SOLD
Sold on 05 Aug 2024 for $540,000

3/34 Oliva Street
Palm Cove QLD 4879

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 78m2
Land area: 100m2
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Property Details for 3/34 Oliva St, Palm Cove

3/34 Oliva St, Palm Cove is a 2 bedroom, 1 bathroom Unit and was built in 1998. The property has a land size of 100m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Palm Cove in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
78m2
Land Size
100m2
Local Government
Cairns Regional
Lot/Plan
3/SP111324

Last Listing description (September 2024)

Just back from the Palm Cove Esplanade, this beachside apartment delivers a sophisticated coastal aesthetic with super high-quality finishes throughout. Gently elevated to capture the ocean breezes, the spacious interiors open to a large balcony with a lovely leafy outlook towards the mountains. The current owner has meticulously renovated the property to an impeccable standard, including a brand-new kitchen, bathroom, all new appliances, flooring, lighting, dcor, blinds, doors, hardware, and all contemporary furnishings are also included. Everything has been updated to a very high standard and is ready for its new owner to enjoy.

- Generous interior layout with open plan living spaces
- Spacious, elevated patio with beautiful leafy mountain backdrop

- Extensive renovations completed in 2023
- Brand-new kitchen with stone bench tops, soft close drawers and plumbed fridge/freezer
- Elegant bathroom with soft gold fixtures, and floor to ceiling tiles
- All new flooring (hybrid laminate), electrical, lighting, air cons throughout
- All high-quality furnishings, brand-new appliances included in the sale
- Elegant neutral dcor, new hybrid laminated flooring, tiles in bathroom
- Small, well-kept complex with pool, parking, and very affordable Body Corporate Fees
- Great location on a quiet street just back from Palm Cove Esplanade
- Strong holiday let or long term let potential
- Full Inventory, and list of updates available upon request

Property History for 3/34 Oliva St, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$540,000
05 Aug 2024
Listed for Rent
26 Jun 2020
  • 05 Aug 2024
    Sold for $540,000
  • 25 Jul 2024
    Listed for Sale $540,000
  • 09 Mar 2024
    Sold for $500,000
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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 60.59% increase in median value, while Units have seen a 51.70% increase. As at 30 November 2024:

  • The median value for Houses in Palm Cove is $1,012,338 while the median value for Units is $530,754.
  • Houses have a median rent of $750 while Units have a median rent of $490.
There are currently 48 properties listed for sale, and 7 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 144 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.