118 Cypress TerracePalm Beach QLD 4221
Property Details for 118 Cypress Tce, Palm Beach
118 Cypress Tce, Palm Beach is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 589m2 and floor size of 111m2.
Last Listing description (October 2022)
This beach cottage, rich with charm and character, is on the market for the first time in 62 years.
Neighboring the nightlife, cafes & shopping of Palm Beach but also only a few minutes' walk to the sand of our world famous beaches homes with position such as this do not come to market often. With the best of Palm Beach on offer at your fingertips this home offers lifestyle that leaves little to be desired.
Perched on a 589m medium density block; 118 Cypress Terrace differs from your usual beach cottage due to its generous block size. If you have been searching for a blue-chip investment or somewhere to build your forever-home then look no further.
- 1960 beach cottage with 3 bedrooms, 1 bathroom and single lockup garage
- 589m block of 9.9m frontage zoned medium density (RD4), height limit 9m
- 3 minute walk to Palm Beach CBD; a multitude of eateries, amenities, retail outlets, businesses and a major supermarket
- 4 minute walk to the sandy beaches
- 12 minute drive to Coolangatta Airport
- Currently tenanted until January 2023 at $600pw
- Council rates approximately $3,222 per year
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Property History for 118 Cypress Tce, Palm Beach, QLD 4221
- 08 Aug 2022Listed for Sale Contact Agent
- 11 Sep 2009Listed for Rent - Price not available
- 25 Feb 2009Listed for Rent - Price not available
Recent sales nearby
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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 10,632 properties. Over the last 5 years, Houses in Palm Beach have seen a 93.73% increase in median value, while Units have seen a 106.93% increase. As at 31 January 2026:
- The median value for Houses in Palm Beach is $2,061,300 while the median value for Units is $1,197,596.
- Houses have a median rent of $920 while Units have a median rent of $820.
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