OFF MARKET

7/72 Sarawak Avenue
Palm Beach QLD 4221

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
Land area: 46m2
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Last updated 18 Nov 2024
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Property Details for 7/72 Sarawak Ave, Palm Beach

7/72 Sarawak Ave, Palm Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1983. The property has a land size of 46m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1983
Floor Size
43m2
Land Size
46m2
Local Government
Gold Coast City
Lot/Plan
7/BUP5785

Last Listing description (December 2022)

This neat and tidy ground floor entry level unit is the perfect purchase - ticks all the boxes.

Affordable for first home buyers, perfect investment purchase or ideal lock and leave holiday apartment.

Positioned in a popular street and suburb of Palm Beach this lifestyle investment opportunity won't last long on the market.

- Small block of only 7 units
- New air conditioning and ceiling fan in lounge area
- Off street parking
- Low Body Corporate fees
- Good rental return approx $400 p/w
- Bus stop located nearby
- Walking distance to the Currumbin Creek, perfect for a fish or paddle board
- Walk to the shops, restaurants, cafes and one of the best beaches on the Coast

If you are looking for a seaside escape on a budget this is the one for you. Be quick, properties at this price point sell fast.

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 7/72 Sarawak Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$415,000
17 Oct 2022
  • 17 Oct 2022
    Sold for $415,000
  • 13 Sep 2022
    Listed for Sale Offers Over $400,000
  • 24 Sep 1987
    Sold for $37,000

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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.