The Palms Suburb Profile
Queensland 4570

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The Palms has 482 properties. Over the last 5 years, Houses in The Palms have seen a 117.21% increase in median value, while Units have seen a 380.72% increase. As at 30 June 2024:

  • The median value for Houses in The Palms is $731,875 while the median value for Units is $634,661.
  • Houses have a median rent of $550.
There are currently 4 properties listed for sale, and no properties listed for rent in The palms on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in The palms.

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.

Suburb Insights for THE PALMS 4570

Market Insights
The Palms 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.
The Palms 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 1,004

0-9

 

9%

10-19

 

11%

20-29

 

11%

30-39

 

10%

40-49

 

16%

50-59

 

19%

60-69

 

15%

70-79

 

7%

80-89

 

1%

Household Structure
Occupancy

Last Updated: 30/07/2024

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.