306/2 Mawarra Street, Palm Beach, QLD 4221 | Property Value & History | OnTheHouse
OFF MARKET

306/2 Mawarra Street
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 74m2
Land area: 1001m2
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Last updated 11 May 2026
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Property Details for 306/2 Mawarra St, Palm Beach

306/2 Mawarra St, Palm Beach is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 1001m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Floor Size
74m2
Land Size
1001m2
Local Government
Gold Coast City
Lot/Plan
306/SP321908

Last Listing description (July 2025)

Nestled within the prestigious Palm Beach Residences, this near-new, luxury apartment offers a tranquil retreat just 200m from the beach. Perfect for a range of buyers, it combines sophistication and coastal charm with the potential for a high rental return, estimated at $900 per week. Ideally situated near major infrastructure upgrades, this property promises both lifestyle appeal and future growth.

The light-filled, open-plan layout features a crisp white palette, premium finishes, and floor-to-ceiling sliding doors that maximize natural light. The sleek kitchen, located at the heart of the home, is equipped with high-quality joinery, stainless steel appliances, thick stone benchtops, and ample storage, providing both functionality and elegance.

The master suite offers terrace access, built-in storage, and a private ensuite with floor-to-ceiling tiling and an LED-lit mirror. A second spacious bedroom with built-in storage is serviced by a stylish main bathroom with an integrated laundry. Additional features include ducted air-conditioning and secure single-car parking.

Conveniently located near schools, shopping, dining, and transport, this apartment places resort-style living and the Palm Beach foreshore within easy reach, offering the ultimate blend of luxury, convenience, and investment potential.

Key Features:
-Near-new 2-bedroom, 2-bathroom apartment with secure single car space
-Just 200m to Palm Beach foreshore
-Open-plan layout with premium finishes and natural light
-Modern kitchen with stainless steel appliances and thick stone benchtops
-Covered, tiled terrace with green views
-Master suite with terrace access and private ensuite
-Stylish main bathroom with integrated laundry
-Exceptional amenities: designer pool, BBQ/pizza hub, resident's lounge with fireplace
-Close to shopping, dining, schools, and infrastructure upgrades
-High rental return potential, estimated at $900 per week
-Low body corporate fees

Exceptional Amenities
18m resort pool
Beach shower
Sauna
Private dining and boardroom
BBQs and pizza oven
Sun lounges
Zen Garden
Work from home facilities
Bicycle racks
Residents lounge with fireplace
Surfboard racks
Entertainer's deck with stone firepit

Register for your attendance for our next open home or call Danielle Sun on 0430 095 158 to book for an inspection now!

Property History for 306/2 Mawarra St, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$855,000
20 Nov 2024
  • 20 Nov 2024
    Sold for $855,000
  • 28 Oct 2024
    Listed for Sale 855000
  • 29 Apr 2024
    Listed for Sale Contact Agent
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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 10,648 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.
There are currently 98 properties listed for sale, and 22 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 558 properties were sold in the past 12 months in Palm beach.

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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.