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The Palms
AREA REPORTS

The Palms

The Palms - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4570

house

Property investors have seen a 5.42% gain in THE PALMS based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on THE PALMS, 4570 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 44.99%.

Based on its average 5-year and quarterly capital gains THE PALMS, 4570 saw average growth in the long term.

The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $535,000

Profits averaged 17.55% per annum over a 3-year period, due to an upward trend in home prices in THE PALMS, 4570.

The gross rental yield in THE PALMS, 4570 is 0%.

An average of 2.42 real estate transactions take place per month in THE PALMS which translates to 29 per annum.

Data report can be found below

The Palms
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $535,000 N/A
GROWTH REPORT
Median Quarterly 5.42% N/A
Median 12 month 44.99% N/A
Median 3 years 52.64% N/A
Median 5 years 81.36% N/A
10 years average annual 6.86% N/A
Weekly media advert. rent N/A N/A
Time on Market 20.2 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)*
Total Population
711
Weekly Household Income
715.6
Household Size
2.60
Age
38
Monthly Loan Repayment
914
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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