of the location's economy. Investors see great potential in Surfers Paradise, as the Surfers Paradise housing market continues to grow exponentially each and every year. Although property values in the Gold Coast have increased in recent years, the beachfront living still remains fairly affordable in Surfers Paradise and the variety of choice is staggering.
From high-rise hotels and apartments to Indy Track-side apartments, Surfers Paradise has something for every buyer. West across the Indy Track people can find a delightful, relaxed little neighbourhood that most visitors don't even know about - "Budd's Beach". This intimate cluster of about a half-dozen shoreline streets is just about as long-settled and highly esteemed as Sydney's Rose Bay and Melbourne's "Old" Toorak.
Budd's Beach is tucked between the river and the ocean just before the famous Nerang River and then it swells into Jarrparilla Cove. Budd's Beach is known as a true gem and life there operates at a specific pace and tune - the properties are extraordinarily hard to come by. Because of the location's laid back personality and desirability, this tiny riverside neighbourhood has become a famous location complete with small golden beaches, wide-water river frontage, parks, art studio and a cafés.
Exclusive private residences can be found at Paradise Waters. Real estate in Surfers Paradise features palatial homes that are mostly river or canal oriented. There are also a handful of high-rise apartment complexes in this area such as Nelson, Atlantis towers and Grand Mariner. Residential market values at Paradise Waters have skyrocketed due to the location's sublime water views and proximity to Macintosh Island and Narrow Neck.
There are a number of Surfers Paradise real estate locations that act as holiday accommodation spots perched on Paradise Island. Flanked by older, low-rise unit complexes and an increasing number of high-quality riverfront homes; this is a wonderful and enchanting location. In addition to high-rise apartment towers, there are also accommodation for backpackers along Paradise Island, which is why it is generally referred to as "Dormitory Isle".
An increasing number of buildings are undergoing strata-titled sell offs within the Surfers Paradise real estate market. These are transformed into spectacular managed service apartments and are usually bought by perceptive interstate buyers that offer affordable entry into beachfront property allowing investors to be cash-positive from day one.
Some of the best streets are Central Surfer Paradise's Esplanade, Garfield and Northcliffe Terraces - these offer high prestige apartment living with absolute beachfront and breathtaking views. Paradise Place off River Drive in Budd's Beach offers absolute beachfront positions. Paradise Waters is the most prestigious location in Surfers Paradise real estate. Paradise Waters offers impressive homes in Commodore Drive located across the Nerang River or North to Broadwater.
