89/85 Palm Meadows Drive, Carrara, QLD 4211 | Property Value & History | OnTheHouse
OFF MARKET

89/85 Palm Meadows Drive
Carrara QLD 4211

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 89/85 Palm Meadows Dr, Carrara

89/85 Palm Meadows Dr, Carrara is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000.

Building Type
Unit
Year Built
2000
Local Government
Gold Coast City

Last Listing description (April 2024)

Set amongst beautifully-groomed gardens, this upper level unit is in original condition offering its purchaser the opportunity to rejuvenate and financially appreciate its value.

High ceilings and open plan design accentuate the super-spacious ambience flowing from the dining area and central kitchen into the large sunlit lounge where a window wall spills out to al fresco leisure on the paved under-cover balcony. Attractive low maintenance tiled floors feature throughout this high traffic area converting to carpet in the bedrooms.

To the side of entry, a wall of bi-fold doors closes off a large air-conditioned multi-purpose room with myriad possibilities formal entertaining, a rumpus room, home office or another bedroom if required. Alongside is a spacious bedroom with mirrored robe and fan, a separate toilet and a floor to ceiling tiled bathroom with full laundry concealed behind mirrored sliding doors. The impressive king-size master bedroom features tranquil garden views, a walk-in robe, fan and fully tiled ensuite with dual vanities and spa bath.

Boasting an impressive owner occupancy ratio and offering impressive returns for investors, this securely gated meticulously tended Mediterranean style resort has on-site managers, an extremely healthy sinking fund, a low $85 per week body corporate and is pet friendly, upon application. It's also just minutes from the prestigious Palm Meadows Golf Club and in close proximity to outstanding Robina Town and Pacific Fair Shopping centres. The brilliant Star with its casino and entertainment facilities is close by, as well as cafes, premium restaurants and bars, reputable schools, sparkling patrolled beaches, the M1 and Robina and Nerang train stations.

Offering the investor an excellent return and the owner-occupier relaxed, refined living with the opportunity to substantially increase the property's value at their leisure, we highly recommend your early inspection.

POINTS:

Upper level unit in original condition. Rejuvenation opportunity
Prestigious secure gated complex with 2 pools & BBQ areas
Beautifully maintained grounds & gardens. On site managers
Excellent rental investment. Pet friendly upon approval
Low $85 per week Body Corporate. Healthy sinking fund
Open plan floor tiled living/dining areas. High ceilings
Stone benchtop kitchen, abundant cabinetry & breakfast bar
Sunlit lounge. Window wall opening onto scenic covered balcony
Bi-fold doors into large air-con. multi-purpose room + balcony
Master bedroom/walk-in robe + fan. Spa ensuite + dual vanity
2nd spacious bedroom with fan & mirrored built-in wardrobe
Fully tiled family bathroom incorporating laundry. Separate toilet
Single garage + tandem car park. Generous visitor parking
Minutes to prestigious Palm Meadows Golf Club & driving range
Close to major shopping, beaches, transport & all amenities

Property History for 89/85 Palm Meadows Dr, Carrara, QLD 4211

A timeline of how this property has performed in the market
  • 22 Feb 2024
    Listed for Sale $749,000
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About Carrara 4211

The size of Carrara is approximately 13.8 square kilometres. It has 19 parks covering nearly 26.3% of total area. The population of Carrara in 2016 was 12060 people. By 2021 the population was 13138 showing a population growth of 8.9% in the area during that time. The predominant age group in Carrara is 40-49 years. Households in Carrara are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carrara work in a professional occupation.In 2021, 70.20% of the homes in Carrara were owner-occupied compared with 67.60% in 2016.

Carrara has 6,321 properties. Over the last 5 years, Houses in Carrara have seen a 87.52% increase in median value, while Units have seen a 97.40% increase. As at 31 March 2026:

  • The median value for Houses in Carrara is $1,374,740 while the median value for Units is $992,750.
  • Houses have a median rent of $978 while Units have a median rent of $780.
There are currently 66 properties listed for sale, and 7 properties listed for rent in Carrara on OnTheHouse. According to Cotality's data, 286 properties were sold in the past 12 months in Carrara.

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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.