Thinking about buying in Palmvale? Now could not be a better time, with just 50 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,166,000 with prices in this suburb ranging from $667,000 to $2,293,000. Palmvale is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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
Palmvale 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. Low average incomes in Palmvale 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 Palmvale 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. Lower than average industry presence in Palmvale 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 Palmvale a better buying opportunity than it may have been in the past.
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Palmvale there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Palmvale 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
Recently Sold Properties / House Prices
| 26-09-2024 | $200,000 | 287 PALMVALE RD |
| 14-04-2022 | $2,300,000 | 253 PALMVALE RD |
| 05-02-2021 | $2,000,000 | 253 PALMVALE RD |
| 19-03-2020 | $689,000 | 2 PALMVALE RD |
| 19-03-2018 | $935,000 | 101 CHRISTIES RD |
| 01-06-2011 | $480,000 | 484 PALMVALE RD |
| 09-08-2006 | $720,000 | 101 CHRISTIES RD |
| 08-10-2004 | $40,000 | 2 PALMVALE RD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Broadbeach North - Greater then 10KM
Broadbeach South - Greater then 10KM
Florida Gardens - Greater then 10KM
Byron Beach - Greater then 10KM
North Beach - Greater then 10KM
General Points of Interest
Cabarita Beach Shopping Centre - Less than 10 KM
Pottsville Beach Sports - Less than 10 KM
Big Motorcycle - Less than 10 KM
Pottsville Golf Course - Less than 10 KM
Rainforest Secrets - Less than 10 KM
WWII Memorial - Less than 10 KM
WWI Cenotaph - Less than 10 KM
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