Palmwoods

POSTAL CODE: QLD, 4555

HOUSE

PALMWOODS ranks 787th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 5.94% for the past year is lower than average compared to its 81.97% growth within a five-year period.

Also in PALMWOODS, the median home price is sitting at $1,070,000, and the average rent at $745, this suggests property owners could potentially earn a 3.62% increase in gross rental yield.

Property investors have seen a 1.86% 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 8.97% growth over a ten-year period. It ranks 527th on our list of suburbs that property investors should look into.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,070,000	N/A
Growth Report
Median Quarterly	1.86%	N/A
Median 12 month	5.94%	N/A
Median 3 years	22.99%	N/A
Median 5 years	81.97%	N/A
10 years average annual	8.97%	N/A
Weekly media advert. rent	$745	N/A
Time on Market	41.6 days	N/A
Gross Rental Yield Percent	3.62%	N/A

Demographics (Median Values)*

Total Population 4487

Weekly Household Income 1002

Household Size 2.80

Average 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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