7 Molucca Avenue, Palm Beach, QLD 4221 | Property Value & History | OnTheHouse
OFF MARKET

7 Molucca Avenue
Palm Beach QLD 4221

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 508m2
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Property Details for 7 Molucca Ave, Palm Beach

7 Molucca Ave, Palm Beach is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1970. The property has a land size of 508m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
1970
Land Size
508m2
Local Government
Gold Coast City
Lot/Plan
415/RP86633

Last Listing description (February 2019)

Take advantage of this rare and outstanding opportunity to purchase 3 units on one title.

This property is zoned medium density residential and is ideal for duplex development. Currently there are 3 individual 2 bedroom, 1 bathroom units on this block that are not strata titled, the current tenants are paying a combined weekly rental of $910.

You could choose to renovate the existing units and increase your rental returns, or demolish the building and start again, the possibilities are endless.

These units are situated on a 508m2 block that is literally 275 metres to the beach, this is one of The Gold Coasts most highly sought after locations with the popular Pirate Park and Currumbin Estuary at your door.

Just 10 minutes to Coolangatta Airport and 5 minutes to Burleigh Heads, this property wont last long!.

Property History for 7 Molucca Ave, Palm Beach, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$900,000
23 May 2018
Listed for Rent
$275/w
30 Mar 2011
  • 23 May 2018
    Sold for $900,000
  • 14 May 2018
    Listed for Sale Interest Above $875,000
  • 21 Dec 2010
    Listed for Rent - Price not available
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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 10,591 properties. Over the last 5 years, Houses in Palm Beach have seen a 90.23% increase in median value, while Units have seen a 111.90% increase. As at 30 November 2025:

  • The median value for Houses in Palm Beach is $2,030,005 while the median value for Units is $1,189,262.
  • Houses have a median rent of $915 while Units have a median rent of $800.
There are currently 63 properties listed for sale, and 29 properties listed for rent in Palm beach on OnTheHouse. According to Cotality's data, 548 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.