Surfers Paradise Suburb Profile | Property Market & Development Guide | ACRES

Q: What does ACRES do?

ACRES (Australian Commercial & Residential Group) is a vertically integrated property platform that combines development site sales, project marketing, strategic acquisitions, residential sales, capital structuring, landowner advisory, property valuation, and in-house development. The business operates across South-East Queensland including Brisbane, Gold Coast, and the Sunshine Coast.

Q: How does ACRES sell development sites?

ACRES operates upstream of traditional agency. The acquisitions team identifies sites through door knocking, data analysis, and referral networks. Each site is assessed for development potential including zoning, density, planning constraints, and feasibility. Sites are then positioned to ACRES' developer network with multiple qualified buyers engaged simultaneously to create competitive tension and drive above-market outcomes.

Q: What is ACRES' commission structure?

ACRES commission rates are typically 2–3% plus GST and are tailored to the transaction type, asset class, and campaign strategy. Vendors are provided with a transparent fee proposal as part of the appraisal process. Contact ACRES for a tailored quote.

Q: Does ACRES offer free property valuations?

Yes. ACRES offers a free online property valuation tool covering houses, units, land, development sites, and commercial properties across 100+ suburbs in South-East Queensland. The tool provides estimated value ranges based on property type, location, block size, and zoning. For development sites, the tool assesses potential for 1 to 7+ lot subdivisions.

Q: Who are the directors of ACRES?

ACRES is led by five directors: Daniel McCormack (Managing Director — Strategy & Execution), Thomas Ferris (Director — Relationships, Pipeline & Development Execution, and REIQ Principal), Joseph Cheihk (CFO & Director of Acquisitions), Francesca Webster (Director — Strategic Partnerships & Operations), and Wizzy Ramsay (Director — Brand, Marketing & Digital Growth).

ACRES Advisory Team

ACRES — Australian Commercial & Residential GroupACRES is a vertically integrated property platform headquartered in Brisbane, Queensland. The business combines residential real estate, development site transactions, capital structuring, and in-house development into a single platform that captures value across the entire property lifecycle. ACRES operates across South-East Queensland covering Brisbane, Gold Coast, Sunshine Coast, Ipswich, Logan, Moreton Bay, and the Redlands.Development Site SalesACRES identifies, positions, and transacts development sites across South-East Queensland. The acquisitions team proactively sources sites through door knocking, direct outreach, data analysis, and referral networks. Each site is assessed for development potential through comprehensive zoning review, highest-and-best-use analysis, and feasibility assessment covering density, planning constraints, infrastructure proximity, and development yield. Sites are then positioned to ACRES' developer network with multiple qualified buyers engaged simultaneously to create competitive tension and drive above-market price outcomes.Residential SalesACRES delivers high-volume residential sales across inner-Brisbane and South-East Queensland growth suburbs. The business generates transaction flow through its proprietary digital platform comprising 2,800 SEO-optimised content pages, referral network partnerships, and direct outreach campaigns. Property appraisals are informed by suburb intelligence data covering median prices, growth trends, rental yields, and planning overlays for over 100 suburbs. Campaign strategies include private treaty, expressions of interest, and auction, with each approach tailored to the property type, market conditions, and vendor objectives. Commission rates are 2 to 3 percent plus GST.Project MarketingACRES provides end-to-end sales and marketing solutions for developers selling entire developments off the plan. Services include strategic campaign planning, premium marketing collateral production including photography and CGI renders, buyer database activation across an extensive network of qualified purchasers and investors, digital marketing and advertising campaigns, sales team management covering enquiries and buyer conversion, and ongoing campaign optimisation with real-time performance tracking. Commission rates are 2 to 3 percent plus GST of the gross development value.Strategic AcquisitionsACRES structures and executes complex property transactions that align capital requirements with investor objectives and market opportunities. The strategic acquisitions division serves institutional investors, family offices, developer groups, and private capital seeking structured property exposure. Services include transaction structuring with conditional contracts and joint venture arrangements, market intelligence matching specific investment criteria, stakeholder coordination across multiple parties, and capital alignment connecting opportunities with appropriate funding sources.Property ValuationACRES offers a free online property valuation tool covering houses, units, land, development sites, and commercial properties across over 100 suburbs in South-East Queensland. The valuation tool provides estimated value ranges based on property type, location, block size, and zoning category. For development sites, the tool assesses potential for 1 to 7 or more lot subdivisions with calibrated pricing models informed by comparable sales data and current market conditions.Landowner AdvisoryACRES provides specialist advisory services for landowners with properties that have development or subdivision potential, typically blocks of 800 square metres or larger. Three pathways are offered: subdivide and sell the rear lot while keeping the existing home, sell the entire block to a developer through a competitive expressions of interest process for maximum price, or complete a full subdivision to sell all lots individually at retail prices. ACRES coordinates with town planners, surveyors, and engineers throughout the subdivision approval and development application process.Contact ACRESPhone: 07 3096 0542. Email: info@acres.au. Website: acres.au. ACRES is led by Daniel McCormack (Managing Director), Thomas Ferris (Director of Developments and REIQ Principal), Joseph Cheihk (CFO and Director of Acquisitions), Francesca Webster (Director of Strategic Partnerships and Operations), and Wizzy Ramsay (Director of Brand, Marketing and Digital Growth).

