4/2 Ocean Place

Palm Beach NSW 2108

The size of Palm Beach is approximately 2.7 square kilometres. It has 21 parks covering nearly 41.8% of total area. The population of Palm Beach in 2011 was 1,596 people. By 2016 the population was 1,620 showing a population growth of 1.5% in the area during that time. The predominant age group in Palm Beach is 60-69 years. Households in Palm Beach are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation. In 2011, 70.5% of the homes in Palm Beach were owner-occupied compared with 75.2% in 2016.

Palm Beach has 1,438 properties. Over the last 5 years, Houses in Palm Beach have seen a 22.47% increase in median value, while Units have seen a 91.07% increase. As at 31 July 2024:

• The median value for Houses in Palm Beach is $3,185,810 while the median value for Units is $1,991,896.
• Houses have a median rent of $1,500 while Units have a median rent of $618.