42 Fifth Avenue, Palm Beach, QLD 4221 | House for sale | OnTheHouse
 
FOR SALE
Due for Completion April 2027

42 Fifth Avenue
Palm Beach QLD 4221

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 286m2
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Fortuna Palms - Where Luxury Finds its True North

Rare in scale.
Rare in outlook.
Even rarer in opportunity.
Perfectly positioned to capture sweeping views towards Burleigh Headland, Fortuna Palms sets a new benchmark for family living in Palm Beach - combining exceptional scale, architectural excellence and effortless coastal luxury. Featuring four bedrooms, two bathrooms, two powder rooms and secure parking for three vehicles plus a dedicated jet ski space. Designed by award-winning Koda Design and now under construction by locally renowned luxury builder Shoredan Projects, this landmark freehold residence has been created for families who refuse to compromise on space, privacy or quality. Scheduled for completion in April 2027, Fortuna Palms presents a rare opportunity to secure a brand-new home where timeless design, craftsmanship and liveability take centre stage.
A striking architectural façade introduces natural stone detailing, lush tropical landscaping and a dramatic double-height alfresco where stone rises seamlessly to the second level beneath overhead skylights. At the heart of the home, an extraordinary approximately 9m x 10m living and dining space commands an elevated outlook across the resort-inspired entertaining zone, where the custom alfresco, magnesium pool and tropical gardens combine to create a private sanctuary below.
From first light through to sunset, the residence is immersed in natural light, creating warmth and openness throughout every level. The chef's kitchen features dual ovens, integrated refrigeration, an oversized butler's pantry and a separate wet bar - designed for both grand entertaining and everyday family living. Positioned to capture elevated views towards Burleigh Headland, the expansive approximately 70m² master retreat offers a peaceful sanctuary complete with a generous walk-in robe, resort-inspired ensuite and private daybed retreat.
Designed to evolve with modern family life, multiple living zones, a private lift, integrated laundry chute, extensive storage and secure gated entry ensure the home balances luxury with everyday practicality. A dedicated wellness studio with gym and two-person sauna further reinforces the home's focus on health and wellbeing. Beyond secure parking, the oversized third garage has been conceived as a flexible lifestyle pavilion - ideal as a luxury vehicle gallery, surfboard room, media lounge, home office or an extension of the ground-floor entertaining space.
Fortuna Palms has been conceived as a long-term family sanctuary, balancing architectural excellence, wellness and effortless coastal living in one of Palm Beach's most tightly held beachside locations. Offering a level of scale, privacy and liveability rarely found this close to the coastline, it represents a rare opportunity to secure one of Palm Beach's defining new residences.
Property Specifications:
• Landmark freehold residence on approximately 350m² across three levels with private lift
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Property Details for 42 Fifth Ave, Palm Beach

42 Fifth Ave, Palm Beach is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 286m2. The place is currently for sale with COASTAL°.

Building Type
House
Land Size
286m2
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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 10,705 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 123 properties listed for sale, and 41 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 557 properties were sold in the past 12 months in Palm beach.

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