SOLD
Sold on 30 Jan 2024 for $1,330,000

605/60 Jefferson Lane
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 89m2
Land area: 128m2
Sold By
McGrath Palm Beach
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Property Details for 605/60 Jefferson Lane, Palm Beach

605/60 Jefferson Lane, Palm Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2019. The property has a land size of 128m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Palm Beach in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
89m2
Land Size
128m2
Local Government
Gold Coast City
Lot/Plan
39/SP296384

Last Listing description (February 2024)

Embrace the timeless allure of beachside living in this contemporary two bedroom apartment with sweeping ocean views. Positioned in the sought-after 'The Jefferson' complex with residents' lounge, spa and BBQ deck, it promises an easy-care coastal lifestyle just a stroll to cafes, restaurants, shops and the beach.

- Premium coastal lifestyle in a modern, airy apartment with prized ocean views
- Relax and enjoy the fresh sea air or sunrise views on the covered balcony

- Generous open-plan living and dining area with hinterland to ocean views
- Modern kitchen complete with an integrated dishwasher, electric cooktop
- Main bedroom reveals a peaceful ocean views, walk-through robe, ensuite
- Second bedroom offers mirrored built-ins, beach outlook and fan
- Contemporary family bathroom with tub, shower and European laundry
- Ducted air-conditioning for year-round comfort, 2 secure parking spaces
- Enjoy the complex facilities, stroll to the beach or Pavilions Shopping Centre
- Close to public transport, The Collective, Balboa Italian, cafes and boutiques
- Council Rates: $2,580.66 per annum. Water Rates: $1,246.52 per annum.
- Rental Appraisal: $1,000-$1,100 per week.

Property History for 605/60 Jefferson Lane, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,330,000
30 Jan 2024
  • 30 Jan 2024
    Sold for $1,330,000
  • 24 Jan 2024
    Listed for Sale Not Disclosed
  • 15 May 2017
    Sold for $655,000

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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.