Suburb Profile Report for Palm Beach NSW (2108)

Palm Beach House: Median price $3,405,000, Annual capital growth 4.19%, Number of sales 56, Weekly median advertised rent $1,100

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Palm Beach has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.56% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Palm Beach comes in at number 141th in NSW.

Palm Beach2108 is located in NSW which offers an average discount of -6.46% to property investors. Palm Beach itself is showing figures that indicate -8.31% is the average achievable by property buyers investing in the suburb.

At number 3412 in a list of fastest selling suburbs, Palm Beach is in the bottom 10% of suburbs in Australia with an average of days on market 127.259 for properties listed there.

Situated 31.29km from the CBD, Palm Beach is one of Northern Beaches (A) localities in the postcode 2108.

Metrics i HOUSE UNIT
$3,405,000 N/A
2.53% N/A
12.56% N/A
4.19% N/A
$1,100 N/A
56 N/A
1.68% N/A
127.259259259259 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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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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