Suburb Details
Colloquially known as “Surfers,” Surfers Paradise is the vibrant heart of the Gold Coast and a dynamic symbol of Australia’s love for high-rise, beachfront living. With its sparkling blue waters, golden sands, iconic skyline, and endless attractions, it’s no surprise the suburb draws over 4 million visitors annually and is regarded as one of the nation’s favourite holiday destinations.
Originally a quiet coastal strip, its transformation began in 1917 when Brisbane real estate agent Arthur Blackwood coined the name “Surfers Paradise Estate” to promote land sales—a venture that failed at the time but gave the area its enduring name. Today, Surfers Paradise pulses with energy, particularly around Cavill Avenue and Cavill Mall—named after pioneering hotel owner Jim Cavill—which now serve as one of Australia’s busiest retail and nightlife hubs.
The area offers a diverse mix of high-rise living, luxury apartments, retail, dining, and entertainment, with distinct residential precincts like Budds Beach, Chevron Island, Paradise Waters, and Isle of Capri—each with its own village feel and strong sense of community.
Home to around 25,000 residents, the suburb is especially popular with people aged 25 to 34, though more than 32% of the population is over 60, reflecting its broad appeal. As of April 2025, the median house price is $4,000,000 with a weekly rent of $1,300 (1.7% yield), while units have a median price of $3.02 m and the same weekly rent, offering a stronger yield of 2.2%. These figures show that while houses command higher sale prices, units provide better rental returns, making Surfers Paradise attractive to both homeowners and investors.
Its unbeatable beachfront location, world-famous surf breaks, and extensive public transport options like the G:link light rail contribute to a lifestyle packed with shopping, attractions, restaurants, cafes, and nightlife. Whether it’s a peaceful morning stroll on the beach or dancing the night away, Surfers Paradise offers something for everyone, making it one of Australia’s most sought-after coastal destinations.
Click for more detail and House Price Finder Statistics – Suburb Report Surfers Paradise
Click for more detail and Apartment Price Finder Statistics – Suburb Report Surfers Paradise