Palm Beach
NSW, 2108
-
Northern Beaches
Thinking about buying in Palm Beach? Now could not be a better time, with 1625 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $6,039,000 with prices in this suburb ranging from $183,000 to $53,117,000. Palm Beach is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Household Makeup
| Median Weekly Rent | $840.00 |
| Median Monthly Mortgage | $4083.50 |
| Median Persons Per Bedroom | 0.60 |
| Average Household Size | 2.00 |
| Average Age | 60.50 |
| Average Income | $1483.00 |
| Average Cars Per Dwelling | 1.85 |
| Average Properties Within 50M | 12 |
Housing Stock
Average Property Prices
| 1 Bed $5,686,000 |
| 2 Bed $3,742,000 |
| 3 Bed $3,936,000 |
| 4 Bed $5,165,000 |
| 5 Bed $6,385,000 |
| 6 Bed+$11,929,000 |
Palm Beach Real Estate Market Outlook
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Palm Beach due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Palm Beach classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Palm Beach 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. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Houses for sale Palm Beach
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Local Schools
Barrenjoey High School
Barrenjoey Montessori School
Maria Regina Catholic Primary School
(While the above schools are located with the suburb of Palm Beach there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Palm Beach 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 7.4 | 21.0 | 28.8 | 58.9 | 89.8 | 4.9 | 23.0 |
| Feb | 8.4 | 21.1 | 28.9 | 59.0 | 91.3 | 4.7 | 21.0 |
| Mar | 7.9 | 20.3 | 28.1 | 59.9 | 92.6 | 4.2 | 17.7 |
| Apr | 5.9 | 17.0 | 25.8 | 55.5 | 91.7 | 3.8 | 16.5 |
| May | 3.2 | 13.4 | 23.4 | 51.8 | 92.4 | 3.4 | 13.5 |
| Jun | 4.1 | 11.6 | 21.2 | 54.5 | 92.4 | 3.5 | 12.0 |
| Jul | 1.6 | 10.0 | 21.1 | 47.4 | 92.4 | 3.4 | 12.9 |
| Aug | 1.3 | 10.4 | 22.6 | 42.7 | 92.2 | 3.6 | 15.9 |
| Sept | 1 | 12.9 | 24.2 | 46.0 | 90.4 | 4.3 | 19.6 |
| Oct | 4.0 | 15.9 | 25.2 | 54 | 90.0 | 4.6 | 21.9 |
| Nov | 2.1 | 18.5 | 27.1 | 54.9 | 89.6 | 4.9 | 25.2 |
| Dec | 6.4 | 20.1 | 28.2 | 58 | 90.5 | 4.7 | 24.5 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Broadbeach North - Greater then 10KM
Broadbeach South - Greater then 10KM
Cavill Avenue - Greater then 10KM
Cypress Avenue - Greater then 10KM
Florida Gardens - Greater then 10KM
Northcliffe - Greater then 10KM
Surfers Paradise North - Greater then 10KM
Surfers Paradise - Greater then 10KM
HOTA, Home of the Arts - Greater then 10KM
Surfers Paradise Ferry Terminal - Greater then 10KM
General Points of Interest
Piggabeen Sports Complex - Greater then 10KM
North Burleigh SLSC - Greater then 10KM
The Pines Shopping Centre - Greater then 10KM
Neptune RLSC - Greater then 10KM
Q Super Centre - Greater then 10KM
Mermaid Beach AEME SLSC - Greater then 10KM
Tallebudgera Leisure Centre - Greater then 10KM
Gold Coast District Cricket Club - Greater then 10KM
Gold Coast Burleigh Golf Club - Greater then 10KM
Burleigh Heads Soccer Club - Greater then 10KM
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