Powered by MOMENTUM MEDIA
Palm Beach
AREA REPORTS

Palm Beach

Palm Beach - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4221

house
unit

Property investors enjoyed capital gains of 7.99% over the last 12 months in PALM BEACH, translating to lower returns compared with its peers in QLD.

A survey of average capital gains or median home price increase in suburbs across the country shows that the QLD suburb obtained a 6% growth over a ten-year period. It ranks 885th on our list of suburbs that property investors should look into.

PALM BEACH, 4221 has a capital gain of 7.99% for the past year, which is lower than average compared to its 42.22% growth within a five-year period.

With the median home price in PALM BEACH sitting at $960,000, and the average rent at $680, property owners could potentially earn a 3.68% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in PALM BEACH are low, as opposed to average gains per annum over the past five years.

PALM BEACH, 4221 in QLD belongs to the local government area of Gold Coast (C).

Data report can be found below

Palm Beach
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $960,000 $520,000
GROWTH REPORT
Median Quarterly 4.35% 3.59%
Median 12 month 7.99% 11.83%
Median 3 years 20.75% 26.83%
Median 5 years 42.22% 48.57%
10 years average annual 6% 3.62%
Weekly media advert. rent $680 $450
Time on Market 41.1 days 66.7 days
Gross Rental Yield Percent 3.68% 4.5%
demographics (median values)*
Total Population
13491
Weekly Household Income
804
Household Size
2.20
Age
39
Monthly Loan Repayment
1400
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.