SOLD
RECENT ADVICE
Sold on 16 Feb 2024 for $1,870,000

1 Hakea Court
Palm Beach QLD 4221

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Land area: 701m2
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Property Details for 1 Hakea Ct, Palm Beach

1 Hakea Ct, Palm Beach is a 5 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 701m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 5 bedroom House sold in Palm Beach in the last 12 months.

Building Type
House
Land Size
701m2
Local Government
Gold Coast City
Lot/Plan
201/RP140958

Last Listing description (February 2024)

Here presents an exceptional chance to acquire a property in North Palm Beach. Situated just one house away from the canal, this spacious family home provides convenient access to the canal front park merely 50 meters away, ideal for fishing, kayaking, or stand-up paddleboarding. Additionally, the Tallebudgera Creek swimming area is a mere 250 meters away, and a bike path leads to the beach and the scenic Burleigh Headland.

Upon entering, envision the myriad possibilities that await. This residence serves as the perfect canvas for adding your personal touch or dreaming bigger to craft a visionary modern masterpiece. Explore the potential to redevelop the land and construct duplexes, contingent on council approvals.

• 2-storey brick and tile property.

• 701m2 block of land on the corner of Hakea Court and Melaleuca Drive.
• Five bedrooms plus study and 3 bathrooms.
• Large living, lounge and dining areas and a large rumpus room downstairs.
• Huge outdoor entertaining area overlooking your massive inground pool.
• Spacious north-east facing, secure backyard. Perfect for the kids and pets to
run around in.
• Development opportunity (STCA) in a prime location - Coastal living at its
finest, ensuring you have everything you need within easy reach, in a family-
friendly environment.
• This home is within the Palm Beach State Primary and Elanora High School
catchment areas as well as other quality schools, so the kids can ride their
bikes to school, or drop-offs and pick-ups will be a breeze.
• Plans are available for a Proposed renovation.
• Side access for the caravan or boat and multiple garden sheds.
• Just 50m to sandy canal with ocean access.
• 450m to Nineteenth Ave sports fields.
• 14 Minutes to Gold Coast Domestic and International Airport.
• Rent Appraisal: $1450 - $1590 pw
• Council Rates: $3,100 pa approx
• Water Rates: $1,625 pa approx. (based on previous occupant usage)

Whether you seek a renovation project, redevelopment opportunity, or a solid investment, this property offers limitless potential. Seize this lucrative opportunity and leave your mark on the thriving property landscape of the Northern Gold Coast. Contact me for additional information today.

Property History for 1 Hakea Ct, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,870,000
16 Feb 2024
  • 15 Feb 2024
    Sold for $1,870,000
  • 22 Jan 2024
    Listed for Sale $1,870,000
  • 05 Apr 2013
    Sold for $560,000
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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 10,399 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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Contact agent
Amanda Cepero
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Blake Wallis
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First National Palm Beach
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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.