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Sold on 24 Nov 2023 - Price Unavailable

2/1 Culgoa Street
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/1 Culgoa St, Palm Beach

2/1 Culgoa St, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Palm Beach in the last 12 months.

Building Type
Unit
Local Government
Gold Coast City
Lot/Plan
2/BUP5014

Last Listing description (November 2023)

Auction on-site November 25th 1:00pm

Are you looking for a new unit to call home but don't want to compromise on living space? Are you looking for a low maintenance, incredibly unique investment to add to the portfolio? Look no further than 2/1 Culgoa Street, Palm Beach.

You will not find another property on the market with an ultra-rare, massive, private outdoor area such as this one. This fantastic beachside unit is a stones throw from the beach, moments to Tallebudgera Creek and all of the fantastic things that North Palm Beach is renowned for.

This low maintenance beachside unit is a must to inspect.

- 92m² private patio area, north east facing with fantastic natural light
- Spacious kitchen with separate laundry
- Generous, master bedroom with built-in wardrobe
- Sleek and bright main bathroom with separate toilet
- Air conditioned living area
- Secure car parking for one car
- Secure lock up storage area
- Fresh carpet and paint throughout, ready to move in
- Body corporate levies approximately $59.45 per week
- Council rates approximately $2,415 per year
- Current rental appraisal $540-$570 per week
- One of nine properties on a 857m² corner site block

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*Disclaimer*
Information provided in respect of the listed property has not been verified and no representation or warranty in respect of its accuracy is made. All interested parties should make and rely upon their own enquires in order to determine whether or not this information is in fact accurate.

Property History for 2/1 Culgoa St, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
24 Nov 2023
  • 24 Nov 2023
    Sold for $696,000
  • 02 Nov 2023
    Listed for Sale Auction
  • 11 Nov 2013
    Sold for $280,000
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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, 494 properties were sold in the past 12 months in Palm beach.

Suburb Insights for Palm Beach 4221

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Contact agent
Michael Hamilton
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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.