506/2 Mawarra St, Palm Beach is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces and was built in 2023. The property has a floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Apartment sold in Palm Beach in the last 12 months.
Positioned on Level 5 of the tightly held Palm Beach Residences, this near-new apartment offers an elevated coastal lifestyle just over 100 metres from the beach. Open-plan living, kitchen and dining zones are thoughtfully composed with high-end finishes and clean architectural lines, flowing seamlessly to a covered balcony via floor-to-ceiling stacking glass sliders from both the living area and master suite. Two well-sized bedrooms and two elegant bathrooms complete the layout, ideal for everyday living or a low-maintenance coastal escape.
Beyond the interiors, the outlook becomes a defining feature. Panoramic hinterland views unfold above the treetops, delivering spectacular sunsets and a sense of privacy and openness rarely found this close to the shoreline. As the light shifts throughout the day, the home feels quietly connected to its natural surrounds, with elevation and aspect enhancing both comfort and calm, and the beach just moments away for effortless strolls along the sand.
Palm Beach Residences is a beautifully appointed, amenity-rich building with secure parking, lift access, resort-style pool, sauna, residents' lounge and dining spaces, firepit, outdoor entertaining areas and more. With the beach, schools, cafes and village conveniences just minutes away, this address captures the essence of relaxed yet sophisticated Palm Beach living.
Property Highlights:
- Level 5 apartment in the tightly held Palm Beach Residences
- Less than 3 years old and just over 100m to the beach
- Panoramic hinterland views above the treetops, capturing spectacular sunsets
- 2 generous bedrooms with built-in robes
- 2 luxurious bathrooms with floor-to-ceiling tiles and backlit mirrors
- Open-plan living, dining and kitchen with stone benchtops and elegant finishes
- Floor-to-ceiling, stacking glass sliders connecting living and master to covered alfresco balcony
- Ducted airconditioning and ceiling fans throughout for year-round comfort
- European style laundry located in the second bathroom
- Amenity-rich building with secure parking, lift access, resort-style pool, sauna, residents' lounge and dining spaces, offices, parcel lockers, outdoor showers, bike racks, firepit and outdoor entertaining areas
- Perfectly positioned near schools, cafes, village conveniences, and the beach for effortless coastal living
- Body corporate fees approx* $121 Per Week
Suburb proResidents say they love the area as it is so close to the beach and 'Talle' Creek. Walk everywhere lifestyle with easy access to all that our beautiful Gold Coast has to offer! It's a high demand area with a range of fantastic schools, parks for the kids to play and plenty of active lifestyle offerings. Its walking distance to public transport, burleigh Headlands and a range of restaurants, cafes and local hotspots. Young couples, families and retirees are attracted to Palm Beach for the relaxed friendly neighbourhood and unbeatable beach offerings. file:
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 10,652 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:
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