OFF MARKET

7/11 Nalla Court
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 256m2
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Last updated 11 Nov 2024
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Property Details for 7/11 Nalla Ct, Palm Beach

7/11 Nalla Ct, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 256m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in April 2020.

Building Type
Unit
Year Built
1982
Floor Size
90m2
Land Size
256m2
Local Government
Gold Coast City
Lot/Plan
7/BUP4819

Last Listing description (June 2020)

Quietly tucked away at the end of a cul-de-sac this updated 2-bedroom apartment boasts natural light and captures coastal breezes, featuring an open plan and positioned on the top floor of a small block of just nine apartments. The hard work has already been done with modern bamboo flooring throughout, an updated kitchen in the heart of the home and a modern, well-appointed bathroom. The bedrooms are well-proportioned with the main having a walk-in robe and private balcony. Situated in sought-after Palm Beach this apartment will appeal to first home buyers and astute investors with current rental returns of $450 per week. The apartment is leased until 8th June 2020. Property Features: - Top floor apartment filled with natural light - Boutique block of just nine with low body corp fees - Renovated internally - ready for the new owners - Modern kitchen and bathroom - Close to public transport - Single car space under the building - Body Corporate approx $60/week -Rates approx $894/6 months -Water approx $346/quarter - Walk to popular Palm Beach - Ceiling fans throughout - Ideal investment - currently leased at $450 per week until 8th June 2020 - Quiet cul-de-sac location - Short drive to 3 shopping centres - Approx. 6-8 mins drive to Gold Coast International Airport - Approx. 3-4 mins drive to access the M1 motorway Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracy or misstatements that may occur. Prospective purchases should make their own enquiries to verify the information contained herein.

Property History for 7/11 Nalla Ct, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$355,000
24 Apr 2020
Listed for Rent
$255/w
29 Aug 2012
  • 24 Apr 2020
    Sold for $355,000
  • 09 Jan 2020
    Listed for Sale $380,000
  • 24 Dec 2015
    Sold for $300,000
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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.

Suburb Insights for Palm Beach 4221

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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.