Palm Cove is in the TOP 10% in QLD when comparing median price capital growth over the last year. Palm Cove gave property investors a very good capital gain figure when compared to the rest of the state, with 27.59%.
Across a shorter period, Palm Cove, 4879 has seen a median price increase of 3.56% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Palm Cove is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 209th in terms of most discounted suburbs in QLD
Residents and property investors in Palm Cove have been waiting around 100.518 days to sell a property.
Giving property investors a a poor capital gain of -11.25% for the last year, Palm Cove, 4879 is the 1583th highest performer in Australia in this respect.
A -7.20% growth in median value for property investors in Palm Cove,4879 puts this suburb at number 366th in terms of best performing suburbs in QLD
Vendor discounting in Palm Cove is giving property investors an average Vendor Discount of around -6.58%. This puts suburb at number 26th in QLD when ranking the most discounted suburbs.
Advertised rents are around the $350 mark per week – giving a return of 6.28% based on the median price in Suburb