Palm Cove is an average performer in QLD when comparing median price capital growth over the last year. Palm Cove gave property investors a average capital gain figure when compared to the rest of the state, with 1.71%.
Taking the average capital gain, or increase in median house value, Palm Cove,4879 has racked up an average of 1.71% over the period. This ranks it number 2370th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Palm Cove, 4879. Typically our figures indicate that -5.36% is being offered, which puts this QLD suburb at 2197th most discounted overall in Australia.
Often selling an investment property can take time, and in Palm Cove the average time real estate has been on the market is 90.2368 days.
Palm Cove has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -16.21% to date .
Across a shorter period, Palm Cove, 4879 has seen a median price increase of -0.75% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Palm Cove is offering property investors an average of -6.19. This rate of discount on properties puts Suburb at number 17th in terms of most discounted suburbs in QLD
Renters in Suburb are facing rents around $18200 per annum or $350 every week.