Leburn & Associates

Licensed Real Estate Agents - Main Beach Qld

Cherie Leburn LREA

Principal

+61 418 883 552

cherie@leburn.com.au

Atlantis West

Lowest $960,000 Median $1,050,000 Highest $2,100,000 15 Apartments Sold

Atlantis West is an outstanding residential-only building sitting on seven and a half acres of prime river frontage.With a vast array of amenities, this building offers a lifestyle of convenience. Situated at 8 Admiralty Drive, Paradise Waters, this prestigous riverfront neighbourhood is bordered by the Nerang River to the west and the Gold Coast Highway to the east.The are palatial homes set on large blocks with either riverfront or canal access.

Latest Sales 2023
Configuration Units Sold
Plan 1 Bed 1 Bath 1 Carpark none
Plan 2 Bed 2 Bath 1-2 Carpark 12
Plan 3 Bed 2 Bath 1-2 Carpark 1
Plan Penthouse 2
Plan
Lowest Median Highest
nil nil nil
$960,000 $1,010,000 $1,245,000
$1,600,000 $1,600,000 $1,600,000
$1,631,500 $1,865,750 $2,100,000

*Sales prices obtained from Pricefinder & RP Data

Level Layout Year Built Total Units Total Floors Units per Floor
Plan 1985 163 37 5-6
 

Atlantis West Features

  • Outdoor swimming pool
  • Indoor lap pool and spa
  • Sauna and steam room
  • Lush tropical gardens
  • Well equipped gym facilities
  • Three full size tennis courts with flood lighting
  • Barbecue facilities and gazebo
  • Clubhouse, meeting room and library
  • On-site security and management
  • Pet friendly (subject to approval)
  • Marina berths

Main Beach- June 2022- July 2023 –Market Report with Cherie Leburn

Lowest: $350,000 Median: $1,200,000 Highest: $9,800,000 Apartments Sold:282

Main Beach has 205 units available for sale. The median property price for a unit is currently 1,245,000 with annual capital growth of 8.26. There were 186 unit sales in the past 12 months. On average, units spend 26 days on market.

If you’re thinking about buying an investment property in Main Beach, consider that rental yields for units are currently 3.22 with an average median rent of 800 weekly. Units have seen 3.75 growth in the past quarter, and 8.26 growth in the past 12 months.

The size of Main Beach is approximately 3.1 square kilometres. It has 5 parks covering nearly 46.3% of total area. The population of Main Beach in 2011 was 3,495 people. By 2016 the population was 3,864 showing a population growth of 10.6% in the area during that time. The predominant age group in Main Beach is 60-69 years.

Households in Main Beach are primarily childless couples and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Main Beach work in a professional occupation. In 2011, 53.7% of the homes in Main Beach were owner-occupied compared with 55.1% in 20 –https://www.yourinvestmentpropertymag.com.au