NSW/
Palm beach

Suburb Profile

Palm Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2108

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 28.8% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $2,962,500

The augmented property values in the suburb are trailing above the territorial average of 10.56% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $1200.

Home owners selling their properties and realtors in PALM BEACH usually have to wait an average of 92.2 days days before their assets are lifted off the market.

The NSW suburb ranks 1110th on the list of best yielding suburbs for rental properties in NSW, posting a 2.11% return.

It also places places 713th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,962,500 $1,425,000
GROWTH REPORT
Median Quarterly 1.72% -18.57%
Median 12 month 23.44% N/A
Median 3 years 28.8% N/A
Median 5 years 55.92% 38.35%
10 years average annual 3.74% N/A
Weekly media advert. rent $1200 N/A
Time on Market 92.2 days 0.0 days
Gross Rental Yield Percent 2.11% N/A
demographics (median values)
Total Population
1606
Weekly Household Income
1707
Household Size
2.40
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