12 Palm Tree Crescent, Caves Beach, NSW 2281 | Property Value & History | OnTheHouse
OFF MARKET

12 Palm Tree Crescent
Caves Beach NSW 2281

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 203m2
Land area: 871m2
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Property Details for 12 Palm Tree Cres, Caves Beach

12 Palm Tree Cres, Caves Beach is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1998. The property has a land size of 871m2 and floor size of 203m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1998
Floor Size
203m2
Land Size
871m2
Local Government
Lake Macquarie
Lot/Plan
305/DP841163

Last Listing description (October 2024)

Defined by its striking octagonal tri-level design and breathtaking views, this one-of-a-kind home delivers the ultimate lifestyle package in a secluded sea AND tree-change location. Designed to take full advantage of its elevated setting and off-shore breeze, the home is cleverly laid out. Garaging, a rumpus/bar area, a study, a bedroom and bathroom are on ground level, another two bedrooms, a bathroom and impressive social zones fill the mid-level, and a spectacular top-floor mezzanine with parent's retreat including a living space is the icing on the cake. Each level is connected via a spiral staircase, ceilings soar and feature exposed Oregon beams, and a full-length verandah wraps the home's perimeter ? it's truly remarkable in its design. Beautifully proportioned with spaces to retreat to or commune with family and friends, here is a home that includes every extra for the finest living experience.

- Unique cul-de-sac home that could easily be a contender in the "Grand Designs" TV series

- Quiet location surrounded by nature, backing onto reserve, and flaunting a view of Swansea Channel and Redhead Bluff
- Three superb living spaces including a ground level bar featuring a commercial 4 tap beer system
- Chef's kitchen boasts an 900mm oven with gas cooktop, Miele dishwasher and Rosewood cupboard doors
- Four bedrooms including a top-floor parent's retreat with a living area and ensuite with bath
- Exquisite materials used throughout, including Oregon ceiling beams, a custom bath built from Blue Gum, Cypress and Blue Gum flooring plus Italian travertine tiles, Australian Red Cedar benchtops in bathrooms and laundry
- Raked ceilings, electric raised windows, wall and ceiling paneling, French doors, and huge voids enhancing spaciousness
- Paved outdoor area for alfresco dining
- Oversized double garage with upgraded epoxy floor, extra parking bays outside
- Close to several magnificent beaches and a short walk from shops, a playground, and pre, primary and high schools
- 1400m to Caves Beach Surf Lifesaving Club

Property History for 12 Palm Tree Cres, Caves Beach, NSW 2281

A timeline of how this property has performed in the market
Last Sold
$1,150,000
09 Nov 2023
  • 15 Jul 2024
    Listed for Rent $750 / week
  • 09 Nov 2023
    Sold for $1,150,000
  • 27 Oct 2023
    Listed for Sale $1,150,000
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About Caves Beach 2281

The size of Caves Beach is approximately 2.6 square kilometres. There are 7 parks, covering nearly 27.4% of the total area. The population of Caves Beach in 2016 was 4054 people. By 2021 the population was 4016 showing a population decline of 0.9% in the area during that time. The predominant age group in Caves Beach is 60-69 years. Households in Caves Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caves Beach work in a professional occupation.In 2021, 79.30% of the homes in Caves Beach were owner-occupied compared with 80.40% in 2016.

Caves Beach has 1,978 properties. Over the last 5 years, Houses in Caves Beach have seen a 54.79% increase in median value, while Units have seen a 28.10% increase. As at 31 May 2026:

  • The median value for Houses in Caves Beach is $1,345,585 while the median value for Units is $986,665.
  • Houses have a median rent of $800 while Units have a median rent of $663.
There are currently 26 properties listed for sale, and 2 properties listed for rent in Caves beach on OnTheHouse. According to Cotality's data, 77 properties were sold in the past 12 months in Caves beach.

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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.