1031 Barrenjoey Road, Palm Beach, NSW 2108 | Property Value & History | OnTheHouse
OFF MARKET

1031 Barrenjoey Road
Palm Beach NSW 2108

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 286m2
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Property Details for 1031 Barrenjoey Rd, Palm Beach

1031 Barrenjoey Rd, Palm Beach is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 286m2. While the property is not currently for sale or for rent, it was last sold in September 1994.

Building Type
House
Land Size
286m2
Local Government
Northern Beaches
Lot/Plan
A/DP404349

Last Listing description (May 2011)

Rare Palm Beach Commercial Space with Bonus Residential Property
INSPECT THIS SATURDAY 2 - 2:45pm (entry via 1a Iluka Road - Residential Property)
Rarely offered in Palm Beach is this commercial space that could be used as a cafe/restaurant, gallery, studio or shopfront. Currently let and used as an iconic Palm Beach cafe, ''The Greedy Goat'' cafe is zoned as a 20 seat cafe/restaurant. The current lease generates a gross income in excess of $31,500 p.a. and includes covered courtyard dining and a quality fit out. The lease is in place until mid 2012.

What makes this offering one of a kind is the the residential house to the rear of the property included in the sale (on the same title as the commercial space). This Iluka Road accessed, simple beach house, is an ideal entry level purchase for the astute buyer. Accommodation consists of 3 upstairs bedrooms, a ground floor living space, Smeg kitchen, bathroom, large open courtyard and the detached bunkhouse which can revert to a single garage for secure parking. The property would be an ideal long term rental investment and we envisage it would let out for around $550 per week (approx $28,600 p.a.).
Positioned in the sought after village area of Palm Beach, the commercial space and residential home are an easy level stroll to the shores of Pittwater and the ferry wharf. They are located on the main transport line and road entrance into Palm Beach. With both the commercial and residential let out, an investor could look at a return of approximately $60,000 p.a. in an area that is renowned for its incredible capital growth.

Property History for 1031 Barrenjoey Rd, Palm Beach, NSW 2108

A timeline of how this property has performed in the market
Last Sold
$290,000
23 Sep 1994
  • 07 Feb 2011
    Listed for Sale 1595000
  • 13 Oct 2010
    Listed for Sale Not Disclosed
  • 24 Sep 2009
    Listed for Sale $1,595,000 NEG
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About Palm Beach 2108

The size of Palm Beach is approximately 2.7 square kilometres. There are 21 parks, covering nearly 41.8% of the total area. The population of Palm Beach in 2016 was 1593 people. By 2021 the population was 1652 showing a population growth of 3.7% in the area during that time. The predominant age group in Palm Beach is 70-79 years. Households in Palm Beach are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation.In 2021, 78.60% of the homes in Palm Beach were owner-occupied compared with 75.20% in 2016.

Palm Beach has 1,440 properties. Over the last 5 years, Houses in Palm Beach have seen a -0.98% decrease in median value, while Units have seen a -0.43% decrease. As at 31 July 2026:

  • The median value for Houses in Palm Beach is $4,116,505 while the median value for Units is $1,748,608.
  • Houses have a median rent of $1,950 while Units have a median rent of $700.
There are currently 32 properties listed for sale, and 4 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 37 properties were sold in the past 12 months in Palm 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.