198 Mallawa Drive, Palm Beach, QLD 4221 | Property Value & History | OnTheHouse
OFF MARKET

198 Mallawa Drive
Palm Beach QLD 4221

Bedrooms: 6
Bathrooms: 4
Car spaces: 5
Floor area: 394m2
Land area: 804m2
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Property Details for 198 Mallawa Dr, Palm Beach

Building Type
Land
Year Built
2023
Floor Size
394m2
Land Size
804m2
Local Government
Gold Coast City
Lot/Plan
1088/RP127195

Last Listing description (September 2025)

Standing proud in Palm Beach, this one-of-a-kind architectural marvel presides over a private sandy beach and wide tidal waterway. This brand-new property presents a unique opportunity to experience a level of detail and quality that is rarely observed.

No thought or expense was spared in the creation of the modern, Scandinavian barn-style masterpiece. From polished concrete floors and travertine benchtops to soaring vaulted ceilings and custom joinery, every inch of the bright and airy two-level interior is devoted to achieving the perfect balance of comfort and luxury craftsmanship.

Facing north-east, the home captures sea breezes that keep it naturally cool during summer, while wide water views and natural light cascade in through full-height glass and a 9m tall void. The designer kitchen is an entertainer's delight and showcases a butler's pantry, high- end appliances and a bespoke-built 3.6m island bench.

Stacker doors slide back effortlessly to embrace seamless indoor-outdoor living and open out to an enviable waterside alfresco area with built-in barbeque, offering a comfortable and shaded setting in which to relax or dine between dips in the sun-bathed pool or spa.

The upper level is dedicated to unwinding and relaxation, hosting a media room and four deluxe bedrooms, including a lavish waterfront master suite. Enjoying a secluded position on the lower level is a guest wing with two bedrooms, a kitchenette, living room, and terrace.

Highlights:

- Modern, Scandinavian barn-style home with a pitched roof, German Schmear finish and large panel cladding.

- Brand-new residence crafted by an architect, interior designer, landscape architect, and lighting architect.

- North-east position with 18.1m frontage to sandy beach and wide water

- Alfresco entertaining terrace with built-in BBQ, fridge, sink and travertine benchtop.

- Fully-tiled and heated mineral pool with glass edge plus spa; waterfront firepit area.

- Open plan living and dining area with Cheminees Philippe fireplace, television and slider doors that deliver a seamless flow outdoors.

- Buffet bar features ZipTap with sparkling water, integrated Liebherr wine fridge and storage

- Superb designer kitchen with 3.6m travertine island bench, integrated Fisher & Paykel fridge, quality Miele appliances including teppanyaki, induction and gas cooktop, two ovens, microwave/grill and two dishwashers.

- Fully equipped butler's pantry with built-in Miele coffee machine

- Spacious and superb master suite with fireplace, walk-in robe, modern ensuite with dual showers and free-standing bath and private balcony with garden

- Two large bedrooms with built-in robes and desks, serviced by a main bathroom with bathtub and shower.

- Fourth bedroom with large built-in desk, walk-through robe and ensuite with shower

- Media room with built-in cabinetry, glass doors and water views

- Laundry with travertine benchtops, two Bosch washing machines, Bosch dryer, sink and built-in cabinetry.

- Downstairs powder room

- Luxurious Astra Walker tapware, travertine benchtops, exquisite custom joinery and LED lights

- Hardwood floors upstairs, polished concrete floors downstairs.

- Laundry chute; block-out blinds with sheers throughout

- Zoned and ducted air-conditioning; ceiling fans

- Outdoor area with olive hedges, turf and shower

- Triple garage capable of housing caravan, with ample secure off-street parking behind electric gate.

- Private guest wing with living area, two bedrooms, bathroom, kitchenette and patio with seating that over looks the pool and river.

- 15KW solar system and fully automated watering system.

- Integrated security and camera system.

Anchored on a pristine tidal estuary off popular Tallebudgera Creek, and with ocean access, this aquatic playground is perfect for boating, paddle boarding, kayaking or fishing. Surf beaches, sporting fields, shops, and thriving coastal cafs and restaurants are close, along with schools. Accessing the M1 is also easy, and the Gold Coast Airport awaits approximately 8km away.

Application:
Interested in applying for this property? Once you have attended an inspection, or digitally inspected from our photographs, apply directly through https://www.realestate.com.au/ website -Click on the property you are interested in and simply click the 'apply now' button!

Disclaimer:
Whilst every effort has been made to ensure the accuracy of these, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 198 Mallawa Dr, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,900,000
16 Mar 2021
Listed for Rent
22 Aug 2024
  • 06 Jun 2024
    Listed for Rent $3,950 / week
  • 16 Mar 2021
    Sold for $1,900,000
  • 28 Jul 2020
    Sold for $1,200,000
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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 10,593 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 73 properties listed for sale, and 29 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 547 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.