4/8 Allara AvenuePalm Beach QLD 4221
Property Details for 4/8 Allara Ave, Palm Beach
4/8 Allara 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 312m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (May 2021)
Just a stones throw to miles of beautiful white sandy beaches, this renovated two bedroom unit is ideally located in a small block of only 8 units. Only a short stroll to cafes, shops, surf clubs, Tallebudgera Creek and with buzzing Burleigh Heads on your doorstep, easy access to the M1 and only a 15 minute drive to the Gold Coast International Airport and Gold Coast University.
- Situated in a small well maintained complex of only 8 units
- Open plan living and kitchen area with second balcony
- Renovated kitchen with stainless steel appliances including dishwasher
- Renovated bathroom with combined laundry and a separate toilet
- Single lock up garage with very convenient internal access to complex
- Body Corporate: $2,250 pa (approx)
- Council Rates: $1,851 pa (approx)
- Water Rates: $1,456 pa (approx)
- Rental potential $400 to $450 per week
This property presents a great investment opportunity as a high yielding property in the rising market of Palm Beach or eventually move in and enjoy the Gold Coast lifestyle.
Property History for 4/8 Allara Ave, Palm Beach, QLD 4221
- 19 Apr 2021Sold for $501,000
- 14 Apr 2021Listed for Sale Offers Over $440,000
- 19 Dec 2018Listed for Rent - Price not available
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 10,625 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.
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