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Palmwoods
AREA REPORTS

Palmwoods

Palmwoods - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4555

house
PALMWOODS ranks 310th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 30.21% for the past year is higher than average compared to its 56.78% growth within a five-year period.

Also in PALMWOODS, the median home price is sitting at $768,243, and the average rent at $580, this suggests property owners could potentially earn a 3.93% increase in gross rental yield.

Property investors have seen a 7.33% gain in PALMWOODS based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on PALMWOODS, 4555 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 30.21%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.64% growth over a ten-year period. It ranks 1630th on our list of suburbs that property investors should look into.

Data report can be found below

Palmwoods
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $768,243 N/A
GROWTH REPORT
Median Quarterly 7.33% N/A
Median 12 month 30.21% N/A
Median 3 years 39.68% N/A
Median 5 years 56.78% N/A
10 years average annual 6.64% N/A
Weekly media advert. rent $580 N/A
Time on Market 25.4 days N/A
Gross Rental Yield Percent 3.93% N/A
demographics (median values)*
Total Population
4487
Weekly Household Income
1002
Household Size
2.80
Age
37
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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