SOLD
Sold on 26 Jul 2024 for $1,500,000

5 Merauke Avenue
Palm Beach QLD 4221

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Floor area: 250m2
Land area: 508m2
Sold By
Belle Property Palm Beach
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Property Details for 5 Merauke Ave, Palm Beach

5 Merauke Ave, Palm Beach is a 5 bedroom, 3 bathroom House and was built in 1970. The property has a land size of 508m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 5 bedroom House sold in Palm Beach in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
250m2
Land Size
508m2
Local Government
Gold Coast City
Lot/Plan
587/RP91452

Last Listing description (August 2024)

Immaculately presented inside and out, this generous home delivers brilliant move-in living with space for large families to spread out. Nestled in a desired community with walking access to schools, shops and the Palm Beach foreshore, there is also the option to offer self-contained dual-living perfect for catering to multiple generations or enhancing rental return.

A gated frontage and rendered facade combine to provide welcoming street appeal before opening into a multi-level layout presented in renovated comfort. Crisp and contemporary, the fresh palette enhances wonderful natural light with polished timber floors flowing throughout large lounge and dining on one level, whilst an additional living room is positioned down a short flight of stairs. A timeless monochrome aesthetic adorns the impressive modern kitchen with expansive bench space and striking black splash back wrapping around the zone. There is excellent storage at hand, complemented by quality appliances including gas cooking.

Take advantage of the supreme Queensland climate and enjoy outdoor living within a huge landscaped patio, offering open-air space with built-in seating as well as expansive covered zone with stylish timber-lined ceiling. The fenced surrounds offer open grassed zones as well as an artificially turfed frontage cementing an easy-care appeal.

On the uppermost level, three built-in bedrooms are generously sized with each having direct access to an ensuite bathroom; the master boasting the private use of a sleek zone with floor to ceiling tiling and dual vanity whilst the supporting bedrooms share Jack and Jill access to a second pristine bathroom.

Downstairs, two additional bedrooms each have built-in storage as well as service from a third full sized bathroom. Together with a handy kitchenette and adjacent lounge, there is terrific opportunity to take advantage of the private external access and create the perfect dual-living wing, with the option to securely close it from the remainder of the house and even have an Airbnb.

Ensuring this is the complete package, additional features include a European laundry, garden sheds, solar electricity and double carport.

Sitting in a brilliant position, you're just a moments stroll from Laguna Park and the lakeside shops as well as within easy walking access to Palm Beach Currumbin State High. Plenty of coffee and shopping locales are at your disposal, as well as the magnificent beachfront and kilometres of golden sands!

- Pristine family home with renovated comfort and option for dual-living
- Contemporary palette plus polished timber floors
- Open-plan lounge and dining plus second living room
- Modern kitchen with superb storage, stainless appliances and black benches
- Large outdoor entertaining with covered and open-air zones plus built-in seating
- Fenced surrounds with low-maintenance landscaping
- Five built-in bedrooms
- Master including walk-in robe and sleek ensuite bathroom with dual vanity
- Two additional quality bathrooms
- Options to separate lower level wing to a dual-living studio with kitchenette, bathroom, living, two bedrooms and private external entry
- Solar electricity/garden sheds/double carport
- Walk to Palm Beach Currumbin State High, parkland, coffee, shopping and beach

Property History for 5 Merauke Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,500,000
26 Jul 2024
  • 26 Jul 2024
    Sold for $1,500,000
  • 24 Jul 2024
    Listed for Sale Under Contract
  • 14 Sep 2011
    Sold for $515,000
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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 10,400 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.