SOLD
Sold on 12 Mar 2024 for $1,400,000

49 Coolibah Drive
Palm Beach QLD 4221

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 130m2
Land area: 616m2
Sold By
McGrath Palm Beach QLD (F)
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Property Details for 49 Coolibah Dr, Palm Beach

49 Coolibah Dr, Palm Beach is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 616m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Palm Beach in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
130m2
Land Size
616m2
Local Government
Gold Coast City
Lot/Plan
1397/RP138953

Last Listing description (February 2020)

In an excellent location in a quiet sought after pocket of Palm Beach, this fairly original home is situated on a prime 616sqm block with an 18 metre street frontage.

The home has a spacious tiled living area with a light and bright north easterly aspect towards the fully fenced yard.


* 3 generous bedrooms;
* Functional kitchen and bathrooms;
* Single lock up garage;
* Excellent potential to renovate or improve;

The home is close to the beach, Mallawa Drive sporting fields, quality local schools and shopping centres.

Property History for 49 Coolibah Dr, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,400,000
12 Mar 2024
Listed for Rent
$515/w
08 Jun 2016
  • 12 Mar 2024
    Sold for $1,400,000
  • 03 Dec 2019
    Sold for $640,000
  • 26 Nov 2019
    Listed for Sale $669,000
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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 10,399 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.

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.