From the HTW Month in Review for September 2012:
"In Surfers paradise there are plenty of options for
purchasers with $300,000 to spend, including older style
units starting in the low $100,000’s and 1- bedroom,
1- bathroom units in modern highrises ($250,000 to
$320,000). An example is Unit 709 in Wings residential
which is a 7th floor 1- bedroom plus study with 2-
bathrooms in a circa 2004 building that sold on 28 June
2012 for $250,000.
Just south of our tourism mecca, a semi-modern unit
in a three storey walk-up in 2-bedroom, 1-bathroom
configuration in Mermaid Beach/Broadbeach falls under
the $300,000 category. An example is Unit 43 in Diamond
beach South in Mermaid Beach which sold on 2 March
2012 for $300,000 - a 1994 2-bedroom, 2-bathroom
lowrise unit with a floor area of 105 square metres."