SOLD
Sold on 17 May 2024 for $656,000

20/14 Mawarra Street
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 927m2
Sold By
One Agency Hewson West Gold Coast
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Property Details for 20/14 Mawarra St, Palm Beach

20/14 Mawarra St, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 927m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Palm Beach in the last 12 months.

Building Type
Unit
Year Built
1985
Floor Size
75m2
Land Size
927m2
Local Government
Gold Coast City
Lot/Plan
20/BUP9980

Last Listing description (June 2024)

This completely original Palm Beach apartment is a blank canvas and offers a great buying opportunity for first home buyers or investors alike. Just 275 metres from the surf, this property is a wise long term investment or a fantastic first home with scope to renovate and reap the rewards.
Positioned on the top floor of a three storey walk up, enjoy cool summer breezes and the opportunity to add capital value to this property.

Situated at the northern end of Palm Beach and just a short stroll to the beach, cafes, restaurants, surf clubs, transport and Tallebudgera creek, move quickly to secure this property.

Comprising
- 2 bedrooms, one bathroom
- Open plan living
- Outside balcony area
- Endless potential to renovate
- Mid size block of 22 apartments
- Secure undercover car spot
- Currently leased at $550 per week till 6/8/2024
- Body Corp $54 per week (approx.)
- Council rates $1207 per six months
- Water $381 per quarter

Please note the internal photos have been digitally altered to remove furnishings.
Contact the agent for more details and genuine offers will be considered.

Disclaimer: We have used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur.

Property History for 20/14 Mawarra St, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$656,000
17 May 2024
  • 17 May 2024
    Sold for $656,000
  • 11 Apr 2024
    Listed for Sale Offers over $670,000
  • 05 Mar 2015
    Sold for $255,000
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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.

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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.