The size of Palmwoods is approximately 3.9 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of Palmwoods in 2011 was 554 people. By 2016 the population was 108 showing a population decline of 80.5% in the area during that time. The predominant age group in Palmwoods is 0-9 years. Households in Palmwoods are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Palmwoods work in a professional occupation. In 2011, 65.7% of the homes in Palmwoods were owner-occupied compared with 50% in 2016.
Palmwoods has 25 properties. Over the last 5 years, Houses in Palmwoods have seen a 34.73% increase in median value. As at 31 October 2024:
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