62 Palm Beach Rd, Palm Beach is a 5 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 1563m2 and floor size of 318m2. While the property is not currently for sale or for rent, it was last sold in March 2013.
This property is the most elevated of only five atop historic Observation Point. The unparalleled position, breathtaking panoramic aspects, entertainment focus and exceptional privacy are only part of what makes this world-class residence truly extraordinary.
Perfect for intimate executive retreats or grand scale gatherings, the home allows you to entertain guests in consummate luxury and exceptional seclusion. Defined by simple modern lines and state of the art construction featuring extensive natural timbers, soaring glass, feature sandstone and solid brick, the homes interiors are distinctively contemporary with a subtle Asian influence. A whole floor split level living space framed in floor to ceiling glass flows to multiple decks surrounding the house and these provide a choice of weather protected entertainment areas. Accommodation comprises several guest rooms, each with their own balcony and wide angle views, plus a luxurious top floor master suite with private office/extra bedroom, his and hers bathrooms, and an outdoor relaxation deck overlooking Pittwater.
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:
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