OFF MARKET

113 Monaghan Road
Palm Grove QLD 4800

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 521300m2
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Property Details for 113 Monaghan Rd, Palm Grove

113 Monaghan Rd, Palm Grove is a 0 bedroom, 0 bathroom House and was built in 2005. The property has a land size of 521300m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
House
Year Built
2005
Land Size
521300m2
Local Government
Whitsunday Regional
Lot/Plan
5/SP152087

Last Listing description (January 2024)

This 126 acre freehold property is positioned in Palm Grove, a pretty green valley close to Conway Beach, 2 minutes to Cedar Creek Falls, and just 20 minutes to Proserpine and Cannonvale.

90 acres is cleared and was grazed for decades in the past, before being purchased by Australian Native Lemon Myrtle Tea Farms in the 1980's. In 2014, half of the grazing area was tidied up with heavy machinery and seeded with a tropical beef pasture mix.

The grazing area will support 40-60 head of cattle providing lifestyle and income. Goats, avocados, or tea are potentially good alternative options.

A permanent water source provides water to the house and livestock. This water source, established in 2008, is a 30m bore, with a submersible Grundfos solar powered pump retrieving fresh spring water.

The water is of a high enough quality to bottle and sell. Rainwater may also be collected at the house. The open plan house, 13m by 7m internally, with a 4m by 15m covered front veranda, sits in the centre of the property, built in 2008. It is a high quality Cypress Pine home from Appalachian Log Homes. Cypress pine is everlasting, termite resistant, and a virtual hardwood.
Please visit - www.appalachian.com.au There is a wide, 3.05m by one hundred and twenty metre cement driveway to the home which was constructed in 2014.

The property is surrounded by hundreds of acres Organic Lemon Myrtle Tea farms operated by the Whitsundays leading Organic Lemon Myrtle Tea producer. 500m of the back boundary adjoins State Forest and Conway National Park.

This is a wonderful, gently undulating property which enjoys breathtaking valley views.

113 Monaghan Rd is priced to sell, call Harcourts for further information.

Property History for 113 Monaghan Rd, Palm Grove, QLD 4800

A timeline of how this property has performed in the market
Last Sold
$472,500
05 Jun 2019
  • 09 Jan 2024
    Listed for Sale Not Disclosed
  • 05 Jun 2019
    Sold for $472,500
  • 23 Nov 2016
    Listed for Rent - Price not available
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About Palm Grove 4800

The size of Palm Grove is approximately 24.9 square kilometres. It has 2 parks covering nearly 2.1% of total area. The population of Palm Grove in 2011 was 98 people. By 2016 the population was 86 showing a population decline of 12.2% in the area during that time. The predominant age group in Palm Grove is 10-19 years. Households in Palm Grove are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Palm Grove work in a trades occupation. In 2011, 65.7% of the homes in Palm Grove were owner-occupied compared with 91.3% in 2016..

Palm Grove has 57 properties. Over the last 5 years, Houses in Palm Grove have seen a 125.66% increase in median value. As at 31 October 2024:

  • The median value for Houses in Palm Grove is $808,486.
There are currently no properties listed for sale, and no properties listed for rent in Palm grove on OnTheHouse. According to CoreLogic's data, 3 properties were sold in the past 12 months in Palm grove.

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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.