SOLD
Sold on 16 Apr 2024 for $658,000

4/20 Sarawak Avenue
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 57m2
Land area: 57m2
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McGrath Palm Beach QLD (F)
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Property Details for 4/20 Sarawak Ave, Palm Beach

4/20 Sarawak Ave, Palm Beach is a 2 bedroom, 1 bathroom Unit and was built in 1974. The property has a land size of 57m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Palm Beach in the last 12 months.

Building Type
Unit
Year Built
1974
Floor Size
57m2
Land Size
57m2
Local Government
Gold Coast City
Lot/Plan
4/BUP1186

Last Listing description (May 2024)

At the popular southern end of Palm Beach, this updated apartment is neatly presented and offers a great opportunity for an investor or first homebuyer. The standout location is opposite sports fields and an easy walk or bike ride to the beach, creek and Pines shopping.

- Positioned upstairs at the rear of a small complex of four residences
- Light filled combined living/dining room features timber floorboards

- Good natural light, elevated outlook over park to leafy trees
- Rear balcony provides stairs leading to a shared garden
- Beautifully renovated kitchen with dishwasher
- Well proportioned bedrooms are both appointed with built-ins
- Renovated bathroom, separate internal laundry
- Single parking space, low maintenance grounds, pet-friendly
- Stroll to The Pines Elanora, Currumbin Creek, bustling cafes
- Near M1, 250 metres to Palm Beach Currumbin State High School
- Council Rates: $2,012.82 annum. Water Rates: $1,644.24 per annum. Strata Rates: $38 per week approx
- Rental Appraisal $650pw

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Property History for 4/20 Sarawak Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$658,000
16 Apr 2024
  • 16 Apr 2024
    Sold for $658,000
  • 28 Mar 2024
    Listed for Sale Not Disclosed
  • 16 Feb 2019
    Sold for $390,000
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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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