SOLD
Sold on 23 Aug 2024 for $310,000

304/305-341 Coral Coast Drive
Palm Cove QLD 4879

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 45m2
Land area: 54m2
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Belle Property Cairns
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Property Details for 304/305-341 Coral Coast Dr, Palm Cove

304/305-341 Coral Coast Dr, Palm Cove is a 1 bedroom, 1 bathroom Unit and was built in 1989. The property has a land size of 54m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Palm Cove in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
45m2
Land Size
54m2
Local Government
Cairns Regional
Lot/Plan
84/BUP70885

Last Listing description (November 2024)

This ground-floor gem offers a prime location with direct access and views over one of the complex's four pools. Recently renovated in 2024, the property features a new kitchen with modern appliances, a newly updated bathroom, fresh paint, and brand-new fans and lights throughout. The open-plan interiors seamlessly blend with a tropical pool outlook, perfect for enjoying an al fresco lifestyle. Included in the sale are all white goods and stylish, chic dcor. The complex boasts fantastic amenities such as four pools, multiple BBQ areas, and lush gardens. Located just a short walk from the Palm Cove Esplanade, this property is highly sought-after for both holiday letting and owner occupation.

- Great option for owner occupiers, holiday let investors or long term lease
- Spacious patio overlooking the pool area and BBQ

- Recent upgrades include new flooring in the bedrooms, new bathroom, updated lighting/fans, fresh paint throughout and all new kitchen w/ all appliances included
- Onsite facilities include four pools, BBQ areas, lovely gardens, and lifts
- Affordable outgoings with low Body Corps and a popular location for both investors and owner-occupiers
- Long term rental appraisal of approx $400p/w

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Property History for 304/305-341 Coral Coast Dr, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$310,000
23 Aug 2024
  • 23 Aug 2024
    Sold for $310,000
  • 11 Aug 2024
    Listed for Sale $310,000
  • 26 Oct 2023
    Sold for $215,000
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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 2,771 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, 127 properties were sold in the past 12 months in Palm cove.

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