SOLD
Sold on 10 Sep 2024 for $3,300,000

130 Cypress Terrace
Palm Beach QLD 4221

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Floor area: 249m2
Land area: 506m2
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McGrath Palm Beach
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Property Details for 130 Cypress Tce, Palm Beach

130 Cypress Tce, Palm Beach is a 5 bedroom, 3 bathroom House and was built in 2022. The property has a land size of 506m2 and floor size of 249m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom House sold in Palm Beach in the last 12 months.

Building Type
House
Year Built
2022
Floor Size
249m2
Land Size
506m2
Local Government
Gold Coast City
Lot/Plan
79/RP40083

Last Listing description (November 2024)

This flawless execution of designer inspiration and relaxed comfort delivers a lifestyle masterpiece unparalleled in luxury and inclusions. Offering a spectacular position just 250m to the beach and within walking distance of everything Palm Beach has to offer, this recently completed family sanctuary is the ultimate coastal retreat.

- Enjoy a best-in-class open plan design, seamless indoor and outdoor flow
- Stunning formal lounge adjacent to integrated galley bar with wine fridge

- Ultimate parent's suite with opulent ensuite, walk-in robe, private balcony
- Three additional upper level bedrooms with built-in robes, ducted AC
- Lower level ensuited media room ideal as a guest retreat or fifth bedroom
- Designer kitchen with Miele appliances, dual oven, butler's pantry, island
- Entertain via the covered alfresco patio complete with outdoor kitchen
- Revel in year-round, all-day swims in the heated magnesium swimming pool
- Ducted air conditioning, study nook, double garage, outdoor shower
- Stroll to the beach, Balboa Italian, The Collective, local parks and shops
- Council Rates: $3,739.34 per annum. Water Rates: $1,440.32 per annum.
- Rental Appraisal: $2,100-$2,300 per week

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Property History for 130 Cypress Tce, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$3,300,000
10 Sep 2024
  • 10 Sep 2024
    Sold for $3,300,000
  • 02 Sep 2024
    Listed for Sale $3,300,000
  • 30 Oct 2021
    Listed for Rent $675 / 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 10,510 properties. Over the last 5 years, Houses in Palm Beach have seen a 100.85% increase in median value, while Units have seen a 118.01% increase. As at 30 November 2024:

  • The median value for Houses in Palm Beach is $1,833,657 while the median value for Units is $1,042,342.
  • Houses have a median rent of $950 while Units have a median rent of $750.
There are currently 60 properties listed for sale, and 27 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 522 properties were sold in the past 12 months in Palm beach.

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