OFF MARKET

1/54 Sarawak Avenue
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 305m2
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Last updated 11 Nov 2024
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Property Details for 1/54 Sarawak Ave, Palm Beach

1/54 Sarawak Ave, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 305m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Year Built
1980
Floor Size
66m2
Land Size
305m2
Local Government
Gold Coast City
Lot/Plan
1/BUP3864

Last Listing description (January 2020)

Located in the highly sought-after Sarawak Avenue in a block of 8 units, this apartment is the ideal choice for an investment opportunity, downsizing or first home buyers as it offers excellent returns and very low outgoings.

Having recently undergone some upgrades such as new toilet, bathroom, fresh paint, new carpets, new lighting and wired smoke alarms, air conditioning and includes a single remote-controlled lock up garage with room for storage or workshop.

Enjoy soaking up the sun and embrace the relaxed Palm Beach lifestyle with only a short stroll to local beaches and park lands, cafes and shopping precincts along with the southern Gold Coast favourite farmers markets only 1 minute away.

This in-demand suburb is buzzing with new restaurants, cafes and community events making it the place to live on the southern Gold Coast.
Opportunities to pick up a well-priced unit in Palm Beach don't come along often, so call me for an inspection today so you dont miss out!!

Generous Living and dining areas
2 good sized bedrooms, master with built in robe
New carpets and paint
Upgraded kitchen, bathroom and toilet
Balcony with sea breezes
Air conditioned
Single remote-controlled lock up garage
Security door entrance
Low body corp and low building maintenance
PBC Catchment zone
1-minute walk to farmers markets
2-minute drive to The Pines shopping centre
3-minute walk to local beaches, estuary and dog parks
9-minute drive to Gold Coast Airport

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Property History for 1/54 Sarawak Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$365,000
23 Nov 2019
  • 23 Nov 2019
    Sold for $365,000
  • 12 Nov 2019
    Listed for Sale Offers Over $360,000
  • 20 Aug 1982
    Sold for $57,500

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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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