OFF MARKET

5/1370 Gold Coast Highway
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 324m2
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Property Details for 5/1370 Gold Coast Hwy, Palm Beach

5/1370 Gold Coast Hwy, Palm Beach is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 324m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1975
Floor Size
74m2
Land Size
324m2
Local Government
Gold Coast City
Lot/Plan
5/BUP2118

Last Listing description (June 2022)

Located on the first floor of a well-kept complex and only footsteps to pristine Palm beach, this original two bedroom apartment offers the perfect entry point into the thriving local property market and boasts a blank canvas to create the perfect coastal abode.

Well maintained complex just footsteps to beautiful Palm Beach
Create your dream beachside apartment

Open plan living, dining and kitchen immersed in natural light
Sunny north facing balcony great for entertaining, ocean glimpses
Two large bedrooms feature built-in robes, rear flows to balcony
Off-street parking space in secure lock-up basement area
Ideal entry point for first home buyers
Body corporate fees $31.94 per week
Rates $1,705 per year approx.
Exceptional investment opportunity with high growth potential
Easy access to transport, Tallebudgera Creek and Burleigh Heads
Walk to the beach, bustling cafes and renowned restaurants

Property History for 5/1370 Gold Coast Hwy, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$645,000
06 Mar 2022
Listed for Rent
$270/w
21 Oct 2015
  • 11 May 2022
    Listed for Sale Under Contract
  • 06 Mar 2022
    Sold for $645,000
  • 25 Mar 2020
    Sold for $315,000
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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.