Chevron Island.
An intimate island enclave nestled in the Nerang River, Chevron Island delivers village tranquillity just moments from the energy of Surfers Paradise and the Home of the Arts precinct.
Off the Plan Projects in Chevron Island.
Developer, price guide, completion and sales status for every project we currently represent in Chevron Island, ordered by completion.
| Project | Suburb | Developer | Price guide | Completion | Status |
|---|---|---|---|---|---|
| Orama | Chevron Island | Aniko Group | From $1,395,000 | November 2026 | Final Release |
The Chevron Island Property Market.
Surrounded by the tidal waters of the Nerang River and connected by short bridges to Surfers Paradise and the mainland, Chevron Island is one of the Gold Coast most unique urban sanctuaries. The island preserves a charming, low-key community atmosphere defined by leafy streets, riverside parks, and an authentic neighbourhood high street along Thomas Drive. While located only a short stroll from the beach and central entertainment strips, the water barrier ensures a remarkably peaceful, residential ambiance.
The island is currently undergoing an architectural evolution, transitioning from modest mid-century flats to sophisticated boutique residential towers. These new developments take full advantage of the island unique position, orienting panoramic views east toward the Surfers Paradise skyline and west over the river toward the Gold Coast Hinterland. Residences are tailored for owner-occupiers, offering floorplans with separated bedrooms, integrated European appliances, secure basement storage, and rooftop resort amenities.
Life on Chevron Island centres around Thomas Drive, which serves as the social heart of the suburb. Residents enjoy morning coffee at artisan bakeries, casual lunches at sidewalk bistros, and fresh produce from local delicatessens. The completion of the striking HOTA Green Bridge provides a direct pedestrian and cycle link to the Home of the Arts precinct, giving residents instant access to international art exhibitions, outdoor concerts, cinemas, parklands, and Sunday farmers markets.
For property investors and lifestyle buyers, Chevron Island represents an attractive value proposition. Entry prices remain accessible compared to absolute beachfront addresses, while gross rental yields regularly surpass 5.5% due to intense rental demand from professionals working in Surfers Paradise, Southport, and the Bundall commercial district. With limited land available for future amalgamation, the island enjoys permanent scarcity and enduring capital growth fundamentals.
Chevron Island Market Profile
2008 – 2025 Historical Analysis
Houses Median
$1,147,500+14.2% 1yr
Houses 5-Yr Growth+98.2%
Units Median
$845,000+8.5% 1yr
Units 5-Yr Growth+94.3%
Origin:Jun 2008
Latest:Jun 2025
Source: Cotality & ABS
Stratified historical median pricing derived from ABS and Cotality transaction records. General information only, not financial advice.
Chevron Island Market Profile Historical Sales Records
| Quarter | Houses Median Price | Units Median Price |
|---|---|---|
| Jun 2008 | $435,000 | $350,000 |
| Sep 2008 | $430,000 | $350,000 |
| Dec 2008 | $395,000 | $337,000 |
| Mar 2009 | $415,000 | $345,000 |
| Jun 2009 | $435,000 | $340,000 |
| Sep 2009 | $435,000 | $353,000 |
| Dec 2009 | $446,500 | $374,000 |
| Mar 2010 | $449,000 | $372,000 |
| Jun 2010 | $455,000 | $356,000 |
| Sep 2010 | $430,000 | $345,000 |
| Dec 2010 | $430,750 | $364,000 |
| Mar 2011 | $423,000 | $340,000 |
| Jun 2011 | $409,000 | $330,000 |
| Sep 2011 | $400,000 | $315,000 |
| Dec 2011 | $395,000 | $315,000 |
| Mar 2012 | $386,000 | $305,000 |
| Jun 2012 | $387,000 | $315,000 |
| Sep 2012 | $398,000 | $310,000 |
| Dec 2012 | $410,000 | $305,000 |
| Mar 2013 | $409,000 | $305,000 |
| Jun 2013 | $399,000 | $310,000 |
| Sep 2013 | $412,500 | $317,000 |
| Dec 2013 | $425,000 | $318,000 |
| Mar 2014 | $445,000 | $345,000 |
| Jun 2014 | $445,000 | $345,000 |
| Sep 2014 | $447,000 | $340,000 |
| Dec 2014 | $460,000 | $335,000 |
| Mar 2015 | $465,000 | $350,000 |
| Jun 2015 | $463,000 | $344,000 |
| Sep 2015 | $485,000 | $360,000 |
| Dec 2015 | $498,200 | $365,000 |
| Mar 2016 | $500,000 | $370,000 |
| Jun 2016 | $520,000 | $380,000 |
| Sep 2016 | $520,000 | $395,000 |
| Dec 2016 | $540,000 | $385,000 |
| Mar 2017 | $537,500 | $398,000 |
| Jun 2017 | $550,000 | $415,000 |
| Sep 2017 | $550,000 | $410,000 |
| Dec 2017 | $551,000 | $415,000 |
| Mar 2018 | $563,000 | $420,000 |
| Jun 2018 | $565,000 | $412,000 |
| Sep 2018 | $570,000 | $405,000 |
| Dec 2018 | $561,000 | $422,000 |
| Mar 2019 | $552,000 | $410,000 |
| Jun 2019 | $550,000 | $410,000 |
| Sep 2019 | $555,000 | $425,000 |
| Dec 2019 | $572,000 | $415,000 |
| Mar 2020 | $579,000 | $435,000 |
| Jun 2020 | $579,000 | $435,000 |
| Sep 2020 | $595,000 | $445,000 |
| Dec 2020 | $624,500 | $455,000 |
| Mar 2021 | $682,000 | $490,000 |
| Jun 2021 | $725,000 | $519,000 |
| Sep 2021 | $766,000 | $550,000 |
| Dec 2021 | $840,000 | $588,000 |
| Mar 2022 | $900,000 | $633,110 |
| Jun 2022 | $901,000 | $660,000 |
| Sep 2022 | $891,000 | $650,000 |
| Dec 2022 | $880,000 | $650,000 |
| Mar 2023 | $865,000 | $665,000 |
| Jun 2023 | $900,000 | $689,000 |
| Sep 2023 | $915,000 | $715,000 |
| Dec 2023 | $920,000 | $720,000 |
| Mar 2024 | $950,000 | $750,000 |
| Jun 2024 | $1,005,000 | $779,000 |
| Sep 2024 | $1,000,000 | $780,000 |
| Dec 2024 | $1,040,000 | $793,000 |
| Mar 2025 | $1,075,000 | $822,000 |
| Jun 2025 | $1,147,500 | $845,000 |
Market Intelligence & Buyer Guidelines
Frequently Asked Questions about Chevron Island.
Key insights on median pricing, council planning restrictions, gross yields, and off-the-plan acquisitions across the Chevron Island property market.
New off-the-plan two-bedroom residences on Chevron Island typically start from $750,000 to $920,000, while three-bedroom residences range from $1,250,000 to $2,100,000 depending on elevation and skyline or river views.