SOLD
Sold on 27 Feb 2024 for $405,000

4201/2-22 Veivers Road
Palm Cove QLD 4879

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 67m2
Land area: 147m2
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Property Details for 4201/2-22 Veivers Rd, Palm Cove

4201/2-22 Veivers Rd, Palm Cove is a 2 bedroom, 2 bathroom Unit and was built in 2006. The property has a land size of 147m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Palm Cove in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
67m2
Land Size
147m2
Local Government
Cairns Regional
Lot/Plan
4201/SP196229

Last Listing description (April 2024)

Set in a private position with spacious living area, large bedrooms, 1 generous balcony plus an additional oversized rear balcony that would be great for entertaining family and friends, apt 4201 Drift would make the perfect base here in paradise. This property is set up currently for holiday letting and is being sold with all furnishings included, ready to go. The Drift occupies one of the best locations in Palm Cove and puts the beach, cafes, restaurants and the magical ambience of the Palm Cove Esplanade all directly on your doorstep!

- Rare floorplan in complex with 2 full size bedrooms, spacious living area, generous front balcony in private position plus XL balcony at rear
- Open plan living

- All furniture included in the sale
- Pets by Body Corporate Approval
- Strong return potential via Holiday Letting enquire for financials
- Complex features tropical gardens, gorgeous lagoon pool, gym, elevators, spa and restaurants/cafes onsite
- Drift is available for holiday letting with letting team onsite, also suitable for owner occupiers

Property History for 4201/2-22 Veivers Rd, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$405,000
27 Feb 2024
Listed for Rent
$380/w
01 Feb 2011
  • 27 Feb 2024
    Sold for $405,000
  • 16 Feb 2024
    Listed for Sale $405,000
  • 21 Dec 2010
    Listed for Rent - Price not available
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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 2,774 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 55 properties listed for sale, and 10 properties listed for rent in Palm cove on OnTheHouse. According to CoreLogic's data, 133 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.