OFF MARKET

7/12 Allara Avenue
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 314m2
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Last updated 11 Nov 2024
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Property Details for 7/12 Allara Ave, Palm Beach

7/12 Allara Ave, 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 314m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1982
Floor Size
68m2
Land Size
314m2
Local Government
Gold Coast City
Lot/Plan
7/BUP5443

Last Listing description (January 2023)

The size of the north aspect balcony at this unit is almost as big as the apartment itself.
Create the ultimate outdoor multi-function space for all moods and occasions. Handle your social gatherings with ease.

Freshly painted throughout, it's neat and tidy now, like many original condition properties, you can add instant value with some upgrades. You choose how far you go with the improvements.

The lock-up garage under the unit is another over-sized space, capable of fitting too very small cars or one normal size car leaving loads of extra storage or workspace. Great options, right there.

- 2 bedrooms, one bathroom and laundry
- Original condition unit - 73sqm approx. internal space
- Freshly painted throughout
- Massive north aspect balcony off living room - 48sqm approx. main balcony plus another smaller balcony
- Extra-long lock-up garage - 24sqm approx.
- Low body corporate fees - $49pw approx.
- 7 units in tidy brick & tile building on 808sqm level block
- Quiet friendly neighbourhood
- Beach is just 400m away approx.
- Public transport is just 350m away approx.

Rent Potential: $525pw - $550pw
Council Rates: $1,230pa approx.
Water Rates: $1,300pa approx.
Strata Fees: $49pw approx.

COVID-19
Please note all inspections will be held in accordance with the Chief Medical Officers advice and Covid-19 social distancing rules including limiting the number of people inside the house at any one time. Please respect this advice and be patient as we try to assist you.

We respectfully request the following attendees please contact us to make alternative viewing arrangements:
- Person (s) feeling unwell;
- Person (s) who have been in contact with a confirmed case of COVID-19 in the last 14 days

Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Property History for 7/12 Allara Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$630,000
11 Nov 2022
  • 11 Nov 2022
    Sold for $630,000
  • 24 Aug 2022
    Listed for Sale Contact Agent
  • 06 Apr 1983
    Sold for $60,000

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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.