11 Veivers RoadPalm Cove QLD 4879
Property Details for 11 Veivers Rd, Palm Cove
Last Listing description (April 2016)
In one of Australia's premier tourist destinations, discover this superb opportunity to invest in a blank canvas with position, potential and unlimited possibilities. As one of the few remaining development sites in the sophisticated beachside community of Palm Cove, this prime 977m2 vacant block offers virtually unrestricted prospects for an investor with vision and high expectations.
Less than 100 metres from the beach, the large corner site (Veivers and Triton) is nestled in an enclave of luxury resorts, world class restaurants and stylish boutiques. With unbeatable street appeal, excellent access, and tourist/residential zoning, it offers a wide range of opportunities for investment in holiday or residential multi unit/retail development.
Just 25 minutes from the Cairns Airport and CBD and 45 minutes scenic drive from Port Douglas to the north, as well as being a firm favourite with locals, Palm Cove enjoys patronage from increasing numbers of both international and domestic visitors. Internationally renowned as a luxury spa and wedding destination, its spectacular beachfront aspect and elegant village ambience have set Palm Cove as the jewel in North Queensland's considerable crown.
Property History for 11 Veivers Rd, Palm Cove, QLD 4879
- 21 Jul 2015Sold for $700,000
- 15 Jul 2014Listed for Sale Under Contract
- 11 Aug 2010Listed for Sale $600,000 (REDUCED $100K)
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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 2,787 properties. Over the last 5 years, Houses in Palm Cove have seen a 60.59% increase in median value, while Units have seen a 51.70% increase. As at 30 November 2024:
- The median value for Houses in Palm Cove is $1,012,338 while the median value for Units is $530,754.
- Houses have a median rent of $750 while Units have a median rent of $490.
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