16 Palm Valley Drive, Byron Bay, NSW 2481 | Property Value & History | OnTheHouse
OFF MARKET

16 Palm Valley Drive
Byron Bay NSW 2481

Bedrooms: 7
Bathrooms: 3
Car spaces: 3
Land area: 651m2
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Property Details for 16 Palm Valley Dr, Byron Bay

16 Palm Valley Dr, Byron Bay is a 7 bedroom, 3 bathroom House with 3 parking spaces and was built in 1998. The property has a land size of 651m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1998
Land Size
651m2
Local Government
Byron
Lot/Plan
8/DP249851

Last Listing description (March 2022)

Nestled in a truly spectacular position, "Palm Court" with its incredible ocean views makes this beachside apartment block a once-in-a-lifetime offering.
As part of Byron Bay's most sought after enclave, there is a world of possibilities and this is all about securing the position and capitalizing on the potential.

Offered in one line and for sale for the first time in over thirty years, there are three apartments all with incredible ocean, beach, lighthouse and Wategos views. The current configuration is two whole floor apartments of 3 bedrooms and 1 bathroom and a ground floor spacious 1 bedroom, 1 bathroom apartment. Each apartment is fully self-contained and enjoys wide decks that soak up the views and a delightful east aspect that greets Australia's first light every morning. There is plenty of scope to renovate, rebuild, dual occupy or simply retain as an investment with proven significant upside potential.

The current strong holiday rental returns allow you to take your time in planning the property's future.

- entire block for sale in one line featuring 3 apartments
- set on a 664 sqm elevated block with an east aspect
- less than 150 metres to the Wategos Beach
- incredible views of Julian Rocks, The Cape Lighthouse, and the Pacific Ocean
- off-street car parking for 3 cars
- backs onto the Cape Byron Reserve

PLEASE NOTE: The property is currently holiday let and over the peak periods it's extremely hard to disturb the guests. Please allow for at least a week's notification to arrange an inspection.

Property History for 16 Palm Valley Dr, Byron Bay, NSW 2481

A timeline of how this property has performed in the market
Last Sold
$9,800,000
18 Mar 2022
Listed for Rent
$280/w
15 Oct 2009
  • 18 Mar 2022
    Sold for $9,800,000
  • 29 Oct 2021
    Listed for Sale Price Guide $9,500,000 to $ 10,000,000
  • 10 Oct 2009
    Listed for Rent - Price not available
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About Byron Bay 2481

The size of Byron Bay is approximately 19.8 square kilometres. There are 13 parks, covering nearly 25.3% of the total area. The population of Byron Bay in 2016 was 5521 people. By 2021 the population was 6330 showing a population growth of 14.6% in the area during that time. The predominant age group in Byron Bay is 30-39 years. Households in Byron Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Byron Bay work in a professional occupation.In 2021, 55.20% of the homes in Byron Bay were owner-occupied compared with 57.30% in 2016.

Byron Bay has 6,034 properties. Over the last 5 years, Houses in Byron Bay have seen a -4.11% decrease in median value, while Units have seen a 12.11% increase. As at 31 July 2026:

  • The median value for Houses in Byron Bay is $2,429,050 while the median value for Units is $1,336,173.
  • Houses have a median rent of $1,350 while Units have a median rent of $900.
There are currently 47 properties listed for sale, and 28 properties listed for rent in Byron bay on OnTheHouse. According to Cotality's data, 211 properties were sold in the past 12 months in Byron bay.

Suburb Insights for Byron Bay 2481

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Cotality Copyright and Legal Disclaimers about Property Data
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.