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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 $1,849,500 and this has changed 2.75% over the past year and changed 23.30% over 2 years.

The median rent in Palm Beach for houses is $1,000 per week and the median rental yield is 2.81%. Stock on the market for houses/townhouses has changed -2.63% compared to last year and the average time to sell a house/townhouse is 81 days.The median listing price for units is $1,195,000 and this has changed 21.62% over the past year. The average unit takes 80 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

1.60%

Current vacancy rate


147

Rental stock available


14,655

Population


33.56%

Rental population


1.08%

Current vacancy rate


3,118

Rental stock available


555,721

Population


31.09%

Rental population


0.87%

Current vacancy rate


20,766

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 $1,849,500 $1,649,000 $1,195,000
Median price change - last quarter 2.72% 2.77% 3.91%
Median price change - 1 year 2.75% 15.71% 21.62%
Median price change - 2 years 23.30% 19.49% 52.71%
  House Townhouses Units
Median weekly rent $1,000 $1,000 $750
Median yield % 2.81% 3.15% 3.26%
Median rent change - 1 year 0.00% 5.26% 7.14%
  House Units
Previous month sales 8 21
Stock on market previous month 74 144
Stock variance vs. last year -2.63% 35.85%
Average days on market 81 80

Palm Beach investment property listings

Showing 2 of 2 investment properties found in Palm Beach on realestateinvestar.com.au

901/5 Palm Beach Ave, Palm Beach

$2,230,000

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North East Facing 3 Bed 2 Bath 2 Car $2,230,000

Welcome to Corallo Palm Beach. Rising gracefully above Palm Beach's most coveted corner, Corallo emerges as an icon of refined coastal living. This landmark collection of one, two and three bedroom residences, plus four half-floor penthouse residences captures the essence of beachside refinement, ...

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Unit

QLD 4221


4 Philippine La, Palm Beach

$0

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Coastal Elegance Meets Resort-Style Living

Discover a new benchmark in Palm Beach luxury with this brand-new residence designed by award winning building designers, Mi Design and built by renowned local builder Shoredan. Set in a private laneway just a short stroll from the surf, this prestigious home delivers the very essence of ...

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House

QLD 4221


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