Affordable Homes – Cheapest Waterfront in Gold Coast

July 10, 2023
cheapest waterfront gold coast

Key takeaways:

  • The Gold Coast offers affordable waterfront living options, presenting value-packed properties in key locations.
  • Surfers Paradise and Broadbeach Waters are standout suburbs, offering a blend of city excitement and tranquil coastal living.
  • By effectively using property search filters and staying updated, prospective buyers or renters can secure properties well below the median house value.
  • The Gold Coast market presents the perfect opportunity to secure your dream home in a premier location.

Welcome to the Gold Coast, a city of eternal sunshine, magnificent surf, and an affordable coastal lifestyle that’s more than just a daydream. As we guide you through our handpicked selection of the cheapest waterfront Gold Coast properties, you’ll see that the region’s luxurious charm can indeed harmonize with your budget.

Gold Coast, famed for its sun-kissed beaches, superb surf spots, and iconic high-rises, also holds a treasure trove of value-driven properties. These hidden gems offer the opportunity to relish the coastal lifestyle without causing a dent in your savings.

When you key in ‘Gold Coast waterfront homes’ in your search bar, don’t be daunted by the array of opulent million-dollar listings. Instead, rest assured, the Gold Coast property market offers diverse options catering to a wide range of budgets.

Our carefully selected list showcases a diverse array of properties, including houses, apartments, and units, all presenting excellent value and the irresistible charm of waterfront living. The vibrant core of Surfers Paradise and the tranquil waterways of Broadbeach Waters form a part of this list, highlighting the affordable options available within the Gold Coast’s property market.

cheapest waterfront gold coast

The median house prices in the Gold Coast hovers around $550,000, but the properties we’ve listed here fall well below this mark, proving that budget-friendly waterfront living is not a myth but a reachable reality.

Although some properties on our list might have already been snapped up, keep the suburbs in mind when you set up your match profile on Soho. We’ll send you property matches as soon as new listings come onto market, so you don’t miss a beat.

Doing so will ensure you’re promptly notified about new listings in these high-demand locations, keeping you one step ahead in your property hunt. Your dream waterfront home on the Gold Coast is just around the corner!

Are you a renter? Explore tons of available rental properties in Gold Coast to find your next home!

Price $345,000 – 8 A/34 Hanlan Street, Surfers Paradise, QLD, 4217, Australia

cheapest waterfront gold coast

Discover city living at its finest in this North-facing, one-bedroom apartment nestled in the heart of Surfers Paradise CBD. Just a hop, skip and jump from the beach, this renovated unit on the 8th floor of the ‘Kinkabool’ offers an unparalleled vantage point of the bustling city centre.

Adorned with a spacious lounge, modern kitchen, and updated bathroom, this home embodies comfort and convenience. The ‘Kinkabool’ is steeped in history as Surfers Paradise’s first highrise, recently revitalised with a major upgrade, it perfectly encapsulates the 1960s charm of the suburb.

If you’re wondering where to invest in Gold Coast, consider this gem. Whether you’re an investor eyeing a profitable asset or a homebuyer hunting for a unique property, this option, currently leased at $450 per week, stands out as an excellent choice. Though there’s no included car space, a separate garage is available for purchase. This property offers more than just a home; it’s a slice of Surfers Paradise history.

Auction Guide $350,000 – 400,000 – 8/11 Peninsular Drive, Surfers Paradise, QLD, 4217, Australia

cheapest waterfront gold coast

Introducing ‘The Townhouses’, a charming waterfront ensemble of just 14 single-level properties, nestled minutes from Surfers Paradise’s lively shopping, dining and entertainment hub. Situated in a beauitful location, these townhouses are an ideal choice for investors or owner-occupiers keen to be at the heart of it all, with world-class amenities just around the corner.

This two-bedroom unit boasts open-plan living, a generous kitchen, and a lock-up garage with internal access. Measuring 91m2, it also features a private courtyard for entertaining, built-in robes and ceiling fans in both bedrooms, and a spacious combined bathroom-laundry.

The block, a sizeable 2626m2, sits comfortably on the waterfront. Plus, with low body corporate fees and high rental potential, it’s a property opportunity not to be missed in the bustling heart of Surfers Paradise.

Price $399,000 – 40 The Esplanade, Surfers Paradise, QLD, 4217, Australia

cheapest waterfront gold coast

Presenting a golden chance to own this freshly renovated apartment, sitting at the heart of Surfers Paradise. With potential for redevelopment, this property offers a unique prospect as a ready-to-live-in space or as an investment with excellent rental returns.

This pristine one-bedroom apartment radiates an abundance of natural light, having been recently modernised with a sleek yet understated design. Highlights include a spacious bedroom with built-in wardrobe, a sophisticated bathroom, a modern kitchen, a vast balcony, and tiled living spaces. The apartment also includes a long-term lease on a carpark.

Previously owned by some of Australia’s eminent business families, including Kerry Packer, properties in “The Sands” are renowned for their strategic location. Poised right in the heart of Surfers Paradise, this valuable investment promises robust returns and has the potential for future redevelopment.

The property boasts a north-facing aspect and is located on the first floor. It comes with a generous living and dining area, a completely renovated kitchen with a breakfast bar, and high-quality bathroom facilities. Additionally, the building features a beachside pool and outdoor area.

With its body corporate and water rates being reasonable, and the long-term carpark lease priced at approximately $100 per month, this property won’t last long on the market!

