28 Mallawa Drive, Palm Beach, QLD 4221 | House for sale | OnTheHouse
 
FOR SALE
Must be Sold | $3,400,000 +

28 Mallawa Drive
Palm Beach QLD 4221

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 341m2
Land area: 734m2
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A rare opportunity to secure a prime waterfront holding in one of Palm Beach's most exclusive enclaves

Properties of this calibre are becoming increasingly difficult to secure. Occupying an oversized 734sqm waterfront allotment with a prized north-east aspect and approximately 15.9 metres of private sandy beach frontage, this is an exceptional opportunity to secure a prime waterfront holding in one of Palm Beach's most exclusive enclaves.
Whether your vision is to enjoy the beautifully maintained residence, renovate to suit your lifestyle or create a brand-new waterfront home (STCA), the enduring value lies in the irreplaceable combination of land, location and lifestyle. Opportunities offering this level of flexibility, waterfront living and long-term potential are becoming increasingly rare.
The existing two-storey residence offers five bedrooms, three bathrooms and multiple living areas, with open-plan living extending through bi-fold doors to a covered alfresco overlooking the pool, expansive backyard and private sandy beach. Complete with secure boat or caravan storage, the home is perfectly equipped for relaxed waterfront living.
Just moments from Tallebudgera Creek, surf beaches, cafés, restaurants and quality schools, this is an increasingly rare opportunity to secure a premier waterfront address with the flexibility to enjoy today and realise its full potential for years to come.
Property Features:
• Oversized 734sqm waterfront allotment with prized north-east aspect
• Approximately 15.9 metres of private sandy beach frontage
• Exceptional opportunity to renovate, rebuild or enjoy immediately
• Beautifully maintained two-storey residence with five bedrooms and three bathrooms
• Multiple living areas designed for growing families
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Property Details for 28 Mallawa Dr, Palm Beach

28 Mallawa Dr, Palm Beach is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 734m2 and floor size of 341m2. The place is currently for sale with COASTAL°.

Building Type
House
Floor Size
341m2
Land Size
734m2
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About Palm Beach 4221

The size of Palm Beach is approximately 6.3 square kilometres. There are 12 parks, covering nearly 16.0% of the 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 10,722 properties. Over the last 5 years, Houses in Palm Beach have seen a 60.46% increase in median value, while Units have seen a 68.59% increase. As at 31 July 2026:

  • The median value for Houses in Palm Beach is $2,152,258 while the median value for Units is $1,194,384.
  • Houses have a median rent of $1,150 while Units have a median rent of $850.
There are currently 120 properties listed for sale, and 42 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 554 properties were sold in the past 12 months in Palm beach.

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Lochie Torpy
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Sean Lewis
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