26 Molucca AvenuePalm Beach QLD 4221
Property Details for 26 Molucca Ave, Palm Beach
26 Molucca Ave, Palm Beach is a 6 bedroom, 4 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 506m2 and floor size of 320m2. While the property is not currently for sale or for rent, it was last sold in October 2011.
Last Listing description (November 2011)
Palm Beach Bargain - 200 metres to the Beach!
Located in a tightly held pocket of Southern Palm Beach this property represents superb value for money. Registered as two separate flats with a combined rental income of between $500 - $600 per week or perfect as a family home with the ideal setup for in-law/teenage accommodation. A third option would be to live upstairs and rent downstairs (current rent of $250 per week) to offset the mortgage, etc. Set on a level 506sqm block with residential choice zoning adding further options for future development.
* Upstairs features two bedrooms, one bathroom, kitchen and spacious open plan living
* Downstairs has been recently renovated and features a fresh kitchen and bathroom, spacious
bedroom and good size living with its own separate entrance
* Large grassed backyard with plenty of room for a pool and for the kids to run around
* The property has been an investment property so even though it is in a very presentable condition,
there is a wonderful opportunity to update and reap the rewards of future capital growth.
A unique property in a great location where properties are highly sought after. Minutes to the beach, estuary, Laguna Park, schools, transport and the Palm Beach CBD and cafe strip. Priced for immediate sale.
Sustainability Declaration available from PRDnationwide Palm Beach.
Additional feature/s - Close to Schools.
Property History for 26 Molucca Ave, Palm Beach, QLD 4221
- 19 Oct 2011Sold for $510,000
- 18 Sep 2011Listed for Sale OFFERS OVER $515,000
- 13 Nov 2000Sold for $194,000
Recent sales nearby
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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 10,658 properties. Over the last 5 years, Houses in Palm Beach have seen a 75.82% increase in median value, while Units have seen a 88.91% increase. As at 31 March 2026:
- The median value for Houses in Palm Beach is $2,082,311 while the median value for Units is $1,209,995.
- Houses have a median rent of $1,100 while Units have a median rent of $800.
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