SOLD
Sold on 07 Dec 2023 for $1,190,000

109 Palm Beach Avenue
Palm Beach QLD 4221

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 110m2
Land area: 603m2
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McGrath Palm Beach QLD (F)
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Property Details for 109 Palm Beach Ave, Palm Beach

109 Palm Beach Ave, Palm Beach is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1980. The property has a land size of 603m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Palm Beach in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
110m2
Land Size
603m2
Local Government
Gold Coast City
Lot/Plan
551/RP163990

Last Listing description (January 2024)

A rare opportunity exists to acquire a generous 603m2 block just a 3 minute cycle to the magnificent shoreline of Palm Beach. This level block is a prime opportunity for investors, developers or home builders looking to create a brand new haven all within easy walking distance to some of the coast's finest restaurants, beach and cafes. This unique proposition comprises superbly polished concrete floors throughout along with spacious bright and airy rooms.

- Well equipped, modern kitchen with central Island
- Three good size bedrooms and a beautifully fitted laundry

- Polished concrete floors, bathroom with bath, shower and vanity
- Plenty of off-street parking, garden with water tanks and shed
- Great location for home style business (STCA) with easy access to M1
- Easy level walk to the beach, Palm Beach SLSC, shops & cafes
- Council Rates: $3,845.1 per annum. Waters Rates: $1,401.6 per annum.
- Rental Appraisal: $800 per week

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Property History for 109 Palm Beach Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,190,000
07 Dec 2023
Listed for Rent
$720/w
16 Apr 2021
  • 07 Dec 2023
    Sold for $1,190,000
  • 15 Nov 2023
    Listed for Sale Not Disclosed
  • 06 Apr 2021
    Listed for Rent $720 / week
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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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