17 Sixth AvenuePalm Beach QLD 4221
Property Details for 17 Sixth Ave, Palm Beach
Last Listing description (August 2015)
An exciting property with maximum street exposure, this modern commercial premises spans two levels and is centrally located close to the buzzing caf s and shops of Palm Beach. The tenant (McGrath) have signed a new 5 x 5 year lease with 4% increase each year from June 2015. The net cash return from June this year will be $98,641.00 per annum.
Property History for 17 Sixth Ave, Palm Beach, QLD 4221
- 01 Apr 2021Sold for $2,125,000
- 07 Aug 2015Sold for $1,350,000
- 02 Feb 2015Listed for Sale Not Disclosed
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 10,626 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.
Suburb Insights for Palm Beach 4221
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