62 Cedar Road, Palm Cove, QLD 4879 | Property Value & History | OnTheHouse
OFF MARKET

62 Cedar Road
Palm Cove QLD 4879

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 189m2
Land area: 800m2
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Property Details for 62 Cedar Rd, Palm Cove

62 Cedar Rd, Palm Cove is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 2010. The property has a land size of 800m2 and floor size of 189m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
House
Year Built
2010
Floor Size
189m2
Land Size
800m2
Local Government
Cairns Regional
Lot/Plan
11/RP746097

Last Listing description (November 2024)

Welcome to this beautiful award-winning, tropically designed home with energy efficiency in mind. Located only moments to the Palm Cove's Beachfront and offering multiple options to accommodate a variety of lifestyles.

Two homes on one title set on 800m2 of land and spread over 460m2 of living. Crafted with a perfect blend of modern features and earthy tones features throughout, this property is the epitome of Palm Cove living.

Building A

Positioned at the rear of the property is the impressive three-bedroom, two storey home. The moment you walk through the front door you have a sense of calm and spaciousness. The open plan and flow is seamless and offers a large living space which is enhanced by the bi-fold timber doors that lead to the wrap around under covered entertaining patio.

The appealing kitchen has everything you need, from stone bench tops, gas cooking and a handy portable island bench perfect for entertaining. Upstairs boasts an exquisite king-sized main suite accompanied by its own balcony, walk in robe and generous ensuite complete with stand-alone bathtub. Bedrooms 2 and 3 are spacious and are serviced with a main bathroom.

The large 9sqm garage has access through to a parking area for a boat or trailer.

Currently tenanted until November 2024 for $700 a week - Rental potential $750-$800p/w

Building B -
Is a stylish 135m2 two-bedroom townhouse offering size and separation ideal for dual families, rent out and reward or accommodate yourself. The ground floor of the townhouse consists of an open plan living space coupled with a full self-contained kitchen with gas cooktop, internal laundry and separate lock up garage with plenty of storage. The two bedrooms upstairs are oversized and are partnered with a generous main bathroom.

Currently holiday let and achieving approximately $40,000 per annum in income Can be sold with future bookings and is sold fully furnished.

The property is located just a short 600m walk to the famous Williams Esplanade and esplanade offering award winning restaurants, cafes boutiques and shops. The property is complimented by established tropical, low-maintenance gardens with citrus trees and offers plenty of room for a future pool.

Please call Shira David Stern for more information and a price guide and to book a private appointment.

Property History for 62 Cedar Rd, Palm Cove, QLD 4879

A timeline of how this property has performed in the market
Last Sold
$1,325,000
23 Oct 2024
Listed for Rent
$700/w
26 Sep 2022
  • 23 Oct 2024
    Sold for $1,325,000
  • 08 Jul 2024
    Listed for Sale SOLD BY SHIRA DAVID STERN
  • 07 Sep 2022
    Listed for Rent $700 / week
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About Palm Cove 4879

The size of Palm Cove is approximately 3.6 square kilometres. It has 11 parks covering nearly 24.5% of 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 2,871 properties. Over the last 5 years, Houses in Palm Cove have seen a 68.80% increase in median value, while Units have seen a 81.04% increase. As at 30 November 2025:

  • The median value for Houses in Palm Cove is $1,119,573 while the median value for Units is $592,800.
  • Houses have a median rent of $850 while Units have a median rent of $550.
There are currently 39 properties listed for sale, and 13 properties listed for rent in Palm cove on OnTheHouse. According to Cotality's data, 152 properties were sold in the past 12 months in Palm cove.

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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.