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Palm Beach QLD 4221

The size of Palm Beach is approximately 6.3 square kilometres. It has 12 parks covering nearly 16% of total area. The population of Palm Beach in 2011 was 13,956 people. By 2016 the population was 14,689 showing a population growth of 5.3% in the area during that time. The predominant age group in Palm Beach is 30-39 years. Households in Palm Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation. In 2011, 54.5% of the homes in Palm Beach were owner-occupied compared with 55.2% in 2016.

Palm Beach has 10,407 properties. Over the last 5 years, Houses in Palm Beach have seen a 99.94% increase in median value, while Units have seen a 108.39% increase. As at 30 September 2024:

• The median value for Houses in Palm Beach is $1,869,120 while the median value for Units is $980,182.
• Houses have a median rent of $955 while Units have a median rent of $750.