1/29 Leyte Avenue, Palm Beach, QLD 4221 | Property Value & History | OnTheHouse
OFF MARKET

1/29 Leyte Avenue
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 87m2
Land area: 114m2
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Last updated 19 Jan 2026
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Property Details for 1/29 Leyte Ave, Palm Beach

1/29 Leyte Ave, Palm Beach is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1986. The property has a land size of 114m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
1986
Floor Size
87m2
Land Size
114m2
Local Government
Gold Coast City
Lot/Plan
1/GTP232

Last Listing description (February 2023)

Whilst the formal floor plan of this single level duplex is the regular lay-out we all know so well, this one comes with a twist.

On title, Unit 1 owns both garages attached to the property. Unit 1 then grants Unit 2 exclusive use of one garage under a 99-year registered lease (with 55 years remaining).

The lock-up garage for Unit 1 has internal access into the house and its currently re-configured into two separate parts.

One section is used for Unit 1 general storage, accessed from the driveway side of the residence. The other section is a multi-purpose room accessed internally directly from the second bedroom.

This arrangement gives great space and flexibility. It can also be returned to original-use garage quickly and easily, if required.

Perfectly suited to investors, first home buyers, small families, or retirees.

The spacious, and fenced courtyard is private and perfect for entertaining guests, kids and pets.

- Updated kitchen with ample storage and bench space
- Combined living and dining area
- Two bedrooms with built-in robes
- Split system air conditioning in the main bedroom and the living room
- Ceiling fans in the bedrooms and the living room
- Skylights in every room illuminate and vitalise the home
- Good size bathroom
- Separate laundry room with storage adjacent to the kitchen and external access to outdoors
- Off street parking in front of the re-purposed garage
- Spacious front courtyard suitable for kids play, pets, BBQs and entertaining guests
- Located in a quiet street and so close to everything, including the beach, Saturday farmer's markets, shops, parks and so much more
- Close to Palm Beach Currumbin State High School, sports clubs and facilities.
- Pet friendly
- Garden shed
- No Body Corporate fees except the annual building insurance (shared with Unit 2)
- Current lease: $430pw expires 31 Jan 2023
- Rent potential: $650pw approx.
- Water Rates: $1,400pa approx.
- Shared Building Insurance: $1,540pa approx.

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Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Property History for 1/29 Leyte Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$665,000
26 Nov 2022
  • 26 Nov 2022
    Sold for $665,000
  • 17 Nov 2022
    Listed for Sale Contact Agent
  • 19 Nov 2012
    Sold for $292,000
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About Palm Beach 4221

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 10,627 properties. Over the last 5 years, Houses in Palm Beach have seen a 95.91% increase in median value, while Units have seen a 113.42% increase. As at 31 December 2025:

  • The median value for Houses in Palm Beach is $2,048,752 while the median value for Units is $1,194,598.
  • Houses have a median rent of $920 while Units have a median rent of $820.
There are currently 82 properties listed for sale, and 34 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 540 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.