OFF MARKET

1/1111 Gold Coast Highway
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 96m2
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Last updated 11 Nov 2024
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Property Details for 1/1111 Gold Coast Hwy, Palm Beach

1/1111 Gold Coast Hwy, Palm Beach is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1983. The property has a land size of 96m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
House
Year Built
1983
Floor Size
92m2
Land Size
96m2
Local Government
Gold Coast City
Lot/Plan
1/BUP5904

Last Listing description (February 2023)

If you can find another 2 bed, 2 bath Beachside unit, that's better value than this, then our advice is BUY IT! If you can't, then have a look at this Palm Beach Pearl where the Beachside position alone is worth its weight in gold! Just a hop and a skip to the golden sands of our award winning, world class beach for a quick ocean dip, a jog in the sand or a refreshing surfEVERY DAY if you want to! It's in a super ground floor location, with shops, surf clubs, trendy cafe's, public transport and schools all on your doorstep. Palm Beach is undoubtedly one of the most sought-after hot spots in the country right now. This low maintenance property is ideal for professionals, investors or downsizers looking for a relaxed, beach lifestyle.

Whether this is your first home or last home then you'll be pleased to know it's now Vacant possession so you can move straight in! If you are looking for an entry level opportunity into the booming Beachside market, then this beachside buy will fit the bill nicely. Live in or let out, the choice is yours, whichever way you look at it's a superb investment.

Two bedrooms - 2 bathrooms (en-suite in master)

Terrific kitchen for the resident chef
Light filled open plan living area
Inground pool just metres away
Rental assessment - $650 per week Approx
Body Corp - $149pw Approx
Rates - $2248 per Annum Approx
Water - $996 Per Annum Approx

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information regarding this property is true and accurate but Ray White Elanora, agents and clients accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers are strongly advised to make their own inquiries to verify all information relating to this property.

Property History for 1/1111 Gold Coast Hwy, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$660,000
21 Dec 2022
Listed for Rent
$350/w
07 Mar 2013
  • 21 Dec 2022
    Sold for $660,000
  • 16 Nov 2022
    Listed for Sale UNDER OFFER!
  • 29 Oct 2014
    Sold for $313,000
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About Palm Beach 4221

The size of Palm Beach is approximately 6.3 square kilometres. It has 12 parks covering nearly 16% of total area. The population of Palm Beach in 2011 was 13,956 people. By 2016 the population was 14,689 showing a population growth of 5.3% in the area during that time. The predominant age group in Palm Beach is 30-39 years. Households in Palm Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation. In 2011, 54.5% of the homes in Palm Beach were owner-occupied compared with 55.2% in 2016.

Palm Beach has 10,401 properties. Over the last 5 years, Houses in Palm Beach have seen a 105.32% increase in median value, while Units have seen a 105.82% increase. As at 31 October 2024:

  • The median value for Houses in Palm Beach is $1,927,621 while the median value for Units is $988,399.
  • Houses have a median rent of $950 while Units have a median rent of $750.
There are currently 72 properties listed for sale, and 37 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 493 properties were sold in the past 12 months in Palm beach.

Suburb Insights for Palm Beach 4221

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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.