OFF MARKET

1 Palm Avenue
Cabarita Beach NSW 2488

Bedrooms: 5
Bathrooms: 3
Car spaces: 1
Floor area: 238m2
Land area: 670m2
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Property Details for 1 Palm Ave, Cabarita Beach

1 Palm Ave, Cabarita Beach is a 5 bedroom, 3 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 670m2 and floor size of 238m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
House
Year Built
1985
Floor Size
238m2
Land Size
670m2
Local Government
Tweed
Lot/Plan
5/4/DP31209

Last Listing description (July 2020)

"ONE PALM" - The exclusive address speaks for itself; is this your new beach house?

Steps to what's recently been touted as the 'best beach in Australia'. In our opinion, this small seaside town presents one of the most unique boutique real estate markets in Australia! It offers a true Australian beach lifestyle and is a safe place to park your money for future growth.


A typical day may include a coffee from the cafe across the road, a few hours of sun at the beach, and possibly a treatment at Halcyon Spa - literally located behind the house ;). Cabarita's cafe, restaurant and unique experience offering is continuously growing and there are some exciting plans for the St Barths building across the road including a new pottery studio and women's clinic.

Behind the pandanus trees you'll find a spacious wrap around courtyard with open grassy areas for the kids and sufficient off street parking. Constructed with solid concrete foundations, combined with a sprawling floor plan and multiple living areas to accommodate extended family and friends. White concrete floors, encaustic tiles, exposed rafters and plantation shutters create that beach-chic feel, but there is still opportunity to add your own flair throughout.

Downstairs, a large rumpus room is adjoined by two spacious bedrooms and a bathroom/laundry. This could easily be converted into a self contained guest unit/teenagers retreat. Upstairs is a stunning, light filled living area with ocean glimpses towards Cabarita Headland. The kitchen adjoins a secondary living room and there are three bedrooms and two bathrooms including the master en-suite.

The property is currently well tenanted and inspection times are limited.

In light of the unfolding COVID-19 guidelines, LS Properties will continue to work with buyers to arrange private virtual inspections.

Currently, private viewings for qualified buyers can also be arranged. To discuss these options and our qualification requirements, please call Brent Savage on 0477 122 559 or Lorna Savage on 0408 337 122.


The details:
670m2 RU2 Zoned Block (within 50m of commercial zone)
Built in 1985
5 bed, 3 bath + 3 living spaces
Single carport + garden shed
Concrete floors, sisal carpets, encaustic entrance tiles and timber flooring

The location:
- 25 - 50m to Beach/shops
- 10km to new Tweed Hospital (under construction)
- 30 Minute drive to Byron Bay
- 20 Minute drive to Gold Coast Airport

Property History for 1 Palm Ave, Cabarita Beach, NSW 2488

A timeline of how this property has performed in the market
Last Sold
$1,050,000
02 Apr 2015
Listed for Rent
$1.00k/w
02 Jul 2018
  • 17 Mar 2020
    Listed for Sale Price on application
  • 10 May 2018
    Listed for Rent - Price not available
  • 20 Apr 2015
    Listed for Sale UNDER CONTRACT
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About Cabarita Beach 2488

The size of Cabarita Beach is approximately 1.5 square kilometres. It has 2 parks covering nearly 2% of total area. The population of Cabarita Beach in 2011 was 3,099 people. By 2016 the population was 104 showing a population decline of 96.6% in the area during that time. The predominant age group in Cabarita Beach is 10-19 years. Households in Cabarita Beach are primarily single parents and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cabarita Beach work in a trades occupation. In 2011, 58.6% of the homes in Cabarita Beach were owner-occupied compared with 25% in 2016..

Cabarita Beach has 181 properties. Over the last 5 years, Houses in Cabarita Beach have seen a 96.41% increase in median value, while Units have seen a 69.28% increase. As at 31 October 2024:

  • The median value for Houses in Cabarita Beach is $1,500,203 while the median value for Units is $892,002.
  • Houses have a median rent of $1,600 while Units have a median rent of $400.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Cabarita beach on OnTheHouse. According to CoreLogic's data, 7 properties were sold in the past 12 months in Cabarita beach.

Suburb Insights for Cabarita Beach 2488

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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.