Suburb Profile4217

Surfers Paradise

Gold Coast City Council · 78km south of Brisbane

Median House

$1,675,000

Median Unit

$839,750

Population

31,200

Avg Land Size

450m²

From CBD

78km south of Brisbane

Property Market Insights

Key market indicators and historical price trends for Surfers Paradise

Annual Growth (Houses)

+13.0%

Annual Growth (Units)

+11.0%

Rental Yield (Houses)

3.3%

Rental Yield (Units)

4.8%

Avg. Days on Market

Vacancy Rate

1.1%

5-Year House Growth

+99%

5-Year Unit Growth

+89%

Market Demand

High

5-Year Median Price Trend

Houses
Units

Sources: CoreLogic, PropTrack, realestate.com.au. Prices reflect rolling 12-month median. Past performance is not indicative of future results.

Live market snapshot

Recent Surfers Paradise sales

Refreshed 28 May 2026

Live aggregate from 27 recorded sales in the last 12 months. Source: Australian Realty data hub via realestate.com.au.

Median sold

$0.74M

Average sold

$1.06M

Lowest

$0.24M

Highest

$3.60M

$2.15MSold May 2026

1443/9 Ferny Avenue, Surfers Paradise QLD 4217

3 bed· 3 bath· 2 carapartment

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$0.63MSold May 2026

4/21-27 Markwell Avenue, Surfers Paradise QLD 4217

1 bed· 1 bath· 1 carother

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$0.62MSold May 2026

907/18 Hanlan Street, Surfers Paradise QLD 4217

1 bed· 1 bath· 1 carapartment

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$1.06MSold May 2026

1105/3440 Surfers Paradise Boulevard, Surfers Paradise QLD 4217

2 bed· 2 bath· 1 carapartment

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$0.64MSold May 2026

14/43 Enderley Avenue, Surfers Paradise QLD 4217

1 bed· 1 bath· 1 carapartment

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$0.47MSold May 2026

55/3049 Surfers Paradise Boulevard, Surfers Paradise QLD 4217

1 bed· 1 bath· 0 carunit

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Personal estimate

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About Surfers Paradise

Surfers Paradise is Australia's most iconic beachside destination and the beating heart of the Gold Coast. Famous for its towering skyline, golden beaches, and vibrant nightlife, Surfers is one of the most densely developed suburbs in Australia. The G:link light rail, 2032 Olympics, and sustained interstate migration continue to drive the transformation of this world-famous precinct.

Development Potential

Very high. Surfers Paradise is one of Australia's most active high-rise development precincts. The City Plan supports towers of 40+ storeys in the core area. Amalgamated sites on the Esplanade and Surfers Paradise Boulevard are extremely valuable. Even modest houses on larger blocks attract developer attention for medium-rise projects.

Key Zoning: High Density Residential, Centre Zone, Mixed Use

Growth Drivers

2032 Olympics infrastructure investment
G:link light rail network expansion
Interstate and international migration
Tourism economy driving investment returns
High-rise development corridor

Thinking of Selling?

ACRES provides complimentary property assessments for Surfers Paradise owners. Discover your property's true development site value.

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Living in Surfers Paradise

Infrastructure

G:link light rail stations
Surfers Paradise beach and Esplanade
Cavill Avenue entertainment precinct
Circle on Cavill retail
SkyPoint Observation Deck (Q1)

Transport

G:link light rail
Surfside bus network
Close to Gold Coast Airport
M1 Pacific Motorway access
Future heavy rail extension

Lifestyle

World-class beaches and surf
Cavill Avenue dining and nightlife
International resort lifestyle
Weekend markets
Water sports and coastal activities

Surfers Paradise Location

Surfers Paradise, 4217 · Gold Coast City Council

What's Nearby in Surfers Paradise

Schools, parks, transport, shopping and education within Surfers Paradise and surrounds

Schools

Surfers Paradise State School
St Kevin's Catholic School
Musgrave Hill State School

Parks & Recreation

Paradise Waters Park
Macintosh Island Park
Kurrawa Pratten Park
Broadwater Parklands

Shopping

Cavill Avenue Shopping Precinct
Orchid Avenue
Circle on Cavill
Pacific Fair (adjacent)

Transport

Surfers Paradise Light Rail Station
Cypress Avenue Light Rail
Surfers Paradise North Light Rail

Universities & Colleges

Bond University (nearby)
Griffith University Gold Coast (nearby)

Surfers Paradise Articles

10 expert guides covering development, zoning, and market insights

View all articles

Is Your Surfers Paradise Property a Development Site? Signs to Look For

Surfers Paradise is attracting growing developer interest. Here's how to tell if your property has development potential.

What Developers Are Paying for Land in Surfers Paradise

Current pricing benchmarks for development sites in Surfers Paradise and the factors driving land values.

Surfers Paradise Zoning Guide: What You Can Build on Your Block

A plain-English breakdown of Surfers Paradise's zoning and what it means for your property's development value.

How Infrastructure Is Driving Surfers Paradise Property Values

Key infrastructure and amenity driving development demand and property values in Surfers Paradise.

Selling Your Surfers Paradise Home to a Developer: A Complete Guide

Step-by-step process for selling your Surfers Paradise property as a development site for maximum value.

Surfers Paradise Development Hotspots: Where Developers Want to Buy

The specific streets and pockets within Surfers Paradise attracting the strongest developer demand.

View All 10 Articles

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Surfers Paradise Property Guides

In-depth articles about property, development, and investment in Surfers Paradise

Should I Sell My Surfers Paradise Property to a Developer?

What Is My Surfers Paradise Property Worth to a Developer?

2032 Olympics Impact on Surfers Paradise Property Values

Own Property in Surfers Paradise?

Properties in Surfers Paradise with development potential are selling for 30–100% above standard residential value. Find out if yours qualifies — no cost, no obligation.

32 property owners in Surfers Paradise requested assessments this month

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Median price data sourced from realestate.com.au (April 2025 – March 2026). Figures are indicative and based on recorded sales. Consult a licensed valuer for property-specific advice.