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Sold on 22 Mar 2024 - Price Unavailable

5/5 Nalla Court
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/5 Nalla Ct, Palm Beach

5/5 Nalla Ct, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Palm Beach in the last 12 months.

Building Type
Unit
Local Government
Gold Coast City
Lot/Plan
5/BUP3458

Last Listing description (March 2024)

Auction Location: LJ Hooker Office - 17/15 Bienvenue Dr, Currumbin Waters QLD 4223

Don't miss this chance to secure an incredible investment opportunity in a great beachside location in a small scheme of just 8 units.

Perfect for first home buyers, singles, small families and investors alike.

Add value, comfort and improved rental returns with a modern renovation, or lease it immediately to one of the long list of tenants seeking accommodation at the fabulous southern end of the Gold Coast.

Enjoy the convenience of living close to the beach, public transport, shops, cafes, restaurants & excellent schools. The area is surrounded by crystal clear waterways alive with marine life, enticing you into an aquatic paradise of healthy activity or peaceful relaxation. Fish, snorkel, swim, paddle, or surf to your heart's content.

This unit is also within the Palm Beach Currumbin High School catchment area, which is highly sought after by families.

- Two good sized bedrooms with robes
- One bathroom with internal laundry
- Separate toilet
- Good size kitchen with ample storage and bench space
- Large sun filled living area leading to a north-facing balcony
- Single lock-up garage
- Small scheme of just 8 units in total on 800sqm level land
- Strata fees: $58pw approx.
- Current rent: $460pw
- Lease status: Periodic

This property must be sold!

Come along to the weekly inspections or contact us for more information.

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 5/5 Nalla Ct, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
22 Mar 2024
Listed for Rent
$320/w
12 May 2016
  • 21 Mar 2024
    Sold for $640,000
  • 17 Feb 2024
    Listed for Sale Sold
  • 28 Apr 2016
    Listed for Rent - Price not available
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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 10,400 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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Contact agent
Leanne Frohmuller
Show contact details
LJ Hooker Southern Gold Coast
Preferred contact:
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.