OFF MARKET

1260 Gold Coast Highway
Palm Beach QLD 4221

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 329m2
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Property Details for Lot 4/1260 Gold Coast Hwy, Palm Beach

Lot 4/1260 Gold Coast Hwy, Palm Beach is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 329m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
1998
Floor Size
57m2
Land Size
329m2
Local Government
Gold Coast City
Lot/Plan
4/SP105170

Last Listing description (March 2020)

Entry Level Unit In Very Convenient Locale

Searching for the next affordable investment, first home purchase or even a downsizing option? Then look no further. This entry level unit is nestled among a small block of 9 units and is positioned in a highly convenient location. Accompanied with low outgoings, this quaint one bedroom unit in the heart of palm beach is the affordable package!

Finer Detail:
Currently tenanted investment with options to move in.
One large bedroom, with B/I/R
Balcony off living room with plenty of natural light
Ocean views
A/C in lounge room
Currently tenanted: $320 per week / lease expiry: 2nd of Feb, 2020
Body Corporate: $55 per week (approx).

Location Offers (approx):

50m to beach and surf breaks.
1.5km to Palm Beach Ave cafe/restaurant precinct
1.8km to Tallebudgera SLSC / Creek
3.4 km to the Currumbin Alley
45 minutes to Byron Bay (approx).
60 minutes to Brisbane CBD (approx).

Property History for Lot 4/1260 Gold Coast Hwy, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$330,000
04 Feb 2020
Listed for Rent
$290/w
18 Jan 2017
  • 21 Feb 2020
    Listed for Rent - Price not available
  • 04 Feb 2020
    Sold for $330,000
  • 30 Dec 2019
    Listed for Sale $339,000
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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 10,398 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.