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Sold on 11 Apr 2024 - Price Unavailable

5/3 Culgoa Street
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 211m2
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Property Details for 5/3 Culgoa St, Palm Beach

5/3 Culgoa St, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 211m2 and floor size of 91m2. 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
Floor Size
91m2
Land Size
211m2
Local Government
Gold Coast City
Lot/Plan
5/BUP4156

Last Listing description (April 2024)

This first-floor unit is a fabulous opportunity for a savvy buyer.

Apart from the unit being very cool and close to the beach, it has great investment upside.

As one of just five units in the complex, and built on a level 857m2 block, the land component of this unit adds greater value than most other units.
Plus, it's in a wonderfully quiet cul-de-sac in popular North Palm Beach.

- 2 large bedrooms with ceiling fans
- Plantation shutters in the open plan living space
- updated kitchen and bathroom
- Private undercover north facing balcony with views and great breezes
- Single carport parking
- Relaxed Coastal lifestyle.
- Easy walk to the beach or to the Tallebudgera Creek
- Located in a quiet cul-de-sac position
- Zoned RD5 with 29m building height � suitable for high rise redevelopment
- Low body corporate fees
- Rental Appraisal: $650.00/week
- Body Corporate: $50 p/w approx
- Great for small families, first home buyers and investors

Leave the car at home, enjoy the Gold Coast lifestyle.
Simply put, the unit offers an outstanding, low-cost, low-maintenance existence.

Now is the time, secure this great property for an investment or as your own beach pad.
This will sell quickly, so call today before it's too late

Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Property History for 5/3 Culgoa St, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
11 Apr 2024
Listed for Rent
$700/w
15 Apr 2024
  • 15 Apr 2024
    Listed for Rent $700 / week
  • 15 Mar 2024
    Sold for $681,000
  • 05 Feb 2024
    Listed for Sale Sold
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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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Leanne Frohmuller
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Rob Cinelli
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LJ Hooker Southern Gold Coast
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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.