OFF MARKET

247 Jefferson Lane
Palm Beach QLD 4221

Bedrooms: 4
Bathrooms: 4
Car spaces: 2
Floor area: 219m2
Land area: 413m2
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Property Details for 247 Jefferson Lane, Palm Beach

247 Jefferson Lane, Palm Beach is a 4 bedroom, 4 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 413m2 and floor size of 219m2. While the property is not currently for sale or for rent, it was last sold in December 2008.

Building Type
House
Year Built
1990
Floor Size
219m2
Land Size
413m2
Local Government
Gold Coast City
Lot/Plan
15/RP41328

Last Listing description (December 2008)

''ABSOLUTE OCEANFRONT ~ AT YESTERYEAR'S PRICES...'nAbsolute Ocean Front Homes are a fantastic investment. There are only about 250 such sites on the entire Queensland Gold Coast. Here is one that you can Buy Today at Yesteryear's Price!!
The sheer joy of having a tranquil ocean view forever and being able to hear the soothing sound of the waves and feel the cool ocean breezes is something almost beyond price. The position guarantees future growth well beyond usual levels of normal property price increases. It is at times such as these that astute Buyers position themselves for the future!
There are a number of options that can apply to this property. You could move into the 16 year old compact house with two living areas, 3 bedrooms, study, 3 bathrooms and double garage; you could extend it out the back and up a floor; or demolish it and build a dream home of your choice.

As the home is located just south of Fifteenth Avenue in Palm Beach's ''Millionaire's Row'', capital appreciation will be outstanding. The growth between 1997 and 2007 was 525% (source Rp Data). This far exceeds the average growth rate, and this trend is likely to continue as there can be no more Ocean Frontage homes created, so the supply will continue to be restricted. In a world of uncertainty, this is truly a ''Blue-Chip'' Investment in your future!
To ensure that the home is sold soon, it is on the market at $3,150,000 negotiable, which is below prices obtained in past years! All written offers will be submitted, so don't delay in ringing to make a time to fly in and have a look!
Contact Exclusive Marketing Agent:
Alan G. Hider on 07 55 599 630 or 0419 986 362

Property History for 247 Jefferson Lane, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$2,625,000
10 Dec 2008
  • 10 Dec 2008
    Sold for $2,625,000
  • 31 May 2008
    Listed for Sale 3150000

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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 10,407 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 33 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 498 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.