The size of Palmers Island is approximately 34.8 square kilometres. The population of Palmers Island in 2011 was 477 people. By 2016 the population was 439 showing a population decline of 8.0% in the area during that time. The predominant age group in Palmers Island is 50-59 years. Households in Palmers Island are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmers Island work in a managers occupation. In 2011, 79.5% of the homes in Palmers Island were owner-occupied compared with 80.1% in 2016.
Palmers Island has 237 properties. Over the last 5 years, Houses in Palmers Island have seen a 93.61% increase in median value. As at 31 October 2024:
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