506/2 Mawarra Street, Palm Beach, QLD 4221 sold on 03 February 2026 | OnTheHouse
SOLD
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Sold on 03 Feb 2026 for $1,085,000

506/2 Mawarra Street
Palm Beach QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
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Property Details for 506/2 Mawarra St, Palm Beach

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.

Building Type
Apartment
Year Built
2023
Floor Size
86m2

Last Listing description (February 2026)

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:

Property History for 506/2 Mawarra St, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$1,085,000
03 Feb 2026
  • 03 Feb 2026
    Sold for $1,085,000
  • 21 Jan 2026
    Listed for Sale Contact Agent
  • 01 Dec 2020
    Sold for $494,000
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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 10,628 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 88 properties listed for sale, and 24 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 531 properties were sold in the past 12 months in Palm beach.

Suburb Insights for Palm Beach 4221

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Luci Smart
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John Reid Real Estate
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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.