OFF MARKET

2/5 Rolan Court
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 74m2
Land area: 554m2
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Last updated 11 Nov 2024
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Property Details for 2/5 Rolan Ct, Palm Beach

2/5 Rolan Ct, Palm Beach is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1988. The property has a land size of 554m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
Unit
Year Built
1988
Floor Size
74m2
Land Size
554m2
Local Government
Gold Coast City
Lot/Plan
2/BUP8656

Last Listing description (June 2018)

Excellent 2 bedroom ground floor unit only 300m to the beach & public transport, a short stroll to the Palm Beach CBD which incorporates Coles supermarket, restaurants, coffee lounges & speciality shops.

This units consists of 2 good sized bedrooms ,fully renovated main bathroom & kitchen with tiled living room leading out to a North East facing balcony. Air conditioning in living area & overhead fans in bedrooms.


2 Car covered spaces with garden shed.. Low Body Corp Fees.

This property is currently tenanted on a month to month basis for $310pw.

Great investment property as this excellent tenant who treats the unit as his own would stay on however for an owner occupier just move in the work has been done.

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Property History for 2/5 Rolan Ct, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$315,000
25 Feb 2016
Listed for Rent
$450/w
28 Jan 2016
  • 25 Feb 2016
    Sold for $315,000
  • 18 Feb 2016
    Listed for Sale Interest Over $315,000
  • 28 Jan 2016
    Listed for Rent $450 / 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 10,400 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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