159 AUSTRALIAN AVE, PALM BEACH, FL 33480

Parcel: 50434323050280410 · Single Family · Zoning: 001

Assessed Value (2026)
$8,686,304

Property Details

Year Built
1922
Lot Sqft
10,498

Sales History

1
$8,120,000
2023-05-26
2
$8,120,000
2023-06-01

Tax Assessment History

$8,686,304
Assessed (2026)
$8,977,751
Market Value
$8,686,304
Taxable Value
$176,846
Annual Tax
2025
$8,977,751
2026
$8,686,304
$8,977,751
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $8,686,304 $8,977,751 $8,686,304 $176,846
2025 $8,977,751 $8,977,751 $8,977,751 $182,780

About 159 AUSTRALIAN AVE, PALM BEACH, FL 33480

159 AUSTRALIAN AVE, PALM BEACH, FL 33480 is a property built in 1922 on a 10,498 square foot lot. The property is currently owned by THORNBURGH CORNELIA P & THORNBURGH RICHARD E, recorded as of 2026-04-03. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2023-06-01 for $8,120,000. The 2026 assessed value is $8,686,304 with a market value of $8,977,751. This breaks down to $8,135,950 for the land and $841,801 for the building.

The assessed value decreased 3% from $8,977,751 in 2025. The property has the following tax exemptions: homestead. The median household income in this area is $232,794, and the median home value is $2,000,001.

The population density is 2,622 people per square mile. 159 AUSTRALIAN AVE, PALM BEACH, FL 33480 is located in PALM BEACH, Florida. Property records, tax assessments, sales history, and ownership information for this PALM BEACH property are sourced from palm_beach County public records.

The complete ownership history of this property spans from 2023 to 2023, with 2 recorded transactions in the public record. The current assessed value represents 107% of the most recent sale price..

Current Owner

THORNBURGH CORNELIA P & THORNBURGH RICHARD E
159 AUSTRALIAN AVE, PALM BEACH, FL, 33480
Since: 2026-04-03
View owner profile →

Est. Annual Insurance

$94,212 — $172,788
Flood $400 — $800
Property/Wind $93,812 — $171,988

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$232,794
Median Home Value$2,000,001
Pop. Density2,622/sq mi

Neighborhood 33480

84.6%
Owner-Occ
15.4%
Investor
6,443
Flips (4yr)
2,193
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →
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