SOLD
Sold on 20 May 2024 for $360,000

316/305-341 Coral Coast Drive
Palm Cove QLD 4879

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 78m2
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Property Details for 316/305-341 Coral Coast Dr, Palm Cove

316/305-341 Coral Coast Dr, Palm Cove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 78m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Palm Cove in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
78m2
Land Size
78m2
Local Government
Cairns Regional
Lot/Plan
96/BUP70885

Last Listing description (May 2017)

An exclusive opportunity for the astute buyer craving the ultimate,luxury Palm Cove lifestyle.
A few of the features that we love include;
* Two good size bedrooms with large built-in wardrobes

* Spacious open plan living room
* Sunny balcony from the main living and master bedroom
* First floor position with elevator access
* Views over the main swimming pool; cool breezes all day long
* Chefs kitchen includes stone bench tops,dishwasher, pantry space & open servery
* Keep cool all summer long with floor tiles to the living areas, new carpets to bedrooms & full air-conditioning
* Generous bathroom with a built in hideaway laundry alcove
* Solid rendered block construction quality built by Daikyo
* Large swimming pools & international golf facilities in the complex

An incomparable lifestyle opportunity and just a short stroll from the heartbeat of Palm Cove where white sandy beaches are lined with glorious coconut palms, world class restaurants, bars and shopping. There is great fishing to be had from the Palm Cove jetty with easy access to the Great Barrier Reef. The ocean is warm all year round, making Palm Cove one of the most beautiful beaches in the world. When an apartment is designed for a setting such as this, the magic is captured. Be quick to secure! This is an absolute first class buy.

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Property History for 316/305-341 Coral Coast Dr, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$360,000
20 May 2024
  • 20 May 2024
    Sold for $360,000
  • 19 Apr 2021
    Sold for $235,000
  • 16 May 2017
    Listed for Sale FNQ HOT BUY $237,000
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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.

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