299 Coral Coast DrivePalm Cove QLD 4879
Property Details for 299 Coral Coast Dr, Palm Cove
Last Listing description (June 2024)
Welcome to Maitraya Palm Cove,where home is a holiday. Maitraya offers a once in a lifetime opportunity to purchase lot 4 with over 47 meters of road frontage and 779 sqm in a bespoke beachside development just a few minutes stroll to the beach, jetty and esplanade approximately 600 meters away. This peaceful community encapsulates loving kindness, where Maitraya derives from. An unspoilt oasis of natural beauty with no body corporate or covenants, the time is now to consider your options for your forever home.
**No body corporate**
PALM COVE IS:
25 mins north of Cairns Airport
30 mins south of Port Douglas
Property History for 299 Coral Coast Dr, Palm Cove, QLD 4879
- 04 Apr 2024Listed for Sale Not Disclosed
- 04 Apr 2024Sold for $845,000
- 27 May 2022Listed for Sale FNQ Hot Buy $850,000
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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.
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