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Investment Property Palm Cove, QLD, 4879

Suburb Snapshot

Palm Cove is a suburb in the Cairns Region of Queensland. Palm Cove has a population of 2,059 people and 28.24% of its occupants live in rental accommodation. The median listing price for houses is $1,250,000 and this has changed 25.00% over the past year and changed 38.96% over 2 years.

The median rent in Palm Cove for houses is $770 per week and the median rental yield is 3.20%. Stock on the market for houses/townhouses has changed -10.00% compared to last year and the average time to sell a house/townhouse is 118 days.The median listing price for units is $450,000 and this has changed 15.38% over the past year. The average unit takes 105 days to sell and the median rent for a unit in Palm Cove is $460 per week, producing a rental yield of 5.31%.

Supply & Demand in Palm Cove, Cairns

1.23%

Current vacancy rate


25

Rental stock available


2,059

Population


28.24%

Rental population


0.77%

Current vacancy rate


614

Rental stock available


156,898

Population


32.50%

Rental population


0.97%

Current vacancy rate


22,682

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 Cove, Cairns

  House Townhouses Units
Median listing price $1,250,000 NA $450,000
Median price change - last quarter 4.16% NA 4.65%
Median price change - 1 year 25.00% NA 15.38%
Median price change - 2 years 38.96% NA 38.46%
  House Townhouses Units
Median weekly rent $770 $530 $460
Median yield % 3.20% NA 5.31%
Median rent change - 1 year 28.33% 1.92% 4.54%
  House Units
Previous month sales 0 1
Stock on market previous month 27 29
Stock variance vs. last year -10.00% -14.71%
Average days on market 118 105

Palm Cove investment property listings

Showing 5 of 87 investment properties found in Palm Cove on realestateinvestar.com.au

4204/41 Williams Esp, Palm Cove

$315,000

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Price REDUCTION Don't miss out.

Huge opportunity/saving. This price reduction makes this Apartment so affordable compared to other sales in this complex this year. 2 bedroom, 2 bathroom Apartment in the fabulous Drift Palm Cove on the Beach. Fully furnished, the apartment over looks the tropical gardens to the lagoon pool. ...

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Unit

QLD 4879


8 79-83 Williams Esp, Palm Cove

$1,765,000

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FIRST TIME OFFERED FOR SALE รข RARE OPPORTUNITY

Unique property sales are delighted to offer this stunning tranquil retreat by the sea. Located on Williams Esplanade this beachfront has recently been voted Worlds Best Beach by Conde Nast Traveller and its not hard to see why! The standout features of the Esplanade highlight the best of the ...

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Unit

QLD 4879


224-225/5 Triton St, Palm Cove

$695,000

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SEA TEMPLE PALM COVE

Discover luxury living at its finest at 224-225/5 Triton Street, Palm Cove. This elegant two-bedroom, two-bathroom unit within the prestigious Pullman Sea Temple Resort and Spa offers a tranquil escape overlooking the resort's lush tropical pool. The property is filled with natural light and air ...

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Unit

QLD 4879


46 Seclusion Dr, Palm Cove

$860,000

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Outdoor Entertainer's Dream

Indulge in the ultimate Palm Cove lifestyle with this stunning home designed for the discerning entertaining enthusiast who appreciates serenity and tropical surrounds. Nestled in the heart of Cairns' most desirable beach location, this property offers a unique blend of modern luxury and tropical ...

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House

QLD 4879


8/150 Argentea Blvd, Palm Cove

$800,000

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Rare Offering for Palm Cove

Whether you are looking for a permanent home or a peaceful retreat surrounded by lush nature, we have found the perfect property for you! Discover the epitome of tranquillity in this two-story, near new townhouse haven nestled in the heart of nature at 8/150 Argentea Boulevard. The open-plan ...

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Townhouse

QLD 4879


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