SOLD
RECENT ADVICE
Sold on 27 Nov 2023 for $645,000

6/7 Twenty Seventh Avenue
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 6/7 Twenty Seventh Ave, Palm Beach

6/7 Twenty Seventh Ave, Palm Beach is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. 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
6/BUP12787

Last Listing description (November 2023)

Situated on the middle floor of a boutique complex of just 8, this apartment presents an alluring opportunity for discerning investors or those in search of a serene beachside residence.

Enjoying a coveted location mere steps away from Palm Beach's bustling café culture, a brief, leisurely 150-meter stroll from your front door reveals the unspoiled beauty of Palm Beach's shoreline.

Standout Features Include:

* Open-plan living areas leading to a sunny north-facing balcony
* Two good-sized bedrooms with built-in wardrobes
* Bathroom and laundry combined
* Separate toilet
* Double basement parking spaces

Palm Beach has undergone a remarkable transformation in recent years, attracting eager buyers to this once-sleepy coastal haven. The Palm Beach Parklands, renowned for its expansive green spaces and recreational amenities, including Currumbin and Tallebudgera Creeks, walking trails, BBQ spots, and playgrounds, enhance the area's allure.

Furthermore, the property enjoys convenient access to public transportation, the M1 highway, and the Gold Coast International Airport, making it an opportunity you won't want to miss.

WHERE TO FROM HERE?
150m to the golden sand of Palm Beach
500m to Tallebudgera SLSC
650m to Tallebudgera Creek
2.3km to Palm Beach Surf Club
2.5km to Mallawa Sports Complex
2.8km to Pavilions Shopping Centre
3.8km to PBC State High School
9.1km to Gold Coast Airport
55 minutes to Byron Bay
90 minutes to Brisbane CBD

THE FINER DETAILS:
Rental Return: Currently achieving $510 per week with a lease in place until 1st August, 2024
Body Corporate Levies: $81 per week (approximately)
Council Rates: $1,207 per half annum (approximately)
Build Year: 1993

For further information or to arrange your inspection, please contact Gavin Keith on 0438 243 441

DISCLAIMER
The information relating to this property has been obtained by a third-party source, which is believed to be accurate and reliable. RBR Property Consultants has taken every care to ensure this information is as reliable and accurate as possible but may be subject to errors and omissions. RBR gives no guarantee that this information is 100% correct and it is recommended that you consult an advisor to verify any information for any properties.

Property History for 6/7 Twenty Seventh Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$645,000
27 Nov 2023
Listed for Rent
$300/w
07 Feb 2012
  • 10 Nov 2023
    Sold for $650,000
  • 23 Oct 2023
    Listed for Sale Interest Over $645,000
  • 13 Dec 2018
    Sold for $385,000
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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 10,399 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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Contact agent
Gavin Keith
Show contact details
RBR Property Consultants
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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.