8/18 Mawarra St, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 521m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in September 2013.
INVEST OR NEST - YOU CHOOSE!
Canny investors will recognise the potential of this well presented and bright 2 bedroom front unit situated close to transport, shops and beach.Located in the popular North Palm Beach area, this unit also offers a care free lifestlye for those wishing to downsize.In a block of 8 units it offers low body corporate fees of $18pw, 2 generous bedrooms, open plan lounge, dining, kitchen area, north facing balcony and a single carpot.This unit is currently leased at $270pw by an excellent tenant who would consider re-leasing at the end of the tenancy.Due to the fact that this property is leased, inspections will be by appointment only.
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 10,648 properties. Over the last 5 years, Houses in Palm Beach have seen a 76.19% increase in median value, while Units have seen a 97.62% increase. As at 28 February 2026:
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