SOLD
Sold on 13 Dec 2023 for $770,000

6/1040 Gold Coast Highway
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 90m2
Land area: 93m2
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Property Details for 6/1040 Gold Coast Hwy, Palm Beach

6/1040 Gold Coast Hwy, Palm Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 93m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Palm Beach in the last 12 months.

Building Type
Unit
Year Built
2002
Floor Size
90m2
Land Size
93m2
Local Government
Gold Coast City
Lot/Plan
6/SP146804

Last Listing description (December 2019)

Poised in a prime location just 100m from the beach, this light-filled ground-floor apartment captures an east-facing orientation in a well-maintained block. Enviably positioned and boasting air conditioning, residents' swimming pool and a generous undercover balcony, it's a stroll to local schools, shops, and cafs.


- Open concept living/dining space flows effortlessly to outdoors

- Spacious undercover balcony enjoys year round sea breezes

- Kitchen comes with stainless steel appliances and breakfast bar

- Two well proportioned bedrooms with built-ins and ceiling fans

- Master bedroom equipped with an ensuite and balcony access

- Single modern bathroom with a bathtub, separate laundry area

- Air conditioned living area, ceiling fans and security intercom

- Tandem undercover security parking plus a storage shed

- Walk to buses, Palm Beach Parklands, easy drive to airport

- Sorry pets are not permitted

- Please register your attendance to the scheduled inspections

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Property History for 6/1040 Gold Coast Hwy, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$770,000
13 Dec 2023
Listed for Rent
$470/w
20 Dec 2019
  • 13 Dec 2023
    Sold for $770,000
  • 17 Dec 2019
    Listed for Rent $470 / week
  • 05 Jan 2016
    Sold for $371,000
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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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