2/40 Terebra St, Palm Cove is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1989. The property has a land size of 152m2 and floor size of 124m2.
SOLD IN THE FIRST WEEK!! THIS IS MAGICAL A REAL RARITY ... LARGE 2 BED HALF DUPLEX ON A CORNER BLOCK WITH LOADS OF PRIVATE OUTDOOR SPACE.- BIG AND WELL EQUIPPED KITCHEN WITH STONE BENCHES AND SMEG APPLIANCES.- HUGE LIVING AREA WITH RAKED CATHEDRAL CEILINGS.- TWO GOOD SIZED BEDROOMS; MASTER IS KING SIZE WITH DOORS TO PATIO- LARGE BATHROOM WITH SPA BATH & SHOWER CUBICLE- SECOND BATHROOM IS EASY ACCESS TO OUTSIDE FOR POST-BEACH OR POST-POOL SHOWERING- INTERNAL LAUNDRY- SOLAR HOT WATER- SINGLE LOCK UP GARAGE- LOCK UP STORAGE ROOM- PAVED PATIO WITH AWNING OVERLOOKING IN-GROUND PLUNGE POOL FOR COOLING OFF WITH A BEER OR SOME BUBBLES.- BIG ENTERTAINING BALI-STYLE PERGOLA WITH ROOM FOR A BIG DINING TABLE OR LOUNGES.- ALL SURROUNDED BY LUSH, WELL MAINTAINED GARDENS.AND JUST A FIVE MINUTE WALK TO PALM COVE BEACH WITH CAFES, SHOPS, BOUTIQUES, RESTAURANTS AND DAY SPAS.
The size of Palm Cove is approximately 3.6 square kilometres. There are 11 parks, covering nearly 24.5% of the total area. The population of Palm Cove in 2016 was 2059 people. By 2021 the population was 2450 showing a population growth of 19.0% in the area during that time. The predominant age group in Palm Cove is 60-69 years. Households in Palm Cove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palm Cove work in a professional occupation.In 2021, 66.80% of the homes in Palm Cove were owner-occupied compared with 57.10% in 2016.
Palm Cove has 2,883 properties. Over the last 5 years, Houses in Palm Cove have seen a 68.00% increase in median value, while Units have seen a 96.25% increase. As at 30 June 2026:
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