OFF MARKET

58 Ocean Drive
Palm Cove QLD 4879

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 236m2
Land area: 770m2
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Property Details for 58 Ocean Dr, Palm Cove

58 Ocean Dr, Palm Cove is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 2012. The property has a land size of 770m2 and floor size of 236m2.

Building Type
House
Year Built
2012
Floor Size
236m2
Land Size
770m2
Local Government
Cairns Regional

Last Listing description (November 2021)

Occupying a prime position in a prestigious estate, this impeccable property delivers the rare combination of absolute privacy and direct boardwalk access to the beach. Constructed to a very high standard, it features superior finishes, soaring vaulted ceilings in the living spaces, expansive use of glass and a separated master wing with a private deck. Set on a low maintenance 770m2 block, with a layout that capitalises on the gorgeous leafy aspect, the property enjoys a tropical resort-style ambience within walking distance of the beach.

- Open plan interiors with impeccable indoor/outdoor flow
- Huge undercover entertaining area with outdoor kitchen and built in BBQ

- Hi-spec kitchen, Siemens appliances, electric cupboards, butlers pantry
- Living area and guest suite with lake views
- Gorgeous master wing with study/fourth bedroom, ensuite, large walk-in robe and private deck
- Fully air-conditioned, elegant decor, tiled and timber flooring
- 12.5m wet edge solar heated pool, electric front gate with intercom
- Arguably best location in the estate, adjacent to boardwalk, 200m to beach

Property History for 58 Ocean Dr, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
  • 29 Sep 2021
    Listed for Sale SOLD

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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 62.74% increase in median value, while Units have seen a 53.29% increase. As at 30 September 2024:

  • The median value for Houses in Palm Cove is $1,002,548 while the median value for Units is $536,421.
  • Houses have a median rent of $760 while Units have a median rent of $475.
There are currently 56 properties listed for sale, and 15 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.

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.