SOLD
Sold on 22 Mar 2024 for $644,000

293 Coral Coast Drive
Palm Cove QLD 4879

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 647m2
Sold By
Tropic Estate Agents
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Property Details for 293 Coral Coast Dr, Palm Cove

Building Type
Land
Land Size
647m2
Local Government
Cairns Regional
Lot/Plan
1/SP313348

Last Listing description (April 2024)

Perfectly situated within Oceans Edge in one of Palm Cove's premier pockets - you are only a very short stroll to the world famous beachfront of Palm Cove with the many restaurants and cafes at your fingertips. 647m2 flat block. With only one neighbour, rainforest & seasonal creek backdrop, this parcel of land is a perfect blank canvas for those wanting to build their dream home at a premier address. No Body Corporate or covenant applies. Call Matthew Pearce on 0418 708 758 or Nicole Barry 0418763311 for further information and draft building plans.

Property History for 293 Coral Coast Dr, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$644,000
22 Mar 2024
  • 22 Mar 2024
    Sold for $644,000
  • 31 Mar 2023
    Listed for Sale Contact Agent
  • 06 Apr 2022
    Sold for $600,000
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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 55 properties listed for sale, and 11 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 137 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.