2/198 Cypress Terrace, Palm Beach, QLD 4221 | Property Value & History | OnTheHouse
 
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2/198 Cypress Terrace
Palm Beach QLD 4221

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 185m2
Land area: 267m2
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Last updated 2 Feb 2026
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Property Details for 2/198 Cypress Tce, Palm Beach

2/198 Cypress Tce, Palm Beach is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 267m2 and floor size of 185m2.

Building Type
House
Year Built
2009
Floor Size
185m2
Land Size
267m2
Local Government
Gold Coast City
Lot/Plan
2/SP203559

Last Listing description (November 2022)

Located just a short 250m stroll to the beach, this luxurious family abode is perfectly situated in the heart of Palm Beach offering coastal living at its absolute finest.

Architecturally designed to make the most of its enviable position, this quality-built residence features a free-flowing open plan layout and high ceilings that capture an abundance of natural light. Offering a stylish and spacious interior, you'll be sure to appreciate the privacy this home provides, whilst taking advantage of the extra perks including your very own 6-seater cinema room with built in surround sound.

Continuing upstairs the beautiful Blackbutt timber flooring leads you to the North East Facing master retreat, featuring private balcony, generous walk in robe & open planned designed en-suite, offering luxurious style and space. The remaining bedrooms offer flexibility to use as you see fit.

Central to the home is an entertainers gourmet kitchen, which is tastefully presented with stone bench tops, stainless-steel appliances & large breakfast bar, whilst the spacious lounge and dining area allows for the perfect transition of indoor and outdoor Palm Beach style living, opening out onto your very own private oasis. A welcoming retreat to relax, unwind, or entertain in the covered outdoor alfresco area, complete with built in entertaining facilities which overlooks the sparkling in-ground pool.

Approx 3m high ceilings in Kitchen/ Living & Dining & 2.55m ceilings up stairs
Architecturally designed & suspended slab construction
4 bedrooms/generous master retreat with stunning en-suite, dual basins & private balcony
Basement 2 car garage, with storage and workshop space
Large Gourmet kitchen
Main floor powder room
Large Laundry with plenty of storage and side access
Cinema/multi purpose room
Beautiful plunge pool with waterfall feature
Fully tiled outdoor walkways complemented by low maintenance gardens
Carpeted in bedrooms and cinema room
BlackButt timber flooring in entry/stairs/hallway
Ducted & zoned air conditioning throughout

Within Current Palm Beach High & Primary School Catchments
Approx - 250m walk to the beach
Pool maintenance & gardening included
Approx - 850m to trendy cafes, restaurant's, shopping centres
Approx - 900m walk to Palm Beach State School
Approx - 2.3km to PBC High School

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Property History for 2/198 Cypress Tce, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Listed for Rent
$1.35k/w
09 Nov 2022
  • 24 Oct 2022
    Listed for Rent $1,350 / week
  • 10 May 2021
    Listed for Rent $1,400 / week
  • 08 Oct 2009
    Listed for Rent - Price not available
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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 87 properties listed for sale, and 25 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 549 properties were sold in the past 12 months in Palm beach.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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