SOLD
RECENT ADVICE
Sold on 01 Mar 2024 for $1,396,000

40 Twenty Fifth Avenue
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 405m2
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Property Details for 40 Twenty Fifth Ave, Palm Beach

40 Twenty Fifth Ave, Palm Beach is a 2 bedroom, 1 bathroom House with 2 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 March 2024. There are other 2 bedroom House sold in Palm Beach in the last 12 months.

Building Type
House
Land Size
405m2
Local Government
Gold Coast City
Lot/Plan
224/RP44085

Last Listing description (March 2024)

*THIS AUCTION WILL BE HELD ON-SITE THIS FRIDAY 1ST MARCH 2024 AT 2:00PM, TO ENSURE SUCCESSFUL REGISTRATION PLEASE ADVISE NIC OF INTEREST PRIOR*

Introducing a rare opportunity to purchase a slice of paradise in one of Gold Coasts most highly desirable locations. This 405m2 block is located in the highly sought after Northern pocket of Palm Beach. A short 400m away to one of Gold Coasts most pristine beaches. This block of land has endless potential to build your dream home or perfect to land bank/develop. Popular cafes, bars, world-class restaurants and supermarkets will all be at your fingertips!

Features:

-2 bedroom original beach shack
- First time ever on the market
- Will be sold at auction on-site on the 1st of March at 2pm
- Council Rates approx. $2,900 per year and Water Rates approx. $1,500 per year
- Rental appraisal approx. $700-$750 per week.
- Medium density zoning with approx 10m frontage

Disclaimer: We have in preparing this information 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. Prospective purchasers should make their own enquiries to verify the information contained herein.

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 40 Twenty Fifth Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,396,000
01 Mar 2024
Listed for Rent
$1.00k/w
10 Jul 2024
  • 10 Jul 2024
    Listed for Rent $1,000 / week
  • 01 Mar 2024
    Sold for $1,396,000
  • 05 Feb 2024
    Listed for Sale Auction

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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 10,434 properties. Over the last 5 years, Houses in Palm Beach have seen a 93.66% increase in median value, while Units have seen a 101.55% increase. As at 31 July 2024:

  • The median value for Houses in Palm Beach is $1,769,482 while the median value for Units is $945,461.
  • Houses have a median rent of $995 while Units have a median rent of $750.
There are currently 58 properties listed for sale, and 49 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 519 properties were sold in the past 12 months in Palm beach.

Suburb Insights for Palm Beach 4221

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Nic Mckewin
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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.