SOLD
Sold on 10 Jul 2024 for $460,000

5/34 Oliva Street
Palm Cove QLD 4879

Bedrooms: 2
Bathrooms: 1
Car spaces: -
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Property Details for 5/34 Oliva St, Palm Cove

5/34 Oliva St, Palm Cove is a 2 bedroom, 1 bathroom House and was built in 1998. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom House sold in Palm Cove in the last 12 months.

Building Type
House
Year Built
1998
Local Government
Cairns Regional
Lot/Plan
5/SP111324

Last Listing description (September 2024)

Live the Lifestyle here in Palm Cove. Excellent Location close to the Esplanade.

Just two streets back from the palm lined beach, this two-bedroom, one-bathroom, fully air-conditioned ground floor apartment offers the perfect blend of convenience and tranquility right here in paradise. Nestled in a quiet street within a small complex of just eight units, this property provides a peaceful retreat while being close to the vibrant happenings of the palm cove esplanade.

- Generous open plan living spaces open to a private patio
- Chefs' kitchen with plenty of bench and cupboard space

- Large Bathroom with french laundry and a separate powder room
- Spacious Bedrooms with good-sized built-in wardrobes
- Car Port
- Low Body Corps of just $5,375p/a
- Located in a small, well-kept complex of just 8 units with pool, with a secure access gate being installed soon
- Strong Rental Potential via Long Term or Holiday Letting

Property History for 5/34 Oliva St, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$460,000
10 Jul 2024
  • 01 Aug 2024
    Sold for $460,000
  • 20 Jun 2024
    Listed for Sale $460,000
  • 21 Jan 2020
    Sold for $245,000
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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.