SOLD
RECENT ADVICE
Sold on 28 May 2024 for $645,000

1/4 Michelia Street
Palm Cove QLD 4879

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 400m2
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Property Details for 1/4 Michelia St, Palm Cove

1/4 Michelia St, Palm Cove is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 400m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Palm Cove in the last 12 months.

Building Type
House
Land Size
400m2
Local Government
Cairns Regional
Lot/Plan
1/SP232837

Last Listing description (May 2024)

Calling all Young Families, Down Sizers & Investors!
This property gets you into the Palm Cove Market at an ultra-low price compared to other homes nearby.
Benefiting from NO body corps fees this home is better value than a unit/townhouse.

This 3 Bedroom 2 Bathroom property with double remote garage & pool is great buying for downsizers or investors.
The semi-detached home has a rental appraisal of $725.00 - $745.00 p/w
Palm Cove is NOT a suburb, it's a lifestyle that will very fast become an addiction.
From mountain views to the West & ocean breezes to the East walks along the famous beachfront will melt hours away.

This property has all you could need, features listed below:

- Three bedrooms, master with walk-in robe and ensuite
- Open plan living area leading out to the patio
- Functional kitchen with ample cupboard and bench space and dishwasher
- Main bathroom with bathtub, shower and separate toilet
- Internal laundry
- Airconditioned throughout
- Large patio for entertaining
- Sparkling inground swimming pool
- Low maintenance, established gardens
- Double remote garage

We know this property won't last long, get in contact via the 'get in touch' button today for any enquiries.

Property History for 1/4 Michelia St, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$645,000
28 May 2024
Listed for Rent
$750/w
03 May 2024
  • 13 May 2024
    Sold for $645,000
  • 08 May 2024
    Listed for Sale Another DONE DEAL by Paul Sheldon
  • 22 Apr 2024
    Listed for Rent $750 / week
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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 2,771 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 56 properties listed for sale, and 10 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 127 properties were sold in the past 12 months in Palm cove.

Suburb Insights for Palm Cove 4879

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Paul Sheldon
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Bec Sheldon
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Sheldon Realty
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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.