Property investors who have had real estate in Palm Beach, 2108 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 16.00%
Palm Beach,2108 was ranked 2979 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Palm Beach should be aiming for at least -8.41% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 60 properties changed hands in Palm Beach, which puts it as the 552th most active market in NSW when comparing the number of sales per suburb.
Palm Beach is 1070th on a list of best yielding suburbs for rents in NSW with a 2.30% return
When looking at the potential capital gains offered to property investors over the last 3 years, Palm Beach comes in at number 314th in NSW.