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Investment Property Palm Beach, QLD, 4221

Suburb Snapshot

Palm Beach is a suburb in the Gold Coast Region of Queensland. Palm Beach has a population of 14,655 people and 33.56% of its occupants live in rental accommodation. The median listing price for houses is $1,849,000 and this has changed 8.76% over the past year and changed 23.26% over 2 years.

The median rent in Palm Beach for houses is $1,050 per week and the median rental yield is 2.95%. Stock on the market for houses/townhouses has changed -6.41% compared to last year and the average time to sell a house/townhouse is 73 days.The median listing price for units is $1,195,000 and this has changed 25.78% over the past year. The average unit takes 78 days to sell and the median rent for a unit in Palm Beach is $750 per week, producing a rental yield of 3.26%.

Supply & Demand in Palm Beach, Gold Coast

1.35%

Current vacancy rate


124

Rental stock available


14,655

Population


33.56%

Rental population


1.03%

Current vacancy rate


2,976

Rental stock available


555,721

Population


31.09%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Palm Beach, Gold Coast

  House Townhouses Units
Median listing price $1,849,000 $1,629,000 $1,195,000
Median price change - last quarter 2.72% 2.77% 3.91%
Median price change - 1 year 8.76% 12.34% 25.78%
Median price change - 2 years 23.26% 25.30% 50.31%
  House Townhouses Units
Median weekly rent $1,050 $1,000 $750
Median yield % 2.95% 3.19% 3.26%
Median rent change - 1 year 5.00% 5.26% 7.91%
  House Units
Previous month sales 8 23
Stock on market previous month 73 154
Stock variance vs. last year -6.41% 75.00%
Average days on market 73 78

Palm Beach investment property listings

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