48 Parnki Parade Palm Beach QLD 4221

5 / 3 / 4 / 836 m2

Here you can find what you need to know about 48 Parnki Parade , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Palm Beach, QLD and much more.

Property photo of 48 Parnki Parade Palm Beach QLD 4221
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Property Insights

48 Parnki Parade Estimated Value

$1,726,000 - $2,197,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
Medium confidence estimate
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Last sold for $230,000 on 22/05/1997

Sale Type: Normal Sale

This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
Low confidence
Gross
Cashflow
Unavailable
Estimated
Gross Yield
Low confidence
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 5
Bathrooms 3
Car Spaces 4
Land Size 836 m2
Floor Area -
House Type House: One Storey / Lowset
Council Area Gold Coast City - Gold Coast
Year Built n/a
Zone RESIDENTIAL A (GOLD COAST)
Lot/Plan 48/RP211719 Palm Beach QLD
Property Type House

Last listing description (June 2020)

Perfectly Parnki Parade - Waterfront Wonderland
Set amongst the shady Poincianas in Palm Beach's most sought after street, Parnki Parade, this waterfront masterpiece exudes solid quality and perfect scale. Designed for a large, active family that lives life to full and then relax equally as passionately.

It's a lifestyle home. Set in a quiet, wide street, walking distance to the white sands of Palm Beach and Tallebudgera Creek and in the PBC High School catchment area, this home ticks all the boxes. Stand-up paddle board, kayak or launch the boat to enjoy this coastal retreat to your hearts content.

Solid craftsmanship with earthy textures including natural stone and timber, its free-flowing floor plan encourages seamless living and an abundance of natural light and breezes throughout.

- 836 sqm direct ocean access, waterfront property with 18 metres of beach.
- Boasting an oversized master bedroom separate retreat upstairs including lounge, office with kitchenette, walk in robe and ensuite with a deck overlooking the water and hinterland views.
- Four additional bedrooms downstairs all with built in robes and fans.
- Well-appointed chefs kitchen with 40mm granite, solid timber and Smeg stainless steel appliances.
- Sliding glass doors seamlessly blend the main dining and living area to the full length outdoor patio
- Manicured backyard framed by a majestic Poinciana with direct access to the canal and steps out to the sand
- Triple carport and single car garage with plenty of room for boats, camper trailers, jet skis, etc.

This home is light filled and surrounded by windows and outdoor spaces which allow you to experience what living on the water really means. The dramatic design is filled with natural texture and earthy, solid finishes. Take advantage of this ideal opportunity to own an amazing waterfront lifestyle. The possibilities are endless! This is a home which will create lasting memories and is a true treasure in Palm Beach.

Experience the upsurge in Palm Beach, fast emerging as the Gold Coast's most coveted beach suburb with an amazing mix of lifestyle and location boasting a superb gourmet caf precinct, hipster stores, restaurants and popular bars such as The Collective with an indoor/outdoor rooftop bar, Balboa Italian, Scottish Prince and Wilderness . In quick proximity to Tallebudgera Creek water recreational park and just 850m to blissful white-sand beaches, Minutes to Burleigh Headland, Mallawa Sports Fields, revered local schools and
10 minutes to Gold Coast International Airport.

Due to COVID-19 no Open Homes will be conducted. We welcome private inspections at this time, so please contact the Agent to arrange a convenient time to view the property. We appreciate your understanding.

Price Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

Advertising Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.

Property Timeline

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Development Permits

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Latest Auction Results for Palm Beach as at 05 July 2020

Property Details
Sale Price
-Bed / -Bath / -Car / House
-

State Auction Clearance Rates - July 2020

Auctions Clearance rate
QLD 92 34%
ACT 38 82%
NSW 442 65%
NT 3 33%
SA 25 72%
TAS 1 0%
VIC 362 64%
WA 10 30%

Suburb Insights

Palm Beach, QLD 4221

No data available Part of: Gold Coast Council

Get neighbourhood info and insights with our Suburb Profile

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Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 48 Parnki Parade, including the property sale history and estimated market value as well as insights into Parnki Parade and Palm Beach 48 Parnki Parade Palm Beach QLD 4221