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Sold on 16 Sep 2024 for $3,230,000

5/1 Nineteenth Avenue
Palm Beach QLD 4221

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 206m2
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Property Details for 5/1 Nineteenth Ave, Palm Beach

5/1 Nineteenth Ave, Palm Beach is a 3 bedroom, 3 bathroom Apartment with 2 parking spaces. The property has a floor size of 206m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Apartment sold in Palm Beach in the last 12 months.

Building Type
Apartment
Floor Size
206m2
Local Government
Gold Coast City
Lot/Plan
203/SP323103

Last Listing description (September 2024)

Immerse yourself in breathtaking ocean views framed by palm trees from this exclusive beachfront apartment in the prestigious 'Cabana' building.

With an unparalleled location just steps from the sand and surf, and overlooking Palm Beach's stunning artificial reef, you can enjoy endless days surfing, swimming, or taking leisurely strolls along the beach.

A private elevator, shared with only one other residence, leads to your coastal sanctuary where bright, airy living spaces are enhanced by engineered oak floors, brushed gold accents, and natural stone details, complemented by the cozy warmth of a fireplace.

The sheltered balcony extends your living space, offering the perfect setting for entertaining family and friends while enjoying panoramic ocean views that stretch south to the sparkling skyline of Coolangatta.

The oceanfront master suite is thoughtfully designed to maximize uninterrupted ocean vistas, even from its luxurious ensuite, where a freestanding stone bath invites you to unwind in style.

Two additional bedrooms, located at the opposite end of the apartment, provide privacy for family or guests and are complemented by a media room, ideal for movie or game nights.

'Cabana' is perfectly positioned to enjoy the best of Palm Beach's vibrant lifestyle, with popular cafes and restaurants just a short walk away.

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Property History for 5/1 Nineteenth Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$3,230,000
16 Sep 2024
Listed for Rent
$3.00k/w
15 Jun 2023
  • 14 Sep 2024
    Sold for $3,230,000
  • 30 Mar 2023
    Listed for Rent $3,000 / week
  • 13 Jun 2022
    Sold for $1,990,000

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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.

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