OFF MARKET

402/2-6 Pandanus Parade
Cabarita Beach NSW 2488

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 154m2
Land area: 3428m2
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Last updated 11 Nov 2024
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Property Details for 402/2-6 Pandanus Pde, Cabarita Beach

402/2-6 Pandanus Pde, Cabarita Beach is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 3428m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in November 2011.

Building Type
Unit
Year Built
2005
Floor Size
154m2
Land Size
3428m2
Local Government
Tweed
Lot/Plan
55/SP77096

Last Listing description (December 2011)

Great unit Ridiculously low Price.
This is the buy of the century. Can I tell you why?
$200,000 less than identical unit that has sold

Grossed over $25,000 just in summer holiday letting.
Massive Nth balcony with sweeping ocean and pool views
Has massive depreciation schedule being less than 4 years old
Rates only $1,300 pa approx
Lowest beachfront body corp
Resort has full gymnasium, 4 pools (1 heated), media room
WELCOME TO THE LIFE THAT DREAMS ARE MADE OF!

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Property History for 402/2-6 Pandanus Pde, Cabarita Beach, NSW 2488

A timeline of how this property has performed in the market
Last Sold
$650,000
24 Nov 2011
  • 24 Nov 2011
    Sold for $650,000
  • 15 Nov 2008
    Listed for Sale $990,000
  • 02 Aug 2008
    Listed for Sale Not Disclosed
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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 180 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 4 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.

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