Investment property in Palm Beach has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.96%
Comparing Palm Beach,4221 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Palm Beach are currently offering property investors an average price cut of -5.50% below the asking price at the moment.
At number 1258 in a list of fastest selling suburbs, Palm Beach is in the TOP 40% of suburbs in Australia with an average of days on market 66.61 for properties listed there.
Palm Beach is 551th on a list of best yielding suburbs for rents in QLD with a 4.15% return
Palm Beach, 4221 ranked 66th in QLD when comparing growth in median property values or capital gain over the last 12 months. Palm Beach is one of 2415 in our list for QLD
Across a shorter period, Palm Beach, 4221 has seen a median price increase of 2.34% over the last quarter.
Sellers are offering property buyers an average discount of -4.70% to buyers in Palm Beach at the moment, which is less than average for the rest of QLD.
Situated 77.54km from the CBD, Palm Beach is one of Gold Coast localities in the postcode 4221.