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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 5 of 111 investment properties found in Palm Cove on realestateinvestar.com.au

1131-1132/123-127 Williams Esp, Palm Cove

$1,300,000

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Peppers penthouse w/ rooftop plunge and ocean views

Occupying a prime elevated end position within the ever-popular Peppers Beach Club, this exceptional oceanfront penthouse delivers breathtaking views, expansive indoor-outdoor living, and a level of privacy rarely found in Palm Cove. Designed to capture the essence of tropical coastal living, the ...

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QLD 4879


4102/2-22 Veivers Rd, Palm Cove

$399,000

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Turnkey coastal style with tropical outlook

Positioned within the ever-popular Drift Palm Cove, this beautifully refreshed apartment delivers the perfect blend of relaxed coastal living and strong investment appeal. Showcasing a complete internal update with fresh paint, modern lighting, and upgraded bathroom cabinetry, the residence has ...

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QLD 4879


10/109 Upolu Esp, Palm Cove

$1,695,000

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No.10 ARGENTEA BEACH | Palm Cove

Positioned just 100 steps from the sand, between Clifton Beach and Palm Cove, this property is a high-end, turnkey home in one of the Northern Beaches' most sought-after pockets. Immaculately presented, the home showcases a spacious open-plan design with high ceilings, glass louvres, and feature ...

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QLD 4879


11/23-25 Veivers Rd, Palm Cove

$899,000

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Exclusive | Beachside | Location

Discover your own tropical retreat in the heart of beautiful Palm Cove. This stylish three-bedroom, two-bathroom apartment is ideally located within the popular Oasis Resort, just 100 metres from the famous beach and lively Esplanade. Inside, the apartment features a fresh and modern design with ...

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QLD 4879


11 Thais St, Palm Cove

$1,390,000

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Entertainer's Dream | Heart of Palm Cove | Massive Shed

Freshly renovated and designed for modern living and outdoor entertaining, this Palm Cove home sits on a generous 757m² block and features a lagoon-style pool surrounded by lush tropical gardens, side access for boats or caravans, and a 12x6m shed/workshop with covered entrya rare combination that ...

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QLD 4879


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