SOLD
Sold on 22 Mar 2024 for $1,480,000

8 Bunya Place
Palm Beach QLD 4221

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 112m2
Land area: 934m2
Sold By
The Public Trustee of Queensland
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Property Details for 8 Bunya Pl, Palm Beach

8 Bunya Pl, Palm Beach is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1982. The property has a land size of 934m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Palm Beach in the last 12 months.

Building Type
House
Year Built
1982
Floor Size
112m2
Land Size
934m2
Local Government
Gold Coast City
Lot/Plan
1196/RP136077

Last Listing description (May 2024)

BeachThis property is situated on a 934 sq.m block, in a well-positioned sought-after area.

This lovely southern Gold Coast suburb offers an array of cafes and restaurants in Palm Beach, Currumbin and Tugun or a short drive to Burleigh Heads precinct. Shopping is available at the Pines Elanora only 9 minutes away or head up to Burleigh stocklands, 11 minutes away by car. The house offers three bedrooms, two bathrooms, kitchen, combined lounge/dining, internal laundry, lock-up double garage and patio. Enjoy sitting out on your rear verandah with a morning cup of tea or coffee, with a generous front and rear yard.

Built circa 1982, this house has great potential but would benefit from a stylish makeover. Also ideally located close to Palm Beach State School, Ellanora State School, Currumbin State School and a short drive to popular beaches at Palm Beach, Currumbin, Tugun and Bilinga. This low-set brick and concrete tile house will be sought after by all level of buyers. Make it your forever home or add an impressive piece to your rental portfilo.

Some renovations are required, however, don't miss this opportunity!

**Due to QLD Legislation we are unable to provide any price guides on auction properties.**

Property History for 8 Bunya Pl, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,480,000
22 Mar 2024
Listed for Rent
$650/w
30 Sep 2021
  • 22 Mar 2024
    Sold for $1,480,000
  • 09 Feb 2024
    Listed for Sale AUCTION
  • 27 Sep 2021
    Listed for Rent $650 / week
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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.

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.