8 Palana Rd, City Beach is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 809m2 and floor size of 230m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in City Beach in the last 12 months.
End this year by securing the best City Beach can offer: CONTEMPORARY BEACH BUNGALOW ENTRY LEVEL PRICED PROPERTY (more photos to follow)A RARE ADDRESS IN OLD CENTRAL CITY BEACH UNLIMITED POTENTIAL FOR EQUITY AND GROWTHIn one of the most sought-after neighbourhoods of Old Central City Beach, on the hilltop overlooking Windarra estate and the ocean, a landholding sitting 46 metres above the sea level, across the beach restaurants, City Beach oval, and next to City Beach primary school.The house is an original beach bungalow with under croft garage, refurbished and modified to meet the standards of a modern family through ample space indoors and outdoors and a beautiful swimming pool! Designed with the future in mind, the house boasts a provision for a second storey that promises uninterrupted panoramas of the azure waters stretching to the horizon.At the heart of this abode is a captivating fusion of the kitchen, open living, and dining area - a space where family and friends naturally gather to create cherished memories. The seamless integration of these key living spaces ensures a harmonious flow, while high ceilings and wood floors add an air of sophistication.For those seeking a more intimate retreat, a second living area awaits, complete with an open fireplace that invites warmth and conversation. This thoughtfully designed home comprises four bedrooms and two bathrooms, providing ample space for both relaxation and rejuvenation.You can:- Live in and enjoy from day 1 - Invest, rent it out, and see the value of your investment growing - Build your dream home in one of the most sought-after locations, gifted with eternal ocean views(Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent)
The size of City Beach is approximately 10 square kilometres. It has 27 parks covering nearly 54% of total area. The population of City Beach in 2011 was 6,356 people. By 2016 the population was 6,641 showing a population growth of 4.5% in the area during that time. The predominant age group in City Beach is 10-19 years. Households in City Beach are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in City Beach work in a professional occupation. In 2011, 79.9% of the homes in City Beach were owner-occupied compared with 80.6% in 2016.
City Beach has 2,512 properties. Over the last 5 years, Houses in City Beach have seen a 82.84% increase in median value, while Units have seen a 90.02% increase. As at 31 October 2024:
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