OFF MARKET

2/12 Fifteenth Avenue
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 112m2
Land area: 262m2
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Last updated 11 Nov 2024
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Property Details for 2/12 Fifteenth Ave, Palm Beach

2/12 Fifteenth Ave, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 262m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

Building Type
Unit
Year Built
1982
Floor Size
112m2
Land Size
262m2
Local Government
Gold Coast City
Lot/Plan
2/BUP5426

Last Listing description (May 2020)

A1 LOCATION, VALUE & HIGHLY SOUGHT!
Priced to sell this spacious ground floor apartment is perfectly situated in the burgeoning suburb of Palm Beach. Set in a tightly held small complex of eight units on a large 809m2 block, land bank for future redevelopment and reap the rewards. Enjoy the sought after lifestyle on offer and the convenience of being within easy walking distance to the beach, local transport, trendy cafes, bars & shops.
Interstate seller will consider all reasonable offers but be quick as at this price it won't last long!


Features:
- 150m to beach
- Modern kitchen with stone benchtops & stainless steel Ariston appliances
- Walk to must do cafes, bars restaurants & shops
- North east facing outdoor patio
- Secure screens & doors
- Two generous bedrooms with mirrored robes
- Large bathroom with built-in laundry & separate toilet
- Secure undercover basement car parking
- Rental estimate approx. $390 per week
- Low body corporate $52 Per Week

Key Details:
- Council land rates: Approx $890 per 6 months
- Water rates: approx. Approx $350 per quarter
- Sinking fund balance: $14,434.32

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Property History for 2/12 Fifteenth Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$395,000
09 Apr 2020
Listed for Rent
$390/w
20 Nov 2018
  • 09 Apr 2020
    Sold for $395,000
  • 26 Mar 2020
    Listed for Sale Offers Over $395,000
  • 05 Nov 2018
    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 10,400 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.

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