Check out more properties in Surfers Paradise QLD 4217.

Price $420,000 – $450,000 – 22/30 Marine Parade, Southport, QLD, 4215, Australia

cheapest waterfront gold coast

Located adjacent to Australia Fair Shopping Centre, the Grandview Apartments is a gem in one of the Gold Coast’s prime areas. This property is expected to be snapped up quickly!

This apartment, with an area of 61m2, provides a spacious and luminous living area, perfectly encapsulating the effortless coastal lifestyle. The location provides doorstep access to a myriad of shops, the Broadwater Parklands, GC Aqua Park, and Rock-pools. The returns are above average, with a gross yield of 5.3 – 6%.

The building, freshly painted with a contemporary colour palette, is secure and well-maintained, comprising 59 one-bedroom apartments. The complex is a 100% permanent residential community, with no holiday letting.

The apartment is conveniently a five-minute walk from the G-link light rail station and Hopper Ferry. With an abundance of eateries and cafes just a short stroll away, this place brings convenience and pleasure together. The Body Corporate Committee is proactive, maintaining a healthy sinking fund.

Other features include a secure undercover single car park with ample visitor parking available, a 16-camera CCTV security system, an in-ground swimming pool nestled amongst leafy tropical surroundings, and resident building management.

Check our more properties in Southport QLD 4215.

Price $455,000 – 1605/44 The Esplanade, Surfers Paradise, QLD, 4217, Australia

cheapest waterfront gold coast

Situated on the 16th floor, this property is in the heart of Surfers Paradise, directly opposite the beach and within a stone’s throw of shops, cafes, and a medical centre.

This apartment boasts an outstanding North-East orientation, offering uninterrupted views of the beach and ocean. Whether it’s soaking up the sun in winter or enjoying the cool breeze in summer, the location is nothing short of perfect.

Exclusive to the building are a host of amenities, including a large outdoor pool, three spas, a sauna, gym, game room, along with onsite management and secured parking.

Fully furnished and rarely available at this level, this unit is truly a gem. Don’t miss out on this opportunity – inspect and make your offer today!

Check out more properties in Surfers Paradise QLD 4217.

Price $450,000 – $500,000 – 32/11-17 Philip Avenue, Broadbeach, QLD, 4218, Australia

cheapest waterfront gold coast

Located in the dynamic epicentre of Broadbeach, this stylish one-bedroom apartment occupies a prime position on the top floor. Being less than a 10-minute amble from notable local attractions such as the beach, The Star Casino, Pacific Fair shopping centre, and the Gold Coast Convention Centre, it’s a perfect fit for those seeking both comfort and convenience.

The apartment’s open-plan design has been carefully updated with an emphasis on comfort and style. A large sliding door connects the indoor living space to a private balcony, ushering in gentle breezes and abundant natural light. The living and dining area is cooled by air conditioning, with an additional fan in the bedroom ensuring year-round comfort.

Not only is the apartment light and bright, but it is also ideally located within walking distance of the beach, Oasis and Pacific Fair shopping centres, as well as both Broadbeach light rail stations. The complex boasts a heated pool and spa, adding an extra layer of luxury to your everyday living. Plus, your vehicle will be safe in the secure underground car space.

This property represents a rare chance to secure an enviable lifestyle of Broadbeach. Reach out today to explore this impressive property.

Check out more properties in Broadbeach QLD 4218.


cheapest waterfront gold coast

In summary, this article serves as a comprehensive guide for anyone seeking to find a home on the Gold Coast, where affordable waterfront living doesn’t have to be a dream. We’ve delved into a variety of properties, each presenting unique selling points and unbeatable value.

From the heart of Surfers Paradise with its renowned services, shopping, and entertainment, to the serene Broadbeach Waters where you can enjoy breathtaking views right from your house, these locations offer a mix of city buzz and laid-back coastal charm.

For prospective buyers or renters, remember to apply the correct filters in your property search, stay updated, and contact the relevant real estate agents to secure these hidden gems. If you’re lucky, you might just find a property at a price well below the median house value in Queensland.

There’s no better time to buy or rent in the Gold Coast – the surf’s up and your dream home awaits!

More on finding the cheapest homes in Gold Coast

Are Gold Coast property prices falling?

The cyclical nature of the property market prompts the question, “will Gold Coast house prices drop?” It’s noteworthy that Gold Coast house prices have experienced a decline of about 10% since their peak in 2017. Despite this downturn, it’s important to keep in mind that markets are inherently cyclical, and price growth is anticipated in the coming years.

What is the average price of a Gold Coast house?

While the average price of a house on the Gold Coast is $900,000, the cost can fluctuate based on the suburb and the size of the property. For instance, a house in Surfers Paradise will typically be pricier than one in Tugun. Nevertheless, cheap houses for sale in Gold Coast do exist, presenting great opportunities for value-seeking buyers.

Where is the cheapest place to live on the coast in Queensland?

The cheapest place to live on the coast in Queensland is South Stradbroke Island. The median price for a property on South Stradbroke Island is $160,000. Other relatively affordable coastal suburbs in Queensland include Inskip Point ($170,000), Tin Can Bay ($200,000), and Hervey Bay ($220,000).

Soho is your expert team in Australian real estate, offering an innovative platform for effortless property searches. With deep insights into buying, renting, and market trends, we guide you to make informed decisions, whether it's your first home or exploring new suburbs.
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