5 Spindle Street Palm Beach QLD 4221

5 / 2 / 4 / 641 m2

Here you can find what you need to know about 5 Spindle Street , 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 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
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Property photo of 5 Spindle Street Palm Beach QLD 4221
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Property photo of 5 Spindle Street Palm Beach QLD 4221
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Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
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Property photo of 5 Spindle Street Palm Beach QLD 4221
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Property photo of 5 Spindle Street Palm Beach QLD 4221
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Property photo of 5 Spindle Street Palm Beach QLD 4221
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Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
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Property photo of 5 Spindle Street Palm Beach QLD 4221
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Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
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Property photo of 5 Spindle Street Palm Beach QLD 4221
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Property photo of 5 Spindle Street Palm Beach QLD 4221
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Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
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Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221
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Property photo of 5 Spindle Street Palm Beach QLD 4221
Property photo of 5 Spindle Street Palm Beach QLD 4221

Property Insights

5 Spindle Street Estimated Value

$758,000 - $908,000

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.
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Last sold for $508,000 on 31/08/2013

Sale Type: Normal Sale

Mortgage
Repayment
$650 pw
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
High confidence
Gross
Cashflow
Estimated
Gross Yield
High 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

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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 2
Car Spaces 4
Land Size 641 m2
Floor Area 127 m2
House Type House: One Storey / Lowset
Council Area Gold Coast City - Gold Coast
Year Built 1975
Zone RESIDENTIAL A (GOLD COAST)
Lot/Plan 387/RP158420 Palm Beach QLD
Property Type House

Last listing description (June 2020)

Dual living on Large Block - Ride to the beach
This truly is the epitome of the Aussie dream, the family home with all the bells and whistles. Elevated main living with an abundance of natural light, year round breezes and situated in a red hot suburb.

Your next home offers a multitude of opportunities including dual living options. With loads of room there is enough space for the entire family & extended relatives at Christmas time. Indoor/outdoor entertaining areas fuse easily together to create the dream entertaining area with a relaxed ambiance.

Also features:
- Front flat yard, fully fenced with enough space for the kids and pets to run free
- Open plan living area downstairs backing onto the pool area
- Two separated living spaces, walk through wardrobe, air conditioning
- Spacious kitchen upstairs, plenty of cupboard space, second additional kitchen downstairs
- Dual living possibilities
- Five bedrooms in total, with two bathrooms, complete with a beautiful large bath tub
- Double lock up garage, 2 off-street car spaces (create additional carport if desired)
- Situated in a quiet cul de sac with no through traffic
- Additional storage space for the boat, caravan, camper van or trailer
- Tropical style pool surrounded by palm trees and neatly staged garden beds
- Double-shed out the back, with its own private large yard (could be used as the additional fenced yard for the granny flat you create, if required)
- Very handy to a range of local schools, shops, cafes, restaurants.
- Walk to 19th Avenue sports fields, clubs, public transport.
- One hour to Brisbane, one hour drive to Byron Bay and only 10 minutes to the Gold Coast Airport

This abode is everything your family needs, in a central location and a short bike ride to the white sands of Palm Beach. The sellers of this property are moving on so all offers of interest considered.

Properties of this style move very fast so be sure to call and inspect today!

Please note all inspections will be held in accordance with the Chief Medical Officers advice and Covid-19 social distancing rules including limiting the number of people inside the house at any one time. Please respect this advice and be patient as we try to assist you.

Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Property Timeline

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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

View Palm Beach Suburb Profile View properties in Palm Beach

Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 5 Spindle Street, including the property sale history and estimated market value as well as insights into Spindle Street and Palm Beach 5 Spindle Street Palm Beach QLD 4221