OFF MARKET

116 Mallawa Drive
Palm Beach QLD 4221

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 312m2
Land area: 1022m2
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Property Details for 116 Mallawa Dr, Palm Beach

116 Mallawa Dr, Palm Beach is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1974. The property has a land size of 1022m2 and floor size of 312m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
House
Year Built
1974
Floor Size
312m2
Land Size
1022m2
Local Government
Gold Coast City
Lot/Plan
1738/RP136072

Last Listing description (June 2020)

The five-bedroom house occupies an impressive 1022m2 block fronting a private beach and sheltered wide water with ocean access. All previous price expectations have now been removed and the owner is ready to downsize, having tightly held the property for the past three decades. It encompasses a multi-purpose mezzanine level and extensive ground floor footprint defined by soaring ceilings, natural light, expansive water views and seamless integration with multiple outdoor spaces to relax, wine, dine and entertain either waterfront, poolside or rooftop. The floor plan is designed to cater to evolving family needs and comprises a large family room or home theatre, an open-plan living and dining area, contemporary kitchen, bedroom wing, three modern bathrooms, a large pool and hot tub. The property is within a 900m radius of a patrolled surf beach, M1 access, sports clubs, parks, schools, shops and dining options. • 1022m2 block, east to wide water with ocean access • Renovated five-bedroom brick residence • Plenty of scope to add your own design/decorating touches • Large pool, hot tub and multiple alfresco entertaining areas • Mezzanine level for a gym, office, library or play space • Modern kitchen with stone benchtops and walk-in pantry • North-east water and Burleigh Headland views to ensuited master

Property History for 116 Mallawa Dr, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,430,000
20 Jan 2019
  • 20 Jan 2019
    Sold for $1,430,000
  • 09 Aug 2018
    Listed for Sale PRICE BY NEGOTIATION
  • 17 Oct 1988
    Sold for $375,000

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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.