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Location

Market Insights for Palm Beach QLD 4221

New Listings (last 30 days)

Average price

$1,582,000

Lowest price

$1,090,000

Highest price

$1,920,000

1/71 Laguna Avenue, Palm Beach QLD 4221

Expressions Of Interest

Search Band

$1.8M - $1.9M Medium Confidence Calculated based on our search observations.

Duplex 2 beds 1 bath 1 car 510 m²

Listed: 26 days ago

Updated: 15 days ago

Overview

This front duplex presents a rare chance to own a property in the highly sought-after Palm Beach area, just 600 metres from both the beach and the serene Currumbin Creek. Occupying a substantial 510 sqm block with RD3 zoning and offered on its own separate strata title, it combines the advantages of comfortable living and strong investment potential.

Featuring two bedrooms and a bathroom, this tidy duplex also includes a separate laundry and a secure single lock-up garage, all within a manageable 57 sqm floor area. The exclusive-use yard, currently being formalised on title, adds an outdoor space that can be adapted to various lifestyle needs.

Currently leased to a tenant at $600 per week until the end of October, the property offers immediate income and an attractive prospect for future capital growth or redevelopment, subject to council approval. Its location ensures easy access to education, shopping, cafes, public transport, and healthcare facilities, making it well-suited for investors, first home buyers or downsizers seeking foothold in a premium Gold Coast setting.

510 sqm block with RD3 zoning allowing for redevelopment potential
Separate strata title for the front duplex, providing added security
Exclusive-use yard providing private outdoor space
2 bedrooms and 1 bathroom designed for functional living
Separate laundry and single lock-up garage enhance convenience
Leased at $600/week, generating immediate rental income
Approximately 600 metres from Palm Beach and Currumbin Creek, ideal for lifestyle enjoyment
Close to local schools, shops, markets, and transport facilitating daily needs

This property is a measured opportunity to combine lifestyle benefits, steady income, and long-term growth in a premium location, appealing especially to investors and those starting out in the property market.

Local Market Insights

In Palm Beach, Quiet Listings observed 5 new duplexes entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $1,582,000. The property type mix of listed properties is predominantly Houses at 50%, followed by apartments (25%), and units (8%). The most active agency for duplexes in the Palm Beach area is currently Ray White, representing 20% of new listings, followed by Amir Prestige Group with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.