SOLD
Sold on 04 Oct 2024 for $300,000

122/305-341 Coral Coast Drive
Palm Cove QLD 4879

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 78m2
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Property Details for 122/305-341 Coral Coast Dr, Palm Cove

122/305-341 Coral Coast Dr, Palm Cove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 78m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Palm Cove in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
65m2
Land Size
78m2
Local Government
Cairns Regional
Lot/Plan
22/BUP70885

Property History for 122/305-341 Coral Coast Dr, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$300,000
04 Oct 2024
  • 04 Oct 2024
    Sold for $300,000
  • 05 Oct 2011
    Sold for $159,000
  • 13 Aug 2004
    Sold for $240,000
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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 56 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.