Home/Properties/Southport/41/16-26 Waverley Street
41/16-26 Waverley Street, Southport$625,000
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41/16-26 Waverley Street

Southport, QLD 4215, Australia
$625,000
1 bed 1 bath 1 car62 m²

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About this property

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.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
62 m²
Listed
2 months ago

Repayment calculator

$3,030/month
$1,515 /fortnight
Loan $500,000 at 6.10% over 30 years

Upfront costs

Deposit$125,000
Stamp duty$21,150
Conveyancing (est.)$2,000
Total upfront$148,150
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Southport

This 1-bedroom apartment in Southport, QLD 4215 sits within reach of public transport, local shops and nearby schools. It is listed 22% below the $800,000 median of 66 comparable apartmentswithin 5 km.

Schools near Southport

  • Mastery Schools Australia - Southport Campuscombined
  • Southport Special Schoolcombined · Prep-12 · CoEd
  • St Hilda's Schoolcombined · Prep-12 · Girls
  • The Southport Schoolcombined · Prep-12 · Boys
  • Musgrave Hill State Schoolprimary · Prep-6 · CoEd
  • Southport State Schoolprimary · Prep-6 · CoEd

What's nearby

  • Southport (tram)627 m away
  • Neweys Dry Cleaners950 m away
  • Athol Patterson Park336 m away
  • Joyce William Park483 m away
  • Carey Park603 m away

Southport at a glance

Full suburb profile
Population
36,786
Median age
37
Household income
$1,268/wk
Median rent
$410/wk
Median mortgage
$1,647/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Southport is experiencing significant urban renewal driven by Gold Coast Light Rail connectivity and CBD consolidation. The area shows strong mixed-use and residential development momentum, particularly along the Broadwater foreshore and within the business district core. Infrastructure investment and state government focus on transit-oriented development are creating sustained DA pipeline activity across apartment, mixed-use and urban renewal projects.

Nearby projects

6

Closest

0.2 km

Southport Central Business District Renewal

1.3km2.5km3.8km5kmSouthport Central Business District Renewal — 0.2 kmLight Rail Extension Infrastructure Works — 0.3 kmSouthport Waterfront Mixed-use Development — 0.5 kmApartment Development - Nerang Street Precinct — 0.8 kmRecent Residential DA - Multiple Infill Sites — 1.2 kmSurfers Paradise Foreshore Precinct Expansion — 2.5 km

Distance from this property is exact (rings = km). Direction is illustrative.

Southport Central Business District Renewal

0.2 km
Mixed-useApproved

Urban renewal focused on consolidated commercial and residential development in the CBD core with improved street-level activation.

200 m

Light Rail Extension Infrastructure Works

0.3 km
InfrastructureCompleted

Gold Coast Light Rail Stage 3 extension through Southport supporting higher-density infill development and transit-oriented precincts.

2024

300 m

Southport Waterfront Mixed-use Development

0.5 km
Mixed-useUnder construction

High-rise residential and retail precinct along the Gold Coast Broadwater with waterfront activation and public space improvements.

2025

500 m

Apartment Development - Nerang Street Precinct

0.8 km
Apartment buildingUnder construction

Multi-tower residential complex near the Southport Business District with 400+ apartments across mixed-income housing.

800 m

Recent Residential DA - Multiple Infill Sites

1.2 km
Residential subdivisionApproved

Scattered infill apartment and townhouse approvals across Southport's inner residential zones reflecting gradual density intensification.

1.2 km

Surfers Paradise Foreshore Precinct Expansion

2.5 km
Mixed-useProposed

Adjacent precinct development with residential towers and tourism-focused retail, accessible via light rail connections through Southport.

2.5 km
Source: StMate AI — QLD development trends06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Southport price trend

Median sold · Unit 1 bed

Compound growth +17.4% / yr over 4 yrs

$610kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Southport market

Within 5km

Nearby Properties

View all in Southport