SOLD
Sold on 26 Mar 2024 for $940,000

12 Palmetto Street
Palm Cove QLD 4879

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 290m2
Land area: 700m2
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Property Details for 12 Palmetto St, Palm Cove

12 Palmetto St, Palm Cove is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 700m2 and floor size of 290m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom House sold in Palm Cove in the last 12 months.

Building Type
House
Floor Size
290m2
Land Size
700m2
Local Government
Cairns Regional
Lot/Plan
67/SP158379

Last Listing description (May 2024)

In a premium location close to the beach, this solid, well-presented family home affords relaxed living on a generous scale. Set on a 700m2 corner block with a mountain backdrop, the functional, single-level layout is orientated to capitalise on the natural light and private aspect. The cool, open plan interiors integrate effortlessly with the wraparound patio, which overlooks the large L-shaped pool and lovely established gardens. Embracing space and versatility, this outstanding property puts you minutes from the beach, cafes, and restaurants of Palm Cove Esplanade.

- Light-filled open plan layout, with excellent indoor/outdoor integration
- Generous outdoor area, with lovely outlook to mountain range

- Large L-shaped pool set within private surrounds
- Huge kitchen with large walk-in pantry, gas cooktop & breakfast bar
- Spacious master with ensuite (with spa bath), and walk-in robe
- Dedicated media room, plus generous study/sixth bedroom
- Separated fifth bedroom with ensuite, ideal for guests or teenage retreat
- Quality contemporary furnishings included in the sale
- Air-conditioning, fans, security screens throughout, solar panels
- Established gardens with garden shed & plenty of lawn for children
- Long term tenancy in place providing strong rental return

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Property History for 12 Palmetto St, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$940,000
26 Mar 2024
Listed for Rent
$980/w
22 Nov 2023
  • 26 Mar 2024
    Sold for $940,000
  • 20 Mar 2024
    Listed for Sale $940,000
  • 22 Nov 2023
    Listed for Rent $980 / 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.

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