5/8 Nyrang Avenue, Palm Beach, QLD 4221 | Property Value & History | OnTheHouse
OFF MARKET

5/8 Nyrang Avenue
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 189m2
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Last updated 18 May 2026
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Property Details for 5/8 Nyrang Ave, Palm Beach

5/8 Nyrang Ave, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 189m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
1982
Land Size
189m2
Local Government
Gold Coast City
Lot/Plan
5/BUP4877

Last Listing description (October 2023)

Situated within a stones throw of Palm Beach, Tallebudgera Surf Club, and the highly sought after Tallebudgera Creek, all this is only 200 metres away from this renovated two bedroom unit which is sure to impress you. This property is part of a block of only 9 units, ideal for investors, downsizes and first home buyers alike.Features include:- New kitchen and appliances- New timber laminate flooring- Freshly painted throughout- New carpet and window coverings in each bedroom- Freshly renovated bathroom- Air-conditioned with new ceiling fans and light fittings- Good sized balcony capturing North Easterly aspect- Located on level one, middle front position- Secure parking with remote carpark door- Large communal storage area- Low body corporate $30 per week approx.- Council rates $1200 per annum approx.- Water rates $1200 per annum approx.- Rental return $500 per week- Numerous bus routes on your doorstep- Built in 1982With record low interest rates, high rental demands, increasing population and major infrastructure occurring on the Gold Coast - There may never be a better time to buy property in highly sought after Palm Beach.Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. * denotes approximate measurements.

Property History for 5/8 Nyrang Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$530,000
11 Jun 2021
Listed for Rent
$300/w
18 Jan 2013
  • 11 Jun 2021
    Sold for $530,000
  • 26 Mar 2021
    Listed for Sale $544,000
  • 12 Mar 2020
    Sold for $435,000
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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 10,650 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.
There are currently 93 properties listed for sale, and 26 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 560 properties were sold in the past 12 months in Palm beach.

Suburb Insights for Palm Beach 4221

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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.