1048-1050 Gold Coast Highway & 2 First Avenue, Palm Beach, QLD 4221 | Land for sale | OnTheHouse
FOR SALE
Expressions Of Interest

1048-1050 Gold Coast Highway & 2 First Avenue
Palm Beach QLD 4221

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1257m2
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Prime Development Opportunity - 1048-1050 Gold Coast Highway & 2 First Avenue, Palm Beach

A truly rare and significant development opportunity in one of Palm Beach's most tightly held pockets.
Spanning an impressive 1,257m2 of combined medium-density land, this amalgamated site offers unmatched exposure, dual street frontage, and the potential for ocean views from just three levels up.
Positioned with a commanding corner aspect, the property enjoys outlooks up Laceys Lane and is surrounded by established high-quality apartment buildings. Smaller blocks along the Gold Coast Highway have already seen 9-storey developments, confirming the strong precedent and potential for future growth and uplift.
Set just moments from the beach, Palm Beach's vibrant dining precinct, and major transport routes, this site presents the perfect canvas for a landmark residential or mixed-use project in a blue-chip coastal location.
Site Breakdown
- 1048-1050 Gold Coast Highway, Palm Beach
- Land Area: 824m2
- Frontage: 20 metres to the Gold Coast Highway
- Zoning: Medium Density Residential (RD5)
- Prominent corner position with dual access and strong visual exposure
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Property Details for 1048-1050 Gold Coast Highway & 2 First Ave, Palm Beach

Building Type
Land
Land Size
1257m2
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About Palm Beach 4221

The size of Palm Beach is approximately 6.3 square kilometres. It has 12 parks covering nearly 16.0% of total area. The population of Palm Beach in 2016 was 14654 people. By 2021 the population was 16349 showing a population growth of 11.6% in the area during that time. The predominant age group in Palm Beach is 30-39 years. Households in Palm Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation.In 2021, 60.60% of the homes in Palm Beach were owner-occupied compared with 55.20% in 2016.

Palm Beach has 10,588 properties. Over the last 5 years, Houses in Palm Beach have seen a 90.23% increase in median value, while Units have seen a 111.90% increase. As at 30 November 2025:

  • The median value for Houses in Palm Beach is $2,030,005 while the median value for Units is $1,189,262.
  • Houses have a median rent of $915 while Units have a median rent of $800.
There are currently 66 properties listed for sale, and 29 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 540 properties were sold in the past 12 months in Palm beach.

Suburb Insights for Palm Beach 4221

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Omar Mian
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Sean Weill
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AMIR PRESTIGE GROUP
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.