12 Palmer Ave, Golden Beach is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 607m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Located in a highly sought-after location, just a short stroll to the water's edge of the Pumicestone Passage, this pair of units presents an ideal investment opportunity with outstanding long-term development potential.
Wonderful long-term tenants call these pet friendly residences home, having just signed on for another 12-month lease, the units currently yield an income of $775 per week.
The size of Golden Beach is approximately 2.8 square kilometres. It has 14 parks covering nearly 22.3% of total area. The population of Golden Beach in 2011 was 5,179 people. By 2016 the population was 5,566 showing a population growth of 7.5% in the area during that time. The predominant age group in Golden Beach is 60-69 years. Households in Golden Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Golden Beach work in a trades occupation. In 2011, 58.5% of the homes in Golden Beach were owner-occupied compared with 61.4% in 2016.
Golden Beach has 3,729 properties. Over the last 5 years, Houses in Golden Beach have seen a 72.91% increase in median value, while Units have seen a 84.82% increase. As at 31 October 2024:
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