OFF MARKET

11 Ocean Road
Palm Beach NSW 2108

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 125m2
Land area: 681m2
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Property Details for 11 Ocean Rd, Palm Beach

11 Ocean Rd, Palm Beach is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 681m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
House
Year Built
1980
Floor Size
125m2
Land Size
681m2
Local Government
Northern Beaches
Lot/Plan
24/DP11552

Last Listing description (January 2019)

WILL BE SOLD
Absolute beachfront on the most desirable address in Palm Beach, this home basks in a spectacular panorama from Barrenjoey Lighthouse to kiddies corner. The position cannot be overstated - front and centre at the exclusive south end of the beach, it's one of the few remaining residences that's not yet been recently renovated or rebuilt; defined by its connection to the beachfront and the surrounding landscape, the home presents a rare opportunity in a once-in-a-lifetime setting.
+ Steel frame construction; designed to frame iconic Palm Beach views

+ Requires renovation; offered for the first time since construction in 1982
+ Timber-clad interiors, high vaulted ceilings, open living and dining spaces
+ Superb investment; make renovations for full-time holiday rental
+ Outstanding opportunity to create a world-class holiday retreat (STCA)

Property History for 11 Ocean Rd, Palm Beach, NSW 2108

A timeline of how this property has performed in the market
Last Sold
$4,050,000
20 Dec 2018
  • 20 Dec 2018
    Sold for $4,050,000
  • 22 Nov 2018
    Listed for Sale Contact Agent
  • 08 Apr 2011
    Listed for Sale Not Disclosed

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About Palm Beach 2108

The size of Palm Beach is approximately 2.7 square kilometres. It has 21 parks covering nearly 41.8% of total area. The population of Palm Beach in 2011 was 1,596 people. By 2016 the population was 1,620 showing a population growth of 1.5% in the area during that time. The predominant age group in Palm Beach is 60-69 years. Households in Palm Beach are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation. In 2011, 70.5% of the homes in Palm Beach were owner-occupied compared with 75.2% in 2016.

Palm Beach has 1,438 properties. Over the last 5 years, Houses in Palm Beach have seen a 24.18% increase in median value, while Units have seen a 107.02% increase. As at 31 October 2024:

  • The median value for Houses in Palm Beach is $3,525,534 while the median value for Units is $1,962,978.
  • Houses have a median rent of $1,500 while Units have a median rent of $700.
There are currently 31 properties listed for sale, and 8 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Palm beach.

Suburb Insights for Palm Beach 2108

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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.