4 Oliva StreetPalm Cove QLD 4879
Property Details for 4 Oliva St, Palm Cove
Last Listing description (April 2025)
Situated in a quiet residential street, just one back from the iconic Palm Cove Esplanade, this 766 m parcel of land offers a rare opportunity for developers. The gentle slope leads to a flat pad at the bottom, providing an ideal foundation for a multi-unit development. Zoned for Tourist and Residential use, the site offers flexible options, including the potential for a triplex (STCA). With land this close to the beach in very short supply, this is one of the last premium sites available for development.
- 766 m block, offering flexible development options
- Zoned for Tourist & Residential use
- Gentle slope with a flat pad at the bottom
- Short walk to cafes and restaurants of Palm Cove Esplanade
- 27-minute drive from the Cairns CBD
Property History for 4 Oliva St, Palm Cove, QLD 4879
- 24 Jan 2025Sold for $535,000
- 30 Oct 2024Listed for Sale $535,000
- 19 Nov 2021Sold for $439,983
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About Palm Cove 4879
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 2,878 properties. Over the last 5 years, Houses in Palm Cove have seen a 69.03% increase in median value, while Units have seen a 96.96% increase. As at 30 April 2026:
- The median value for Houses in Palm Cove is $1,211,941 while the median value for Units is $647,325.
- Houses have a median rent of $893 while Units have a median rent of $560.
Suburb Insights for Palm Cove 4879
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