50 Mallawa Drive, Palm Beach, QLD 4221 | Property Value & History | OnTheHouse
 
OFF MARKET

50 Mallawa Drive
Palm Beach QLD 4221

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 774m2
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Property Details for 50 Mallawa Dr, Palm Beach

Building Type
Land
Land Size
774m2
Local Government
Gold Coast City
Lot/Plan
285/WD5207

Last Listing description (July 2019)

This prime vacant waterfront block is an extremely rare offering to the market. The block is located at the northern end of Palm Beach's premier waterfront street and faces north east to pristine crystal clear water.
The large flat block has its own sandy beach and access to the Tallebudgera estuary and the ocean which are both in very close proximity.
There are a number of new, multi-million dollar homes that have already been built in the street with the owners being attracted to the north easterly access, the clean tidal water and the very close proximity to the beach, Tallebudgera estuary and Burleigh headland.

The site would be ideal for a buyer looking to build a substantial new home and not be burdened by the compromises of renovating.
Located in an extremely sought after area with all the restaurants, cafes and amenities that the beachside suburb of Palm Beach has to offer.

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Property History for 50 Mallawa Dr, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,220,000
25 Jun 2019
  • 25 Jun 2019
    Sold for $1,220,000
  • 26 Sep 2018
    Listed for Sale Not Disclosed
  • 03 Nov 2017
    Sold for $1,150,000
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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 10,627 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.
There are currently 83 properties listed for sale, and 27 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 535 properties were sold in the past 12 months in Palm beach.

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