Suburb Profile Report for Palm Beach NSW (2108)

Palm Beach House: Median price $2,550,000, Annual capital growth 1.27%, Number of sales 62, Weekly median advertised rent $1,200

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Palm Beach has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 2.00% to date .

If we look at median property appreciation over just the last three months, Palm Beach has given property investors a paper return of 9.09%. This puts Suburb as 99 on a list of fastest fasting appreciating suburbs in NSW

Palm Beach, 2108 is offering NSW ‘s 72th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.

In the last year 62 properties changed hands in Palm Beach, which puts it as the 535th most active market in NSW when comparing the number of sales per suburb.

Palm Beach is 1043th on a list of best yielding suburbs for rents in NSW with a 2.45% return

Metrics i HOUSE UNIT
$2,550,000 N/A
9.09% N/A
2.00% N/A
1.27% N/A
$1,200 N/A
62 N/A
2.45% N/A
106.09 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
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Demographics
Total population 1596
Median household income ($/weekly) 1865
Median age of persons 53
Median housing loan repayment ($/monthly) 3000
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 143 9.0
    35-44 years 152 9.5
    45-54 years 231 14.5
    55-64 years 309 19.3
    65-74 years 292 18.3
    Others 470 29.4
    Age Group
    Census Count Percent(%)
    Registered Married 625 56.5
    Not Married 380 34.3
    Defacto Relationship 102 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1174 78.8
    Papua New Guinea 33 2.2
    United Kingdom 127 8.5
    United States of America 26 1.7
    Other 52 3.5
    Others 78 5.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 26 1.8
    Christianity 962 66.9
    Hinduism 7 0.5
    Judaism 10 0.7
    No Religion 426 29.6
    Others 6 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 52 10.7
    $2,000-$2,499 48 9.9
    $2,500-$2,999 72 14.8
    $3,000-$3,499 46 9.4
    $4,000 or more 45 9.2
    Others 224 46.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 497 39.1
    Employed, worked full-time 392 30.8
    Employed, worked part-time 306 24.1
    Employed, away from work 41 3.2
    Unemployed, looking for work 35 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 159 21.4
    Professionals 238 32.0
    Technicians & trades workers 67 9.0
    Clerical & administrative workers 91 12.2
    Sales 66 8.9
    Others 122 16.4
    Occupation
    Census Count Percent(%)
    Pre-school 27 9.6
    Infants/Primary 90 31.9
    Secondary 76 27.0
    Technical or Further Educational Institution 21 7.4
    University or other Tertiary Institutions 60 21.3
    Others 8 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1031 77.8
    Semi-detached, row or terrace house, townhouse 247 18.6
    Flat, unit or apartment 44 3.3
    House or flat attached to a shop, office 4 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 278 49.5
    Rented 147 26.2
    Being purchased 130 23.1
    Other tenure type 7 1.2
    Tenure Type
Census 2011, ABS
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