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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 $1,300,000 and this has changed 4.00% over the past year and changed 30.00% over 2 years.

The median rent in Palm Cove for houses is $780 per week and the median rental yield is 3.12%. Stock on the market for houses/townhouses has changed 40.74% compared to last year and the average time to sell a house/townhouse is 108 days.The median listing price for units is $575,000 and this has changed 27.77% over the past year. The average unit takes 128 days to sell and the median rent for a unit in Palm Cove is $495 per week, producing a rental yield of 4.47%.

Supply & Demand in Palm Cove, Cairns

1.27%

Current vacancy rate


27

Rental stock available


2,059

Population


28.24%

Rental population


0.78%

Current vacancy rate


631

Rental stock available


156,898

Population


32.50%

Rental population


0.87%

Current vacancy rate


20,720

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 $1,300,000 NA $575,000
Median price change - last quarter -3.35% NA 15.00%
Median price change - 1 year 4.00% NA 27.77%
Median price change - 2 years 30.00% NA 47.43%
  House Townhouses Units
Median weekly rent $780 NA $495
Median yield % 3.12% NA 4.47%
Median rent change - 1 year 1.29% NA 7.60%
  House Units
Previous month sales 3 4
Stock on market previous month 38 40
Stock variance vs. last year 40.74% 37.93%
Average days on market 108 128

Palm Cove investment property listings

Showing 5 of 76 investment properties found in Palm Cove on realestateinvestar.com.au

16/67-81 Argentea Blvd, Palm Cove

$1,839,000

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No rear Neighbours, BRAND NEW, prestige living in a Palm Cove en

Unique Property Sales proudly presents this brand-new, private and luxurious property set amongst other quality homes in the boutique estate ESPRIT. Just finished in 2024 by Dixon Homes, this residence offers an exceptional blend of modern elegance and a relaxed tropical lifestyle. With stunning ...

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QLD 4879


34/23-25 Veivers Rd, Palm Cove

$775,000

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Discover Your Dream Holiday Home in Palm Cove

Nestled amidst the serene beauty of Oasis at Palm Cove, this stunning 3-bedroom, 2-bathroom residence offers the perfect blend of luxury, comfort, and tropical lifestyle. Boasting a prime location with breathtaking views, this home is your ideal escape into paradise. Property Highlights: - ...

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QLD 4879


4 Savaii Cl, Palm Cove

$1,100,000

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OH, SO DIVINE & CALMING - MUST BE SEEN & FELT TO BE BELIEVED!

DESIGNED FOR RELAXATION PRIVACY, ENTERTAINING IN STYLE & TRANQUILITY Spectacularly refurbished with the essence & allure of Singapore's Raffles Hotel, this is a true oasis of vibrant elegance, overlaid with brilliant functionality. This exceptional resort style retreat where indoor & out merges ...

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QLD 4879


65/9 Veivers Rd, Palm Cove

$725,000

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Luxury beachfront retreat spacious dual-level apartment in Alam

Flooded with natural light and designed for seamless indoor-outdoor living, this two-level apartment features a spacious downstairs bedroom with plantation shutters and two bathrooms (easily converted back to a two-bedroom layout). Upstairs, the open-plan living area extends to a generous balcony ...

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QLD 4879


82 Cascade Blvd, Palm Cove

$1,375,000

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Striking pavilion design meets tropical elegance.

Embraced by a lush tropical outlook and less than five minutes' walk from the beach, this contemporary pavilion home combines exceptional design ethos with a sophisticated coastal aesthetic. Comprising four pavilions connected by a multi-level timber deck and pool, the considered open plan layout ...

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QLD 4879


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