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Investment Property Palm Beach, NSW, 2108

Suburb Snapshot

Palm Beach is a suburb in the Northern Beaches Region of New South Wales. Palm Beach has a population of 1,592 people and 10.09% of its occupants live in rental accommodation. The median listing price for houses is $5,500,000 and this has changed -5.18% over the past year and changed 1.85% over 2 years.

The median rent in Palm Beach for houses is $1,775 per week and the median rental yield is 1.67%. Stock on the market for houses/townhouses has changed 37.50% compared to last year and the average time to sell a house/townhouse is 155 days.The median listing price for units is $2,970,000 and this has changed 19.03% over the past year. The average unit takes 83 days to sell and the median rent for a unit in Palm Beach is NA per week, producing a rental yield of NA.

Supply & Demand in Palm Beach, Northern Beaches

1.23%

Current vacancy rate


15

Rental stock available


1,592

Population


10.09%

Rental population


0.91%

Current vacancy rate


1,001

Rental stock available


252,878

Population


23.60%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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

Statistical data for Palm Beach, Northern Beaches

  House Townhouses Units
Median listing price $5,500,000 NA $2,970,000
Median price change - last quarter 3.31% NA -6.69%
Median price change - 1 year -5.18% NA 19.03%
Median price change - 2 years 1.85% NA 51.53%
  House Townhouses Units
Median weekly rent $1,775 NA NA
Median yield % 1.67% NA NA
Median rent change - 1 year 5.02% NA NA
  House Units
Previous month sales 1 0
Stock on market previous month 22 1
Stock variance vs. last year 37.50% 100.00%
Average days on market 155 83

Palm Beach investment property listings

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