SOLD
RECENT ADVICE
Sold on 10 Jan 2024 for $1,275,000

37 Palm Beach Avenue
Palm Beach QLD 4221

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 405m2
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Property Details for 37 Palm Beach Ave, Palm Beach

37 Palm Beach Ave, Palm Beach is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 405m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Palm Beach in the last 12 months.

Building Type
House
Land Size
405m2
Local Government
Gold Coast City
Lot/Plan
28/RP40083

Last Listing description (January 2024)

Tightly held in the family for close to 29 years, astute investors and developers will realise the incredible opportunity that this property represents. Perched on a 405m² medium density block in the heart of Palm Beach CBD while only 370m to the beach, real estate such as this does not come to market often.

The possibilities are endless for this blue chip land bank with residential & commercial potential (STCA).

- Lowset brick and tile home

- 405m² RD4 block
- 370m to the beach
- Palm Beach Currumbin High School Catchment area
- Moments from the restaurants, cafes, business and shopping of Palm Beach CBD
- Convenient central location
- Multitude of development opportunities subject to council approval
- Council rates approximately $3,721.48 per year

What a great opportunity to own this piece of real estate in Palm Beach, original homes in this outstanding location come to market rarely.

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*Disclaimer*
The above information has been furnished to us by the vendor of each property. We have not verified whether or not that information is accurate and have no belief one way or another in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own enquires in order to determine whether or not this information is in fact accurate

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Property History for 37 Palm Beach Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,275,000
10 Jan 2024
  • 20 Dec 2023
    Sold for $1,275,000
  • 23 Oct 2023
    Listed for Sale Not Disclosed
  • 17 Dec 1994
    Sold for $145,000
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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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Michael Hamilton
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