OFF MARKET

1/2 Michelia Street
Palm Cove QLD 4879

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 104m2
Land area: 158m2
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Property Details for 1/2 Michelia St, Palm Cove

1/2 Michelia St, Palm Cove is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 158m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Year Built
2010
Floor Size
104m2
Land Size
158m2
Local Government
Cairns Regional
Lot/Plan
1/SP232836

Last Listing description (October 2022)

This is a cleverly designed three bedroom duplex residence that is situated only 1.5km from the Palm Cove foreshore and would make the perfect home for couples, retirees, a small family, or a holiday home (AirBnB). The home has an open plan design which seamlessly flows to the outdoor entertaining area. In addition, there is a double gated side access point leading to a concrete slab that can be used to house a caravan.

There are features galore:

Three bedrooms, two bathrooms, separate toilet

Living and dining areas leading to outdoor entertaining area
Side access plus sizeable concrete slab for caravan or boat
Air conditioning in lounge area & two bedrooms
Master bedroom with ensuite
All bedrooms have hybrid planking floors
Modern kitchen with granite benchtops, gas cooking, and plenty of storage
Security screens throughout, European styled laundry
Family bathroom has a separate shower & bath
Solar, and room for a pool
Double lock up garage with internal door to house
Tropical landscaped gardens and fully fenced
Smart keyless entry

Situated only minutes from stunning restaurants, shops, cafes & the palm fringed Coral Sea that Palm Cove is famous for whilst being conveniently located close to Clifton Village shopping centre, schools, university, transport, and only 20 - 25 minutes from Cairns airport and CBD. Contact Matthew Pearce on 0418 708 758 or Simon Batt on 0400 932 229 for your private inspection.

Property History for 1/2 Michelia St, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$581,500
07 Sep 2022
  • 07 Sep 2022
    Sold for $581,500
  • 11 Aug 2022
    Listed for Sale Sold - Contract Unconditional
  • 06 Feb 2017
    Sold for $400,000
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About Palm Cove 4879

The size of Palm Cove is approximately 3.6 square kilometres. It has 11 parks covering nearly 24.5% of total area. The population of Palm Cove in 2011 was 1,656 people. By 2016 the population was 2,082 showing a population growth of 25.7% in the area during that time. The predominant age group in Palm Cove is 60-69 years. Households in Palm Cove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palm Cove work in a professional occupation. In 2011, 49.6% of the homes in Palm Cove were owner-occupied compared with 57.1% in 2016.

Palm Cove has 2,775 properties. Over the last 5 years, Houses in Palm Cove have seen a 61.74% increase in median value, while Units have seen a 63.83% increase. As at 31 October 2024:

  • The median value for Houses in Palm Cove is $998,737 while the median value for Units is $559,734.
  • Houses have a median rent of $750 while Units have a median rent of $485.
There are currently 55 properties listed for sale, and 10 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Palm cove.

Suburb Insights for Palm Cove 4879

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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.