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Sold on 08 Oct 2024 for $1,590,000

501/3 Palm Avenue
Breakfast Point NSW 2137

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 501/3 Palm Ave, Breakfast Point

501/3 Palm Ave, Breakfast Point is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Breakfast Point in the last 12 months.

Building Type
Apartment
Local Government
Canada Bay
Lot/Plan
49/SP86282

Last Listing description (October 2024)

Discover this beautifully appointed, light-filled, and uniquely spacious 2-bedroom plus study apartment, perched on the top floor of the prestigious Scarborough building. With direct access to a resort-style pool and overlooking the meticulously manicured gardens of Silkstone Park, this pet-friendly executive oasis exemplifies the high standards and exclusive tone of the resort lifestyle at Breakfast Point.

Two generously sized bedrooms, including a main bedroom with an en-suite and walk-in robe.
A well-lit study with a window, offering the potential to be converted into a third bedroom.

A gourmet kitchen featuring a 40mm stone bench and stainless-steel appliances.
Secure undercover parking space with a large storage cage and lift access.
Air-conditioning and pet-friendly environment.
A short walk to village shops, cafes, IGA, the Country Club, waterfront precinct, Cabarita ferry wharf, and bus stop.
Enjoy full access to the prestigious Breakfast Point Country Club.

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Property History for 501/3 Palm Ave, Breakfast Point, NSW 2137

A timeline of how this property has performed in the market
Last Sold
$1,590,000
08 Oct 2024
Listed for Rent
$750/w
29 Aug 2019
  • 08 Oct 2024
    Sold for $1,590,000
  • 05 Aug 2024
    Listed for Sale Sold by BPR
  • 03 Sep 2021
    Sold for $1,330,000
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About Breakfast Point 2137

The size of Breakfast Point is approximately 0.5 square kilometres. It has 5 parks covering nearly 21.7% of total area. The population of Breakfast Point in 2011 was 2,743 people. By 2016 the population was 4,202 showing a population growth of 53.2% in the area during that time. The predominant age group in Breakfast Point is 30-39 years. Households in Breakfast Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Breakfast Point work in a professional occupation. In 2011, 69.7% of the homes in Breakfast Point were owner-occupied compared with 64.7% in 2016.

Breakfast Point has 2,581 properties. Over the last 5 years, Houses in Breakfast Point have seen a 41.92% increase in median value, while Units have seen a 17.68% increase. As at 30 September 2024:

  • The median value for Houses in Breakfast Point is $3,357,451 while the median value for Units is $1,305,813.
  • Houses have a median rent of $950 while Units have a median rent of $820.
There are currently 23 properties listed for sale, and 15 properties listed for rent in Breakfast point on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Breakfast point.

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