Palm Beach, QLD
Find the latest property data and property news available for the suburb of Palm Beach, plus mapping tools and demographic information. If you are thinking of selling, buying, or investing in property in Palm Beach, then our suburb snapshot is crucial reading. Property price and rental data for the suburb of Palm Beach is provided by RP Data.
News
A large proportion of vendors remain under the illusion that their properties are undoubtedly worth more now than three to five years ago.
Another of Mark McIvor’s prestige Gold Coast property holdings has been listed under receiver’s instructions.
Businessman Warren Johns has sold in Pyrmont, another high-floor Eureka Tower apartment is for sale, and former Elle editor-in-chief Debbie Coffey has traded again in Mosman.
Suburb Snapshot
Houses
| Median sale price | $493,750 |
| Change in median price in last year | -3.2% |
| Change in median price in past five years | -11.7% |
| Average discount | -13.2% |
| Average time on market | 93.1 |
| Average hold period | 11.8 |
| Median price for houses $350k to $750k | $472,000 |
| Median price for houses over $750k | $910,000 |
| Median asking rent | $430 |
| Indicative gross rental yield | 4.5% |
Units
| Median sale price | $320500 |
| Change in median price in last year | -2.9% |
| Change in median price in past five years | -6.4% |
| Average discount | -13.4% |
| Average time on market | 111.3 |
| Average hold period | 10.6 |
| Median price for units $350k to $750k | $444,500 |
| Median asking rent | $300 |
| Indicative gross rental yield | 4.9% |
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