SOLD
RECENT ADVICE
Sold on 26 Jul 2024 for $1,395,000

12 Sarawak Avenue
Palm Beach QLD 4221

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 521m2
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Property Details for 12 Sarawak Ave, Palm Beach

12 Sarawak Ave, Palm Beach is a 4 bedroom, 2 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 521m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom DuplexSemi-detached sold in Palm Beach in the last 12 months.

Building Type
DuplexSemi-detached
Land Size
521m2
Local Government
Gold Coast City
Lot/Plan
562/RP89779

Last Listing description (July 2024)

Attention all investors, this is a great opportunity to secure a duplex pair on 1 title. Currently rented at $1,080 per week for both, with rent due to be increased in 2 months.
Council rates are $2,486 per 6 months, water and electricity are both separately metered.

This duplex pair is in a great position, located in the Palm Beach/Currumbin School catchment zone. Approximately 295 metres to the Pines Shopping Centre and approx 875 meters to the beach.

This property sits on a 521m² block opposite Salk Oval Parklands with sports fields, a dog off leash exercise area, barbecues, picnic facilities, a children's playground and a skating facility.

Duplex 1/ on rent renewal will be approximately $650 to $700 p.w
- 2 bedrooms
- 1 Bathroom/separate toilet
- Combined lounge/kitchen dining
- Plenty of yard for kids and pets front and back
- Single carport
- Currently rented at $580 p.w

Duplex 2/ on rent renewal will be approximately $600 to $630 p.w
- 2 Bedrooms
- 1 Bathroom/separate toilet
- Combined lounge/kitchen dining
- Plenty of yard for kids and pets front and back
- Single carport
- Currently rented at $500 p.w

Walk to the Pines Shopping Centre, schools, public transport and the beach which offers pirate park and dune café. Approximately 10 minutes to Coolangatta Airport and John Flynn Hospital. Inspections are by appointment only, please call 0417 655 499 to arrange an inspection.

*Disclaimer*
The above information has been furnished to us by the vendor of each property. We have not verified whether or not that information is accurate and have no belief one way or another in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own enquires in order to determine whether or not this information is in fact accurate.

Property History for 12 Sarawak Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,395,000
26 Jul 2024
Listed for Rent
$270/w
23 Apr 2009
  • 12 Jul 2024
    Sold for $1,395,000
  • 06 Jul 2024
    Listed for Sale $1,395,000
  • 17 Mar 2009
    Listed for Rent - Price not available
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About Palm Beach 4221

The size of Palm Beach is approximately 6.3 square kilometres. It has 12 parks covering nearly 16% of total area. The population of Palm Beach in 2011 was 13,956 people. By 2016 the population was 14,689 showing a population growth of 5.3% in the area during that time. The predominant age group in Palm Beach is 30-39 years. Households in Palm Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation. In 2011, 54.5% of the homes in Palm Beach were owner-occupied compared with 55.2% in 2016.

Palm Beach has 10,434 properties. Over the last 5 years, Houses in Palm Beach have seen a 93.66% increase in median value, while Units have seen a 101.55% increase. As at 31 July 2024:

  • The median value for Houses in Palm Beach is $1,769,482 while the median value for Units is $945,461.
  • Houses have a median rent of $995 while Units have a median rent of $750.
There are currently 58 properties listed for sale, and 49 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 519 properties were sold in the past 12 months in Palm beach.

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Jason Taylor
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First National Palm Beach
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.