Palmtree Suburb Profile

Queensland 4352

Palmtree has 53 properties. Over the last 5 years, Houses in Palmtree have seen a 156.09% increase in median value, while Units have seen a -13.61% decrease. As at 31 October 2024:

• The median value for Houses in Palmtree is $1,181,695 while the median value for Units is $324,987.

The size of Palmtree is approximately 41.1 square kilometres. It has 3 parks covering nearly 6% of total area. The population of Palmtree in 2011 was 367 people. By 2016 the population was 68 showing a population decline of 81.5% in the area during that time. The predominant age group in Palmtree is 40-49 years. Households in Palmtree are primarily couples with children and are likely to be repaying $2400 - $2999 per month on mortgage repayments. In general, people in Palmtree work in a professional occupation. In 2011, 81.7% of the homes in Palmtree were owner-occupied compared with 79.3% in 2016..