OFF MARKET

7/54 Sarawak Avenue
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 305m2
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Last updated 11 Nov 2024
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Property Details for 7/54 Sarawak Ave, Palm Beach

7/54 Sarawak Ave, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 305m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1980
Floor Size
68m2
Land Size
305m2
Local Government
Gold Coast City
Lot/Plan
7/BUP3864

Last Listing description (February 2024)

Do not miss this opportunity to acquire this great investment. Perfectly located only a 600m walk to the beach, across the road from the well know Palm Beach Farmers Markets and access to a range of brilliant cafes & restaurants in Palm, Beach and Currumbin.

Set in a small building of only 8 with low outgoings - you really can't go wrong. Made up of two bedrooms, a refurbished kitchen, balcony and a single lock-up garage, it's the ideal little beach pad ready and waiting.

From the moment you step inside, you will feel at ease thanks to the on-trend neutral colour tones, gorgeous timber floors and functional design. The living and dining spaces are open and inviting while those with a flair for cooking will have plenty od space to cook up a delightful meal. A suite of stainless steel appliances will make preparing meals a joy plus theres a tiled backsplash, sleek new black hardware, new benchtops and tiled floors underfoot.

FURTHER ATTRIBUTES
- New lights throughout
- New bathroom vanity
- New benchtops, splashback and hardware in the kitchen
- Low outgoings
- PBC catchment zone
- 500m to the much loved Palm Beach dog beach
- 6km to the GC International Airport
- Access to an abundance of surf clubs, cafes & restaurants

Everything this renowned region has to offer is right on your doorstep including Currumbin Alley, Pirate Park and the picturesque Park Beach. Bustling shopping, restaurants and cafes are within walking distance as are nearby schools, recreational facilities and the newly constructed Pavilions Palm Beach where you can get your retail fix.

If you are looking to enter the property market and start your own portfolio, we urge you to get in touch and arrange a viewing today!

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Property History for 7/54 Sarawak Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$605,000
25 Jul 2022
Listed for Rent
$320/w
08 Nov 2016
  • 25 Jul 2022
    Sold for $605,000
  • 19 Jan 2020
    Sold for $367,500
  • 11 Jan 2020
    Listed for Sale $389,000
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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.

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