High-Rise Madness in Palm Beach, Gold Coast

Click the video below to see every development planned for 2023

 

Is Palm Beach being over-developed? 

If you have driven around Palmy recently, I'm sure you have noticed the avalanche of cranes and new developments that are currently being built. 

We have done a deep dive on the developments behind these cranes and the changes in density this coastal town is experiencing is alarming! 

This includes: 

1. NORTHSHORE: 1486-1496 Gold Coast Highway; Nine-storey, 93 units – ALL UNDER CONTRACT

2. ESPLANADE: 474-476 The Esplanade; Nine storeys, 16 units.

3. PERSPECTIVE 488: 488 The Esplanade; Seven storeys, 11 units, SOLD OUT

4. PERSPECTIVE TWO SEA: Nine full floor residences

5. SIARN: 460 the Esplanade; Nine storeys, 16 units

6. CABANA: 1 Nineteenth Ave; Nine storeys, 34 units

7. HEMINGWAY: 1267 Gold Coast Highway; 12 storeys, 78 units

8. THE MONROE: 124-126 Jefferson Lane; Nine storeys, 33 units

9. AKUNA: 39 Jefferson Lane; Nine storeys, 13 units

10. NEXUS: 14 storeys, 34 units

11. THE COLLECTIVE: 1128 Gold Coast Highway; 22 storeys, 193 units - DENIED

12. PALM BEACH RESIDENCES: 10-12 Brooke Ave; Eight storeys, 80 units

13. VILLEA: 26 Mawarra St: Eight storeys, 69 units

Let's hear your thoughts on how Palm Beach is changing below! Is this good for the community (will raise home prices, better restaurants, etc) or is this harmful (congestion, traffic, losing beach cottage feel)?

 

We love where we live! 


Interested in seeing how these developments might affect your home's price? Download a free property price report by clicking here

Or if you would like to schedule a time to discuss your options, click the ‘Schedule a time with Drew’ button below and see how Riley Real Estate can help maximise your returns.