OFF MARKET

1/1251 Gold Coast Highway
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 108m2
Land area: 862m2
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Last updated 11 Nov 2024
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Property Details for 1/1251 Gold Coast Hwy, Palm Beach

1/1251 Gold Coast Hwy, Palm Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 862m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
1990
Floor Size
108m2
Land Size
862m2
Local Government
Gold Coast City
Lot/Plan
1/BUP9445

Last Listing description (October 2023)

Calling all renovators, this unit has your name all over it! Located in a low maintenance, blue chip complex situated between the Gold Coast Highway and Jefferson Lane, this spacious apartment is waiting for a make-over. Once you have renovated this blank canvas, your dilemma will be which cafe to visit before setting up at the beach for the morning.

- Spacious floorplan in a fantastic complex
- East facing balcony with ocean glimpses

- Oversized master bedroom with private balcony and ensuite
- Combined main bathroom & laundry
- Single lock up garage
- Body corporate levies ~$62pw
- Complex of 18 with pool
- 120m to the beach via Jefferson Lane access
- Quick access to public transport
- 10 minute walk to Palm Beach CBD

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*Disclaimer*
The above information has been furnished to us by the vendor of each property. We have not verified whether or not that information is accurate and have no belief one way or another in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own enquires in order to determine whether or not this information is in fact accurate.

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Property History for 1/1251 Gold Coast Hwy, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$765,000
07 Sep 2023
  • 14 Sep 2023
    Listed for Sale Contact Agent
  • 07 Sep 2023
    Sold for $765,000
  • 26 May 2011
    Listed for Sale $399,000
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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 10,400 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.

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