46 Leyte Avenue, Palm Beach, QLD 4221 | House for sale | OnTheHouse
 
FOR SALE
$1,895,000

46 Leyte Avenue
Palm Beach QLD 4221

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 194m2
Land area: 508m2
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Lifestyle, Location & Development Potential

Tucked into one of Palm Beach's most walkable pockets, this tidy three bedroom home offers a rare combination of an incredible beach lifestyle today and massive potential for tomorrow.
Prime Location
Leave the car at home, this address puts the very best of the southern Gold Coast right at your doorstep. Steps to patrolled and dog -friendly beaches, Currumbin Creek, and Palm Beach Parklands. Short drive to Burleigh Heads National Park and Currumbin Valley Rock Pools and Cougal Cascades. Stroll to trendy cafes, restaurants, farmers markets, medical services and the Pines Shopping Centre. Located in the prized PBC High school catchment area and short walk to the newly built Palm Beach Aquatic Centre. Coolangatta Airport is only a short 10 min drive away. Close to M1 - 70 min drive to Brisbane, 35 mins to Surfers Paradise and 50 mins to Byron Bay.
The Opportunity
Comfortable and practical inside and out, with a fully fenced yard and double lock up carport, this is a solid lifestyle buy in a high-demand suburb that continues to outperform the market. Live in as-is, lease out long-term to reliable tenants, or run a high-return short-term holiday rental while you draw up development plans.
Zoned Medium Density Residential, the property presents an exciting high-yielding development opportunity or land-banking asset for those looking to explore its future potential. The expansive flat backyard offers immediate scope to add a value-boosting pool or granny flat for dual income, while the zoning unlocks exciting future options to clear and build luxury duplexes (STCA). Whether you're seeking to capitalise on the site's existing use, renovate and enhance, or investigate redevelopment options (STCA), this is a property with genuine scope to add value in one of Palm Beach's tightly held and increasingly sought-after pockets.
Featuring:
- Multiple living areas – tiled and airconditioned lounge and dining area
- Three good sized bedrooms with fans, third with air conditioning
- Bathroom with separate shower and bathtub
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Property Details for 46 Leyte Ave, Palm Beach

46 Leyte Ave, Palm Beach is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 508m2 and floor size of 194m2. The place is currently for sale with McGrath Estate Agents - Palm Beach.

Building Type
House
Floor Size
194m2
Land Size
508m2
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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 10,723 properties. Over the last 5 years, Houses in Palm Beach have seen a 54.88% increase in median value, while Units have seen a 60.63% increase. As at 31 August 2026:

  • The median value for Houses in Palm Beach is $2,168,939 while the median value for Units is $1,183,367.
  • Houses have a median rent of $1,200 while Units have a median rent of $850.
There are currently 136 properties listed for sale, and 25 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 521 properties were sold in the past 12 months in Palm beach.

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Andy Hogarth
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Courtney Farrell
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McGrath Estate Agents - Palm Beach
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