AREA REPORTS

Palm Beach

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 44.45% 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 $3,033,500

The augmented property values in the suburb are trailing above the territorial average of 4.62% 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 120.5 days days before their assets are lifted off the market.

The NSW suburb ranks 1129th on the list of best yielding suburbs for rental properties in NSW, posting a 2.06% return.

It also places places 39th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $3,033,500 $1,187,500
GROWTH REPORT
Median Quarterly 13.4% -20.17%
Median 12 month 5.51% -13.38%
Median 3 years 44.45% N/A
Median 5 years 53.59% N/A
10 years average annual 3.81% -13.38%
Weekly media advert. rent $1200 N/A
Time on Market 120.5 days 0.0 days
Gross Rental Yield Percent 2.06% N/A
demographics (median values)
Total Population
1606
Weekly Household Income
1707
Household Size
2.40
demographics
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