OFF MARKET

118 Cypress Terrace
Palm Beach QLD 4221

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 111m2
Land area: 589m2
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Last updated 17 Feb 2025
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Property Details for 118 Cypress Tce, Palm Beach

118 Cypress Tce, Palm Beach is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 589m2 and floor size of 111m2.

Building Type
House
Year Built
1960
Floor Size
111m2
Land Size
589m2
Local Government
Gold Coast City
Lot/Plan
72/RP40083

Last Listing description (October 2022)

This beach cottage, rich with charm and character, is on the market for the first time in 62 years.

Neighboring the nightlife, cafes & shopping of Palm Beach but also only a few minutes' walk to the sand of our world famous beaches homes with position such as this do not come to market often. With the best of Palm Beach on offer at your fingertips this home offers lifestyle that leaves little to be desired.

Perched on a 589m medium density block; 118 Cypress Terrace differs from your usual beach cottage due to its generous block size. If you have been searching for a blue-chip investment or somewhere to build your forever-home then look no further.

- 1960 beach cottage with 3 bedrooms, 1 bathroom and single lockup garage
- 589m block of 9.9m frontage zoned medium density (RD4), height limit 9m
- 3 minute walk to Palm Beach CBD; a multitude of eateries, amenities, retail outlets, businesses and a major supermarket
- 4 minute walk to the sandy beaches
- 12 minute drive to Coolangatta Airport
- Currently tenanted until January 2023 at $600pw
- Council rates approximately $3,222 per year

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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 118 Cypress Tce, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Listed for Rent
$365/w
13 Oct 2009
  • 08 Aug 2022
    Listed for Sale Contact Agent
  • 11 Sep 2009
    Listed for Rent - Price not available
  • 25 Feb 2009
    Listed for Rent - Price not available
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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 10,524 properties. Over the last 5 years, Houses in Palm Beach have seen a 103.15% increase in median value, while Units have seen a 116.99% increase. As at 31 January 2025:

  • The median value for Houses in Palm Beach is $1,818,824 while the median value for Units is $1,056,051.
  • Houses have a median rent of $950 while Units have a median rent of $750.
There are currently 99 properties listed for sale, and 33 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 530 properties were sold in the past 12 months in Palm beach.

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