2/20 Mawarra St, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 184m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
You will not want to miss this opportunity. A rare purchase when it comes to ticking the investment list requirements.
Situated in a boutique block with the beach at one end of your street and the still water estuary near the other.
A small block of only 6 units
A suburb known for strong permanent rental return or holiday let opportunity's, take your pick. Imagine starting each morning with an invigorating swim, surf or beach walk. Every day is a holiday with the sun, sand and sunshine as part of your daily ritual.
Rent $615 pw
Lease exp March 2025
Rates $856 per 6 months approx.
Water $376 per 3 months approx.
BC $1315 per 6 months approx.
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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 10,651 properties. Over the last 5 years, Houses in Palm Beach have seen a 76.19% increase in median value, while Units have seen a 97.62% increase. As at 28 February 2026:
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