1/20 Fifteenth Ave, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 284m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Unit sold in Palm Beach in the last 12 months.
This north facing, elevated, ground floor unit is situated in a small block of only 8 units, in a prime location only 200 metres to the beach in central Palm Beach.Units in small buildings in such a great location are extremely scarce, offering the astute investor a great opportunity to secure an investment with excellent capital appreciation potential. Modern kitchen with stainless steel appliances, Two generous bedrooms, both with built-in robes; Separate bathroom, separate toilet and separate laundry; Low maintenance tiles in the living area; Solid double brick construction throughout; North facing undercover balcony; Elevated ground floor position at the front of the building; Extra large single lockup garage with storage area. Low Body Corporate.The unit is currently tenanted on a fixed term lease until March 2026. Current rental return of $725 per week.This unit is in an excellent location within easy walking distance to the beach and public transport and is also close to all the shops, cafes, and restaurants that Palm Beach has to offer.
The size of Palm Beach is approximately 6.3 square kilometres. It has 12 parks covering nearly 16.0% of 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 10,641 properties. Over the last 5 years, Houses in Palm Beach have seen a 76.19% increase in median value, while Units have seen a 97.62% increase. As at 28 February 2026:
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