PALMWOODS ranks 455th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 4.51% for the past year is lower than average compared to its 26.9% growth within a five-year period.
Also in PALMWOODS, the median home price is sitting at $533,000, and the average rent at $460, this suggests property owners could potentially earn a 4.49% increase in gross rental yield.
Property investors have seen a 0.57% gain in PALMWOODS based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.89% growth over a ten-year period. It ranks 3223rd on our list of suburbs that property investors should look into.