SOLD
RECENT ADVICE
Sold on 13 Nov 2023 for $1,100,000

28 Terebra Street
Palm Cove QLD 4879

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 809m2
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Property Details for 28 Terebra St, Palm Cove

28 Terebra St, Palm Cove is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 4 bedroom House sold in Palm Cove in the last 12 months.

Building Type
House
Land Size
809m2
Local Government
Cairns Regional
Lot/Plan
31/RP725473

Last Listing description (November 2023)

Located just 300 metres (approx) to Palm Cove beach at the end of a quiet cul de sac and situtated in the famous Golden Triangle, this property is well-designed throughout, set on a spacious 809 m2 block and offers recent renovation. Whether you are looking for a fantastic holiday investment, or beachside living, this property is sure to impress.

There is so much to love about it:

• Perfectly geared for a holiday rental owner/ operator

• Airconditioned throughout
• Side Access for boat/ caravan / trailer
• Office | potential 5th bedroom
• Great sized kitchen with plenty of cupboard space, gas top cooking
• Great indoor/outdoor integration
• Decking entertaining area
• Good sized yard & gardens in the back
• 13.2 KW Solar System
• Heated pool
• Excellent AirBNB opportunity boasting over $55,000 in only 6 months!

Contact Matthew Pearce on 0418 708 758 or Nicole Barry on 0418763 311 for your inspection.

**Disclaimer - Ray White Cairns Beaches & Smithfield and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavour to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.

Property History for 28 Terebra St, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$1,100,000
13 Nov 2023
  • 01 Nov 2023
    Sold for $1,100,000
  • 03 Oct 2023
    Listed for Sale Sold | by Matthew
  • 22 Jun 2019
    Sold for $375,000
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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 2,786 properties. Over the last 5 years, Houses in Palm Cove have seen a 66.77% increase in median value, while Units have seen a 56.68% increase. As at 31 August 2024:

  • The median value for Houses in Palm Cove is $1,021,961 while the median value for Units is $528,118.
  • Houses have a median rent of $780 while Units have a median rent of $473.
There are currently 54 properties listed for sale, and 8 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Palm cove.

Suburb Insights for Palm Cove 4879

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Contact agent
Matthew Pearce
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Nicole Barry
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Ray White Cairns Beaches
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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.