OFF MARKET

2/7 Allara Avenue
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 312m2
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Property Details for 2/7 Allara Ave, Palm Beach

2/7 Allara Ave, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a land size of 312m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1984
Floor Size
72m2
Land Size
312m2
Local Government
Gold Coast City
Lot/Plan
2/BUP6598

Last Listing description (September 2021)

Welcome to Kimbell.

Entry level homes are not easy to come by in this booming beachside suburb. Whether you are downsizing, a first home buyer or savvy investor, this private ground floor unit in a complex of only 6 is a must to inspect.

Filled with natural light, this beachside beauty is located just a leisurely 400m stroll to the ocean for your morning surf.

The open plan kitchen, living and dining area is air conditioned and the large windows and sliding door allow the ocean breeze to flow through beautifully.

The generous master bedroom occupies a large built-in robe and ceiling fan while room two has access to the single lock up garage. This room would also make for an excellent home office. The bathroom with shower and vanity conveniently houses the laundry and the toilet is separate.

Palm Beach has seen significant suburb growth with unit prices having a massive 16.7% increase (*Based on 873 recorded Unit sales compared over the last two rolling 12 month periods) *source Pricefinder July 2021.

This is a lifestyle property offering vacant possession to the successful new owner.

Body corporate fees approx. $30 per week
Rates $2036.30 per annum
Water rates approx. $318 per quarter

^Coolangatta airport 10-minute drive
^Southern Cross University 10-minute drive
^Brisbane 1 hour drive
^Byron Bay 50-minute drive

^Denotes approximately.

Contact Claire ODonnell on 0417 365 868 today to arrange your private inspection of this coastal home.

Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

Property History for 2/7 Allara Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$539,999
27 Jul 2021
Listed for Rent
20 Jan 2016
  • 27 Jul 2021
    Sold for $539,999
  • 23 Jul 2021
    Listed for Sale Contact Agent
  • 05 Jan 2016
    Listed for Rent $305 / 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.

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.