59 Manus Avenue Palm Beach QLD 4221

3 / 3 / 2 / 506 m2

Here you can find what you need to know about 59 Manus Avenue , 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.

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Property Insights

59 Manus Avenue Estimated Value

$906,000 - $1,063,000

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 $950,000 on 16/10/2019

Sale Type: Normal Sale

Mortgage
Repayment
$766 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
Medium confidence
Gross
Cashflow
Estimated
Gross Yield
Medium confidence
Natural Hazard Risk
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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 3
Bathrooms 3
Car Spaces 2
Land Size 506 m2
Floor Area 135 m2
House Type House: One Storey / Lowset
Council Area Gold Coast City - Gold Coast
Year Built 1970
Zone RESIDENTIAL A (GOLD COAST)
Lot/Plan 35/RP88080 Palm Beach QLD
Property Type House

Last listing description (January 2020)

Offers above $959,000
Welcome to 59 Manus Avenue, Palm Beach. An iconic, modern, beach home in a sought-after desirable enclave.

Palm beach located between Tallebudgera and Currumbin Creeks, is one of the booming Gold Coast southern suburbs which is rapidly becoming the desired location for locals to reside.

A vibrant connected community offering a very relaxed beach lifestyle.

This beautifully fully renovated Balinese styled property offers relaxed and tranquil living, a truly tropical experience.

Features of this amazing property include:
- Council approved "Lanai" complete with bathroom and kitchen at the rear of the property
- Generous size Bali hut overlooking the tropical pool
- Reverse air conditioning, ceiling fans, louvered breezeways
- Amongst the many appealing features of this modern property are
- Polished timber floors, new curtains
- Cedar stacker doors, outdoor hot and cold shower and centrally located saltwater pool
- 12 x solar panels, 2kw inverter

Gold Coast City Council Rates: $2,318* p.a. approx
Gold Coast City Water Rates: $720* p.a. approx
Body Corp: N/A
Built: 1970
Rental Appraisal: $860 to $950 per week
Currently Owner Occupied so therefore ready for Owner Occupier or Tenants
Gross ROI: 5.20% (assuming $950pw rent and PP of $950,000)

Steps away from village shopping and pristine white surf beaches, this area is now becoming well known for its restaurants, bars, and cafes.

For further information or to arrange an inspection please contact Brad Scott or Wayne Haase.

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 02 August 2020

Property Details
Sale Price
2Bed / 1Bath / 1Car / House
$475,000

State Auction Clearance Rates - August 2020

Auctions Clearance rate
QLD 122 45%
ACT 41 73%
NSW 542 65%
NT 5 60%
SA 30 70%
TAS 0 0%
VIC 256 73%
WA 11 18%

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 59 Manus Avenue, including the property sale history and estimated market value as well as insights into Manus Avenue and Palm Beach 59 Manus Avenue Palm Beach QLD 4221