19 Main StreetPalmwoods QLD 4555
Property Details for 19 Main St, Palmwoods
Last Listing description (October 2023)
Total Land Area: 541m2
Building Area: 375m2 approx.
Zone: Low Impact Industry Zone
Walk to all town services and shopping.
Close to Train Station, and opposite Palmwoods
Hotel in Main St.
Current tenant month to month from February 2023
The property has been priced with regards to repairs
and maintenance required to the building
Good Holding Income.
Rare opportunity for an owner-occupier, investor, or both
FOR SALE $550,000.00 + GST (if applicable)
Property History for 19 Main St, Palmwoods, QLD 4555
- 02 Feb 2024Sold for $525,000
- 09 Feb 2023Listed for Sale $550,000
- 02 Mar 2021Listed for Rent $660 / year
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About Palmwoods 4555
The size of Palmwoods is approximately 23.9 square kilometres. It has 24 parks covering nearly 4.7% of total area. The population of Palmwoods in 2011 was 5,491 people. By 2016 the population was 5,660 showing a population growth of 3.1% in the area during that time. The predominant age group in Palmwoods is 10-19 years. Households in Palmwoods are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmwoods work in a professional occupation. In 2011, 74.2% of the homes in Palmwoods were owner-occupied compared with 75.8% in 2016.
Palmwoods has 3,014 properties. Over the last 5 years, Houses in Palmwoods have seen a 71.12% increase in median value, while Units have seen a 92.50% increase. As at 31 July 2024:
- The median value for Houses in Palmwoods is $947,288 while the median value for Units is $733,950.
- Houses have a median rent of $650 while Units have a median rent of $445.
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