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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 $1,347,500 and this has changed 12.29% over the past year and changed 28.33% over 2 years.

The median rent in Palm Cove for houses is $800 per week and the median rental yield is 3.08%. Stock on the market for houses/townhouses has changed 21.43% compared to last year and the average time to sell a house/townhouse is 108 days.The median listing price for units is $582,500 and this has changed 30.89% over the past year. The average unit takes 132 days to sell and the median rent for a unit in Palm Cove is $500 per week, producing a rental yield of 4.46%.

Supply & Demand in Palm Cove, Cairns

0.85%

Current vacancy rate


18

Rental stock available


2,059

Population


28.24%

Rental population


0.76%

Current vacancy rate


617

Rental stock available


156,898

Population


32.50%

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 Cove, Cairns

  House Townhouses Units
Median listing price $1,347,500 NA $582,500
Median price change - last quarter -3.35% NA 15.00%
Median price change - 1 year 12.29% NA 30.89%
Median price change - 2 years 28.33% NA 45.98%
  House Townhouses Units
Median weekly rent $800 NA $500
Median yield % 3.08% NA 4.46%
Median rent change - 1 year 6.66% NA 8.69%
  House Units
Previous month sales 2 4
Stock on market previous month 34 30
Stock variance vs. last year 21.43% -11.76%
Average days on market 108 132

Palm Cove investment property listings

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

3/137 Williams Esp, Palm Cove

$1,295,000

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Designer Living Meets Palm Cove

From the moment you arrive, the relaxed rhythm of Palm Cove takes over sea breezes, ocean views, and the sound of the ocean just beyond your balcony. This luxuriously fully furnished, fully renovated apartment captures that lifestyle perfectly, offering elegant coastal living in one of North ...

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Unit

QLD 4879


7 Camelia Ct, Palm Cove

$0

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BRAND NEW BEACHSIDE HOME

WITH EVERYTHING DONE INCLUDING LANDSCAPING, JUST MOVE IN AND START LIVING! Live the lifestyle you deserve with this brand new, fully optioned home located only 200 metres from the beach and village in the heart of Palm Cove. Recently completed, this executive home is sure to impress with its ...

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House

QLD 4879


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