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8 Coral Coast Drive, Palm Cove$499,000
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For Saleapartment

8 Coral Coast Drive

Palm Cove, QLD 4879, Australia
$499,000
1 bed 1 bath 1 car

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About this property

Eight Palm Cove is a collection of 44 tropical residences in the heart of Palm Cove one of Australia's most exclusive beachfront villages, just 25 minutes from Cairns Airport. Choose from apartments from $499,000 or premium apartments from $649,000, all within a professionally managed resort environment. Every residence includes private balconies or terraces, light-filled interiors, neutral coastal finishes, and full air-conditioning throughout. Furniture packages are available, making ownership straightforward from day one. For investors, the location delivers. Palm Cove sits between Cairns and Port Douglas a year-round tourism destination with strong visitor demand, approximately 5% rental yields, and limited new supply entering the village. 5% rental yield expected Private balconies or terraces Light-filled interiors Furniture package available Neutral coastal finishes Air-conditioned throughout Apartment prices start from $499k Premium apartments start from $649k Positioned at the gateway to the Daintree Rainforest and the Great Barrier Reef, demand here doesn't soften.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Listed
3 weeks ago

Repayment calculator

$2,419/month
$1,210 /fortnight
Loan $399,200 at 6.10% over 30 years

Upfront costs

Deposit$99,800
Stamp duty$15,890
Conveyancing (est.)$2,000
Total upfront$117,690
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Palm Cove

This 1-bedroom apartment in Palm Cove, QLD 4879 sits within reach of public transport, local shops local amenities. It is listed 42% below the $859,000 median of 77 comparable apartmentswithin 5 km.

What's nearby

  • Cedar Street near Coral Coast Drive (bus)423 m away
  • Palm Cove Supermarket & Deli585 m away
  • Unnamed98 m away
  • Tom McDonald Park753 m away
  • Argentea Park2.1 km away

Palm Cove at a glance

Full suburb profile
Population
2,450
Median age
53
Household income
$1,527/wk
Median rent
$365/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Palm Cove price trend

Median sold · Unit 1 bed

Compound growth +12.7% / yr over 4 yrs

$400kcurrent median

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