De Castella Road

The Palms QLD 4570

The size of The Palms is approximately 15.7 square kilometres. It has 2 parks covering nearly 1.8% of total area. The population of The Palms in 2011 was 865 people. By 2016 the population was 1,004 showing a population growth of 16.1% in the area during that time. The predominant age group in The Palms is 50-59 years. Households in The Palms are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in The Palms work in a trades occupation. In 2011, 86.2% of the homes in The Palms were owner-occupied compared with 85.8% in 2016.

The Palms has 483 properties. Over the last 5 years, Houses in The Palms have seen a 115.11% increase in median value, while Units have seen a 435.95% increase. As at 30 September 2024:

• The median value for Houses in The Palms is $741,208 while the median value for Units is $707,580.
• Houses have a median rent of $550.