SOLD
Sold on 28 May 2024 for $960,000

2/1040 Gold Coast Highway
Palm Beach QLD 4221

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 224m2
Land area: 189m2
Sold By
McGrath - Palm Beach QLD
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Property Details for 2/1040 Gold Coast Hwy, Palm Beach

2/1040 Gold Coast Hwy, Palm Beach is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 189m2 and floor size of 224m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Palm Beach in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
224m2
Land Size
189m2
Local Government
Gold Coast City
Lot/Plan
2/SP146804

Last Listing description (April 2014)

UNIT FOR A LIFETIME
This is a unique offering, and it's near beach location doesn't get much better than this. Great opportunity to purchase in a boutique building of only 18, this super spacious ground floor three bedroom 105m2 unit also features a huge 72m2 north facing balcony, secure tandem basement parking & pool surrounded by lovely gardens and tropical Palms.This bright and breezy open plan living north facing unit comes with built in robes in all bedrooms and ensuite to the main. Walking distance to the beach , clubs, shops, , schools and Currumbin Estuary & public transport at your door. Make the move today and create a your chance to live the casual Gold Coast lifestyle.

Property History for 2/1040 Gold Coast Hwy, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$960,000
28 May 2024
  • 28 May 2024
    Sold for $960,000
  • 28 Apr 2014
    Listed for Sale $489,000
  • 24 Apr 2014
    Sold for $489,000
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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 10,400 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.

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.