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All About Palen Creek, Scenic Rim, QLD, 4287

Palen Creek, a serene locality in the Scenic Rim Region of Queensland, boasts a tranquil rural lifestyle amidst picturesque landscapes. The housing market here reflects its laid-back charm, characterized by spacious properties often surrounded by lush greenery and rolling hills. Homebuyers in Palen Creek can typically expect to find larger lots, often used for farming or simply enjoying the expanse of nature, given its agricultural roots. The market is relatively stable, appealing particularly to those seeking solace away from urban hustle, offering a unique opportunity to embrace a peaceful yet fulfilling lifestyle.

Living in Palen Creek means immersing oneself in a tight-knit community where neighbors often know each other by name and life moves at a more leisurely pace. Residents enjoy a close connection to nature, with numerous opportunities for outdoor activities such as hiking, horse riding, and bird watching in the nearby national parks. Despite its rural setting, Palen Creek is not far from essential amenities and services, with the town of Beaudesert and other communities in the Scenic Rim providing access to schools, healthcare, and shopping options. The area attracts those who appreciate a simple, nature-centric way of living, making it an ideal choice for families, retirees, or anyone looking to enjoy the tranquility of country life while still being connected to the essentials.

Household Makeup

Median Weekly Rent $235.00
Median Monthly Mortgage $1071.00
Median Persons Per bed houseroom 0.70
Average Household Size 2.00
Average Age 57.00
Average Income $615.00
Average Cars Per Dwelling 1.96
Average Properties Within 50M 1
Typical 3 bed house$955,000
Typical 4 bed house$1,311,000
Typical 6 bed+ house$4,586,000

Housing Stock

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Palen Creek Real Estate Market Outlook

Thinking about buying in Palen Creek? Now could not be a better time, with just 151 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,425,000 with prices in this suburb ranging from $441,000 to $4,586,000. The aproximate distance to the coast is 56 Km.

In Palen Creek there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Palen Creek is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Palen Creek changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Palen Creek requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Palen Creek we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Palen Creek a better buying opportunity than it may have been in the past.

Instant Property Valuation

Local Schools

Rathdowney State School

(While the above schools are located with the suburb of Palen Creek there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Palen Creek weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan4.519.131.447.594.11.923.8
Feb2.319.731.25494.92.124.2
Mar5.018.229.451.094.11.718.4
Apr1.614.027.048.595.71.516.7
May1.99.523.847.196.21.313.9
Jun1.67.721.449.996.11.412.0
Jul1.17.221.946.196.61.113.2
Aug0.86.023.732.394.11.415.8
Sept1.49.926.136.194.81.619.8
Oct2.212.327.936.894.61.823.1
Nov2.216.230.340.293.21.825.9
Dec3.618.331.145.393.61.824.8

source: Australian Government Bureau of Meteorology




General Points of Interest


Nearby Suburbs

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