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Sold on 11 Nov 2023 for $815,000

58 Velvet Way
Palmview QLD 4553

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 426m2
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Property Details for 58 Velvet Way, Palmview

58 Velvet Way, Palmview is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 426m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 4 bedroom House sold in Palmview in the last 12 months.

Building Type
House
Land Size
426m2
Local Government
Sunshine Coast Regional
Lot/Plan
1491/SP319461

Last Listing description (November 2023)

Meticulously designed, this residence seamlessly blends comfort and sophistication, offering an idyllic haven for discerning families. With 4 bedrooms, media room, 2 bathrooms and a double car garage, this property offers ample space for both thriving and modern convenience.

The master bedroom is a tranquil retreat, showcasing awe inspiring garden views and providing a serene haven for relaxation. Notably, this property boasts a spacious side access area, thoughtfully equipped with an opening gate, rendering it the ideal secure storage location for a small boat or trailer.

Throughout the year, you'll revel in the comforts of reverse cycle air-conditioning and the gentle breeze of ceiling fans, ensuring every season is enjoyed in style. The property's expansive corner block offers a abundance of outdoor space for a plethora of activities, while the outdoor entertaining space create an inviting atmosphere for hosting gatherings with family and friends.

58 Velvet Way offers but is not limited to:
• Abundance of off street parking.
• Generous 426sqm corner block.
• Four bedrooms, media room, 2 Bathroom, 2 Car
• Light filled entertaining space.
• Close proximity to Palmview State Primary School.
• Master bedroom with a serene garden outlook, walk-in robe and ultra-stylish ensuite.
• 20 Panel Solar System
• Year round comfort with reverse cycling air conditioning and ceiling fans
• Secure storage location for a small boat or trailer.
• The kitchen boasts a stunning, modern design with attention to aesthetics and functionality.
• Internal floor area 198.6m2

Property History for 58 Velvet Way, Palmview, QLD 4553

A timeline of how this property has performed in the market
Last Sold
$815,000
11 Nov 2023
  • 11 Nov 2023
    Sold for $815,000
  • 18 Oct 2023
    Listed for Sale Auction on site Saturday 11 November at 12pm
  • 11 Aug 2020
    Sold for $297,500

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About Palmview 4553

The size of Palmview is approximately 18.6 square kilometres. It has 4 parks covering nearly 6.1% of total area. The population of Palmview in 2011 was 573 people. By 2016 the population was 880 showing a population growth of 53.6% in the area during that time. The predominant age group in Palmview is 40-49 years. Households in Palmview are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Palmview work in a trades occupation. In 2011, 78.6% of the homes in Palmview were owner-occupied compared with 83.9% in 2016.

Palmview has 3,750 properties. Over the last 5 years, Houses in Palmview have seen a 37.26% increase in median value, while Units have seen a 23.33% increase. As at 31 August 2024:

  • The median value for Houses in Palmview is $842,890 while the median value for Units is $824,072.
  • Houses have a median rent of $700.
There are currently 26 properties listed for sale, and 11 properties listed for rent in Palmview on OnTheHouse. According to CoreLogic's data, 282 properties were sold in the past 12 months in Palmview.

Suburb Insights for Palmview 4553

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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.