17/41 Tallebudgera Drive, Palm Beach QLD 4221

Half-floor waterfront apartment | Tallebudgera Creek outlook | oversized rooms with character | premium Palm Beach lifestyle This property presents a rare configuration for the suburb: a genuinely large three-bedroom apartment on a creekfront position, where most waterfront stock is either smaller or detached. The half-floor layout, timber finishes, covered deck, and communal pool give it the feel of a low-maintenance house, which is precisely what downsizers and prestige apartment buyers seek. It serves best as a primary residence for owner-occupiers who value space, water views, and walkability to the beach and village. The principal risk is the flood overlay associated with the broader parcel, which may affect insurance costs and resale liquidity for some buyer segments. The third bedroom’s classification should be confirmed, as built-in bunk beds may not meet council definitions. On the opportunity side, the lack of a price guide and a 25% auction clearance rate locally suggest disciplined buyers may negotiate if the campaign extends. The 60% owner-occupier ratio in the building supports stable tenure and building care.