2/5 Leyte Ave, Palm Beach is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 96m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Situated in one of South Palm Beach's most sought-after locations, being only moments from Laguna park/lake, trendy eateries & the beautiful beach... Location alone will have any buyer excited!
This well positioned light filled home boasts 3 bedrooms, 3 bathrooms and endless entertainment both inside & out. The covered outdoor alfresco dining, makes for an ideal space for family gatherings or just relaxing with a good book. The well-maintained kitchen features plenty of natural light and ample storage, while flowing effortlessly out to the generous sized lounge room.
Enjoy the added convenience of a bedroom and full bathroom downstairs, which is great for hosting guests. The garage has been converted to an extra living/bedroom for those needing a little bit of extra room.
For the investors, the property has been appraised at $800 - $850 per week on a permanent rental basis, or you may like to take advantage of the high demand in the short term holiday rental market, like Airbnb.
Features;
No Body Corp
Short walk to shops, parks, schools, sporting facilities and beach
Within the PBC High School catchment
Sunroom
Ensuite to main bedroom
Loads of storage
Ceiling fans
Split system aircon to Master & Living/dining
Security screens to windows and doors
Covered alfresco area
Garden shed
Easy access to M1
Location, Location, Location
500m to PBC High School
500m to The Pines Shopping Centre
1km to Elanora State School
1km to Currumbin State School
900 to the pirate park & lagoon
1km to the beach
6min to Elanora High School
10min to Gold Coast Airport
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 10,592 properties. Over the last 5 years, Houses in Palm Beach have seen a 90.23% increase in median value, while Units have seen a 111.90% increase. As at 30 November 2025:
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