41/16-26 Waverley Street
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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
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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 Cleaners — 950 m away
- Athol Patterson Park — 336 m away
- Joyce William Park — 483 m away
- Carey Park — 603 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
Flood Risk
None
Low
Medium
High
Flood zone
Gold Coast City Council flood overlays (various waterways including Nerang River and tributaries)
Southport is located on the Gold Coast in a low-lying coastal area with proximity to the Nerang River and stormwater drainage systems. Historical flooding events and the suburb's elevation relative to local waterways and storm surge risks place it in a medium flood-risk category. Properties in Southport are typically subject to Gold Coast City Council flood overlay controls; detailed site-specific flood mapping should be consulted during development or property assessment.
Planning controls
- Compliance with Gold Coast City Council Flood Overlay mapping and planning scheme requirements
- Finished floor levels must be set above the Probable Maximum Flood (PMF) or 1% AEP flood level depending on zone classification
- Development assessment triggers for properties in flood-prone areas; potential requirement for flood impact assessments and mitigation measures
- Mandatory flood-resistant construction standards and safe access/egress provisions during flood events
Suburb market
Suburb price trend
Southport price trend
Median sold · Unit 1 bed
Compound growth +17.4% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Southport marketSide-by-side analysis
Compare with similar properties
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