SOLD
RECENT ADVICE
Sold on 20 Sep 2024 for $1,845,000

20 Morotai Avenue
Palm Beach QLD 4221

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 146m2
Land area: 506m2
Sold By
McGrath Palm Beach
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Property Details for 20 Morotai Ave, Palm Beach

20 Morotai Ave, Palm Beach is a 4 bedroom, 2 bathroom House and was built in 1975. The property has a land size of 506m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Palm Beach in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
146m2
Land Size
506m2
Local Government
Gold Coast City
Lot/Plan
191/RP86966

Last Listing description (November 2024)

Beautifully reimagined with a family in mind, this thoughtfully enhanced property combines privacy and tranquility with seamless indoor-outdoor entertaining and living spaces. Enjoying a coveted position just moments from the sands of Palm Beach and resting within the PBC School catchment, this property offers an idyllic forever home for the astute buyer.

- Serene open plan living and dining spaces flow effortlessly outdoors
- Four generous peaceful bedrooms with mirrored built-in robes, ceiling fans

- Private, serene master suite with luxe shower ensuite and walk-in robe
- Spectacular chef's kitchen with gas cooktop, quality stainless appliances
- Stunning fully-fenced rear yard with low maintenance tropical landscaping
- Incredible alfresco entertaining deck, seamless extended living space
- Impeccably appointed throughout with full bare frame renovation in 2016
- Polished timber floors, air conditioning, internal laundry with courtyard
- Stroll to world class restaurants and cafes, The Collective, Balboa Italian
- Minutes from the sands of Palm Beach, parks, farmer's markets, dog beach
- Council Rates: $3,207.22 per annum. Water Rates:$1,872.00 per annum.
- Rental Appraisal: $1,100-$1,200 per week

Property History for 20 Morotai Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,845,000
20 Sep 2024
Listed for Rent
$395/w
22 Nov 2013
  • 20 Sep 2024
    Sold for $1,845,000
  • 27 Aug 2024
    Listed for Sale $1,845,000
  • 02 Jul 2016
    Sold for $679,000
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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 10,404 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 73 properties listed for sale, and 36 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 502 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.