SOLD
Sold on 08 Feb 2024 for $735,000

5/7 Nyrang Avenue
Palm Beach QLD 4221

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 87m2
Land area: 302m2
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Property Details for 5/7 Nyrang Ave, Palm Beach

5/7 Nyrang Ave, Palm Beach is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1974. The property has a land size of 302m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Palm Beach in the last 12 months.

Building Type
Unit
Year Built
1974
Floor Size
87m2
Land Size
302m2
Local Government
Gold Coast City
Lot/Plan
5/BUP1561

Last Listing description (March 2024)

Perfectly positioned at the northern end of Palm Beach, this updated 3-bedroom unit is located an easy walk to the beach, surf club and Tallebudgera Creek.

This coastal style apartment features a spacious open plan living and dining area which includes its own balcony. A large, renovated kitchen with timber bench tops, quality appliances and plenty of cupboard space and remote-controlled ceiling fans throughout.

Other features include two generous sized bedrooms with built ins and remote ceiling fans plus a master bedroom which includes an ensuite, walk in robe an abundance of space and access to your own balcony.

Situated in a boutique block of only 6 units, complete with your own dedicated undercover tandem carport space and a large lockable storage room.

- Unfurnished
- Coastal style 3-bedroom apartment with spacious living & dining area
- Large, renovated kitchen with timber bench tops & plenty of bench space
- 2 generous sized bedrooms with built-ins and remote-controlled ceiling fans
- Spacious master bedroom with full ensuite, walk in robe & own balcony
- Large main bathroom with internal laundry
- Undercover carport space for two vehicles, plus lockable storage room
- Footsteps from the beach, surf club and Tallebudgera Creek
- Walk to Burleigh, short drive to The Pines and the Airport
- Small boutique block of 6 units

The location can't be beaten, you are walking distance to the beach, perfect for those seeking leisure-driven beachside living. A short 300 metre stroll to Tallebudgera Creek, Tallebudgera Surf Club and multiple parks and cafes. Also close by cafes and restaurant precincts and proximity to some of the best local schools including Palm Beach Currumbin High School, St Andrews Lutheran College, Hillcrest Christian College and Elanora State School. Also on your doorstep are local sporting fields, easy access to the M1 Motorway making it only a short 10 drive to The Gold Coast Airport or 1 hour north to Brisbane.

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Property History for 5/7 Nyrang Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$735,000
08 Feb 2024
Listed for Rent
$750/w
28 Aug 2023
  • 08 Feb 2024
    Sold for $735,000
  • 17 Jul 2023
    Listed for Rent $750 / week
  • 29 May 2023
    Listed for Sale SELLER HAS BOUGHT ELSEWHERE - SEEKING ALL OFFERS
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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.

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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.