Palm Beach Suburb Profile
Queensland 4221

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Palm Beach has 10,350 properties. Over the last 5 years, Houses in Palm Beach have seen a 93.51% increase in median value, while Units have seen a 97.81% increase. As at 30 June 2024:

  • The median value for Houses in Palm Beach is $1,771,609 while the median value for Units is $935,731.
  • Houses have a median rent of $1,000 while Units have a median rent of $750.
There are currently 70 properties listed for sale, and 66 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 513 properties were sold in the past 12 months in Palm beach.

The size of Palm Beach is approximately 6.3 square kilometres. It has 12 parks covering nearly 16% of total area. The population of Palm Beach in 2011 was 13,956 people. By 2016 the population was 14,689 showing a population growth of 5.3% in the area during that time. The predominant age group in Palm Beach is 30-39 years. Households in Palm Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation. In 2011, 54.5% of the homes in Palm Beach were owner-occupied compared with 55.2% in 2016.

Suburb Insights for PALM BEACH 4221

Market Insights
Palm Beach Trends for Houses
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Palm Beach Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 14,689

0-9

 

11%

10-19

 

11%

20-29

 

12%

30-39

 

15%

40-49

 

14%

50-59

 

13%

60-69

 

12%

70-79

 

7%

80-89

 

4%

90-99

 

1%

Household Structure
Occupancy

Last Updated: 10/07/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.