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Palm Grove
NSW, 2258 - Central Coast (NSW)

Thinking about buying in Palm Grove? Now could not be a better time, with just 56 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,250,000 with prices in this suburb ranging from $633,000 to $3,041,000. The aproximate distance to the coast is 14 Km.

Household Makeup

Median Weekly Rent $
Median Monthly Mortgage $
Median Persons Per Bedroom
Average Household Size
Average Age
Average Income $
Average Cars Per Dwelling
Average Properties Within 50M

Housing Stock

Average Property Prices

Palm Grove 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 Grove due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Palm Grove 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Palm Grove the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Properties for sale Palm Grove

McGrath 604 OURIMBAH CREEK RD, PALM GROVE, NSW, 2258 Beds Bathrooms Price on request

Local Schools

Somersby Public School

(While the above schools are located with the suburb of Palm Grove 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.

Palm Grove 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
Jan2.518.631.642.294.32.922.2
Feb3.518.029.746.295.12.718.8
Mar4.615.92749.996.02.415.5
Apr2.212.224.647.496.72.014.0
May1.17.221.146.996.71.711.4
Jun2.35.818.054.2971.99.2
Jul0.63.718.643.994.72.210.7
Aug1.14.320.037.892.82.613.2
Sept1.17.623.234.593.22.917.3
Oct1.511.625.338.794.12.819.7
Nov2.314.828.239.994.12.922.6
Dec2.616.629.839.994.3323.7

source: Australian Government Bureau of Meteorology


Recently Sold Properties / House Prices

11-07-2024 $1,220,000 11 PLATYPUS CREEK LANE
02-04-2024 $3,300,000 604 OURIMBAH CREEK RD
08-08-2023 $1,610,000 644 OURIMBAH CREEK RD
23-12-2020 $950,000 1313 OURIMBAH CREEK RD
08-05-2020 $2,125,000 604 OURIMBAH CREEK RD
26-06-2018 $1,765,000 812 OURIMBAH CREEK RD
03-06-2017 $15,000 10 MOORES POINT LANE
24-03-2017 $425,000 615 OURIMBAH CREEK RD
05-12-2016 $1,250,000 912 OURIMBAH CREEK RD
21-10-2016 $1,450,000 466 OURIMBAH CREEK RD
20-01-2016 $1,420,000 50 MOORES POINT LANE
16-01-2015 $665,000 104 LYREBIRD LANE
26-11-2014 $600,000 169 LYREBIRD LANE
24-09-2014 $830,000 1313 OURIMBAH CREEK RD
17-07-2014 $636,000 143 LYREBIRD LANE
07-07-2014 $1,290,000 812 OURIMBAH CREEK RD
10-06-2014 $605,000 21 PLATYPUS CREEK LANE
20-12-2012 $800,000 7 LYREBIRD LANE
23-11-2012 $668,000 478 OURIMBAH CREEK RD
18-10-2011 $1,205,000 812 OURIMBAH CREEK RD
18-06-2010 $1,082,000 604 OURIMBAH CREEK RD
07-05-2010 $570,000 21 PLATYPUS CREEK LANE
18-01-2010 $1,300,000 10 WOMBATS END
28-06-2007 $1,657,000 783 OURIMBAH CREEK RD
11-05-2007 $645,000 169 LYREBIRD LANE

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

OurimbahCentral MangrovePalmdaleSomersbyPeats RidgeWyong CreekNiagara ParkKangy AngyNararaMardi

Public Transport


General Points of Interest

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