2/5 Cypress Terrace, Palm Beach, QLD 4221 | Property Value & History | OnTheHouse
OFF MARKET

2/5 Cypress Terrace
Palm Beach QLD 4221

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 142m2
Land area: 86m2
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Property Details for 2/5 Cypress Tce, Palm Beach

2/5 Cypress Tce, Palm Beach is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2001. The property has a land size of 86m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
2001
Floor Size
142m2
Land Size
86m2
Local Government
Gold Coast City
Lot/Plan
2/SP130449

Last Listing description (October 2021)

Located in southern Palm Beach, this is your chance to create a desirable lifestyle in a premium location. With the beach less than 500 metres away and a short easy walk to trendy restaurants, cafes and shops, this coastal property is a must to inspect.

Spread over two levels, the property features three large bedrooms complete with built-ins and air-conditioning, including the master bedroom with an ensuite. The ground level is designed for entertaining with a central lounge, dining and kitchen area. A separate laundry with toilet and Internal access from the double lockup garage is also located own this level.

The property is fully fenced and includes a large private front courtyard that you can enjoy as your own private oasis, BBQ area to entertain friends and family or scope to transform the space into whatever your heart desires.

Low maintenance and secure this property is perfect for buyers looking to upsize, buyers looking to downsize from a large home but still wanting a bit of extra space or astute investors alike.

Property Features

- No body corp fees
- Three-bedrooms all with built-ins
- Two full bathrooms plus an extra powder room
- Low-maintenance courtyard great for pets
- Split system air-conditioning throughout
- Low maintenance established gardens
- Double Lock-up garage
- Close to beach, shops, schools and public transport
- Rates 1st Jan to 30th June $1,292.27
- Water 17th Dec to 24th March $466.15

These types of properties do sell fast so contact Kevin Wheatley today on 0448 009 816 to arrange an inspection!

COVID-19
Please note all inspections will be held in accordance with the Chief Medical Officers advice and Covid-19 social distancing rules including limiting the number of people inside the house at any one time. Please respect this advice and be patient as we try to assist you.

We respectfully request the following attendees please contact us to make alternative viewing arrangements:
- Person (s) feeling unwell;
- Person (s) who have been in contact with a confirmed case of COVID-19 in the last 14 days

Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Property History for 2/5 Cypress Tce, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$880,000
14 Jul 2021
Listed for Rent
$470/w
02 Sep 2019
  • 14 Jul 2021
    Sold for $880,000
  • 08 Jul 2021
    Listed for Sale Contact Agent
  • 26 Aug 2019
    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 10,626 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.
There are currently 82 properties listed for sale, and 33 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 538 properties were sold in the past 12 months in Palm beach.

Suburb Insights for Palm Beach 4221

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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.