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Investing in Property for Sale: How to Buy A Profitable Waterfront Property for Airbnb in Surfers Paradise

Last updated on June 21st, 2023

airbnb property for sale Surfers Paradise

Owning a beachfront property is a dream for the majority of people. If you are eager to make this come true by earning a passive income at the same time, then purchasing a property with a beautiful view of the sea is ideal in Surfers Paradise, Australia!

Airbnb rental arbitrage in Surfers Paradise is preferred by investors who have a limited budget to purchase a property, which means you can do Airbnb by just renting it! However, the main question is: will Airbnb properties be profitable in that area? Don’t forget to check if Airbnb rules in Surfers Paradise allow hosting to avoid breaching the laws.

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Surfers Paradise is a massive tourist spot. So consider the possibility of purchasing a detached home to turn into a holiday home for the long summer months. 

People are always looking for short term accommodation while on holiday, so taking the initiative and figuring out a good holiday home investment plan could be a lucrative investment.” 

– Ray White SP on Surfers Paradise Property Investment

Surfers Paradise is the perfect beach town for those who want to earn a passive income by purchasing a property for Airbnb. While it’s important to check on the Airbnb occupancy rates in Australia, it’s also best to do a market research to make informed decisions.

Let’s not get carried away by a property’s design or its proximity to major tourist areas because the primary step is to determine profitability. In this article, we’ll discuss the metrics in order to gauge the best property investment, specifically when buying a beachfront property in Surfers Paradise. 

This includes the best website recommendations for property investment, the prices and properties for sale in Surfers Paradise, along with each property type’s gross rental yield, cash-on-cash return, and annual revenue.

Is Property Investment Profitable in Surfers Paradise Beach?

Australia is known to be one of the fastest-growing property markets across the globe. This means that the country has a wide variety of profitable property investments offering higher yields. Using an Airbnb income calculator, it was discovered that a 2-bedroom apartment in Surfers Paradise can generate an annual revenue of A$110,230 with a steady occupancy rate of 85% and a nightly rate of A$355.

airbnb property for sale Surfers Paradise

airbnb property for sale Surfers Paradise

Houses and Apartments for Sale in Surfers Paradise Beach

Buying a beach house property will not only let you have access to a delightful vacation spot, but it can also bring an excellent return on investment and become a reliable income stream! It may be difficult to find the best properties that have the potential to produce high yields and capital growth, and this article will certainly help you through! 

Here are some of the profitable properties in Surfers Paradise Beach along with the calculated gross rental yield, cash-on-cash return, and annual revenue:

airbnb property for sale Surfers Paradise
airbnb property for sale Surfers Paradiseairbnb property for sale Surfers Paradise

53/19 Orchid Avenue Surfers Paradise QLD 4217

1. Studio-type Property for Sale in Surfers Paradise
  • 1.6 km away Surfers Paradise State School
  • Asking Price: A$109,000
GROSS RENTAL YIELD 18.74%
ANNUAL REVENUE A$20,425
CASH ON CASH RETURN 30.45%
airbnb property for sale Surfers Paradise
airbnb property for sale Surfers Paradise

1514/22 View Avenue Surfers Paradise QLD 4217

2. 1-Bedroom Property for Sale in Surfers Paradise
  • 1.7 km away Surfers Paradise State School
  • Asking Price: A$110,000
GROSS RENTAL YIELD 23.91%
ANNUAL REVENUE A$26,305
CASH ON CASH RETURN 45.97%
airbnb property for sale Surfers Paradise
airbnb property for sale Surfers Paradise

2023/22 View Avenue Surfers Paradise QLD 4217

3. 2-Bedroom Property for Sale in Surfers Paradise
  • 3.3 km away Keebra Park State High School
  • Asking Price: A$170,000
GROSS RENTAL YIELD 25.18%
ANNUAL REVENUE A$42,806
CASH ON CASH RETURN 49.77%
3-Bedroom Surfers Paradise
3-Bedroom Surfers Paradise

9/34 Remembrance Drive SURFERS PARADISE QLD 4217

4. 3-Bedroom Property for Sale in Surfers Paradise
  • 5-minute walk to the heart of Cavill Mall and a hop, step and jump to the ocean
  • Asking Price: A$260,000
GROSS RENTAL YIELD 23.99%
ANNUAL REVENUE A$62,376
CASH ON CASH RETURN 46.20%
4-Bedroom Surfers Paradise
4-Bedroom Surfers Paradise

1/22 Peninsular Drive Surfers Paradise QLD 4217

5. 4-Bedroom Property for Sale in Surfers Paradise
  • 0.8 km away Surfers Paradise State School
  • Asking Price: A$390,000
GROSS RENTAL YIELD 22.78%
ANNUAL REVENUE A$88,836
CASH ON CASH RETURN 42.57%

Conclusion

Since Airbnb is rapidly increasing and constantly changing for each city in the world, it is crucial to make decisions based on wild guesses. The data points mentioned in this article for Surfers Paradise such as Airbnb occupancy rates, annual revenue, and average daily rate should be the primary basis before investing in a property. 

Hence, if the data presented above has given you ideas to boost your strategic pricing plan for your business, then an Airbnb rental arbitrage calculator is certainly what you need for success in the long run. It’s a fact that some of the STR investors are also considering Airbnb Rental Arbitrage, but they still need to have a reliable data tool on which to base their conclusions! 

As we live in a digital era, an accurate data analytics tool can help your business stand out among your surrounding competitors and benchmark your property by tracking the occupancy rates of competing listings in your preferred city.

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