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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 $1,824,500 and this has changed 7.64% over the past year and changed 21.63% over 2 years.

The median rent in Palm Beach for houses is $1,040 per week and the median rental yield is 2.96%. Stock on the market for houses/townhouses has changed 10.14% compared to last year and the average time to sell a house/townhouse is 74 days.The median listing price for units is $1,195,000 and this has changed 22.56% over the past year. The average unit takes 85 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

1.31%

Current vacancy rate


120

Rental stock available


14,655

Population


33.56%

Rental population


1.02%

Current vacancy rate


2,938

Rental stock available


555,721

Population


31.09%

Rental population


0.88%

Current vacancy rate


20,914

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 $1,824,500 $1,600,000 $1,195,000
Median price change - last quarter 0.00% 0.63% 15.00%
Median price change - 1 year 7.64% 14.28% 22.56%
Median price change - 2 years 21.63% 23.07% 49.93%
  House Townhouses Units
Median weekly rent $1,040 $995 $750
Median yield % 2.96% 3.23% 3.26%
Median rent change - 1 year 4.00% 4.73% 8.69%
  House Units
Previous month sales 13 22
Stock on market previous month 76 161
Stock variance vs. last year 10.14% 85.06%
Average days on market 74 85

Palm Beach investment property listings

Showing 5 of 235 investment properties found in Palm Beach on realestateinvestar.com.au

7/4 Mawarra St, PALM BEACH

$800,000

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Unit

QLD 4221


305/14 Twenty Eighth Ave, PALM BEACH

$779,000

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Unit

QLD 4221


14 Diplacus Dr, PALM BEACH

$1,495,000

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House

QLD 4221


2/41 Laguna Ave, PALM BEACH

$1,200,000

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Townhouse

QLD 4221


3/8 Nalla Ct, PALM BEACH

$759,000

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Unit

QLD 4221


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