3/16 Sarawak AvenuePalm Beach QLD 4221
Property Details for 3/16 Sarawak Ave, Palm Beach
3/16 Sarawak Ave, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 62m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
Last Listing description (January 2020)
This apartment is an ideal choice for an investment opportunity or first home buyers as it offers excellent returns and very low outgoings.
Set in a single level block of three units, this stunning home has just been fully renovated with brand new kitchen, bathroom, laundry, freshly painted, new carpets, new floorboards and brand-new private alfresco decking area to sit and enjoy a coffee while relaxing in the morning sun.
Only a short stroll to the Southern Gold Coast Favourite Farmers Market, beaches, parks and shopping centres this opportunity is one that you don't want to miss!
-Solid Brick Construction
-Fully Renovated Throughout
-Generous Living and Dining areas
-Lovely bedrooms with built in robes
-Brand new carpet and paint
-Fully Renovated Kitchen, Bathroom and Laundry
-Private Decking area with sea breezes
-Air Conditioned and ceiling fans throughout
-Very low body corp less than $20 per week
-PBC Catchment Zone
-2 minute walk to Farmers Markets
-2 minute walk to the Pines Shopping Centre
-5 minute walk to local beach
Property History for 3/16 Sarawak Ave, Palm Beach, QLD 4221
- 11 Nov 2019Sold for $365,000
- 09 Oct 2019Listed for Sale Offers Over $379,000
- 01 Dec 2016Listed for Sale $250,000+
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0About 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 10,650 properties. Over the last 5 years, Houses in Palm Beach have seen a 66.26% increase in median value, while Units have seen a 83.67% increase. As at 30 April 2026:
- The median value for Houses in Palm Beach is $2,059,287 while the median value for Units is $1,214,604.
- Houses have a median rent of $1,150 while Units have a median rent of $800.
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