SOLD
Sold on 11 Feb 2024 for $592,500

38A Palmtree Avenue
Scarborough QLD 4020

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 506m2
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Property Details for 38a Palmtree Ave, Scarborough

Building Type
Land
Land Size
506m2
Local Government
Moreton Bay
Lot/Plan
5/SP337012

Last Listing description (May 2024)

This stunning position has been tightly held in the one family for almost 90 years and now avails itself for your lifestyle pleasure.

A brief overview

-506m2

-10.059 metre frontage
-50.287 metre depth
-West facing
-Potential views from upper levels
-A few minutes walk to Southern Cross Catholic College (Primary & Senior)

On top of this we have the opportunity to build the dream home you wish for on your own terms.

Imagine strolling down to the Moreton Bay Boat Club, Morgan's Takeaway or Tempest Restaurant and having dinner and a few drinks and being able to walk home at your convenience.

On weekdays the kids to walk to and from school casually and without the stress of long drives to and from school.

This is a truly Blue Chip locality and a wonderful opportunity to for you to call home.

Up Coming Auction!

Owner's instructions are clear “Present All Written Contracts Now”

Make no mistake we are on the market to sell and to make this location your family's next home as it has wonderfully been for the current owners family all these years.

Property History for 38a Palmtree Ave, Scarborough, QLD 4020

A timeline of how this property has performed in the market
Last Sold
$592,500
11 Feb 2024
  • 11 Feb 2024
    Sold for $592,500
  • 17 Jul 2023
    Listed for Sale All Interest Over $599,000 Invited

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About Scarborough 4020

The size of Scarborough is approximately 3.3 square kilometres. It has 8 parks covering nearly 6.2% of total area. The population of Scarborough in 2011 was 7,985 people. By 2016 the population was 8,704 showing a population growth of 9.0% in the area during that time. The predominant age group in Scarborough is 50-59 years. Households in Scarborough are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Scarborough work in a professional occupation. In 2011, 57% of the homes in Scarborough were owner-occupied compared with 60% in 2016.

Scarborough has 4,949 properties. Over the last 5 years, Houses in Scarborough have seen a 81.95% increase in median value, while Units have seen a 91.02% increase. As at 31 October 2024:

  • The median value for Houses in Scarborough is $1,064,401 while the median value for Units is $895,953.
  • Houses have a median rent of $635 while Units have a median rent of $628.
There are currently 45 properties listed for sale, and 26 properties listed for rent in Scarborough on OnTheHouse. According to CoreLogic's data, 239 properties were sold in the past 12 months in Scarborough.

Suburb Insights for Scarborough 4020

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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.