Palmwoods
QLD, 4555
-
Sunshine Coast
Thinking about buying in Palmwoods? Now could not be a better time, with 3995 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $963,000 with prices in this suburb ranging from $191,000 to $5,927,000. The aproximate distance to the coast is 11 Km.
Household Makeup
| Median Weekly Rent | $409.83 |
| Median Monthly Mortgage | $1807.75 |
| Median Persons Per Bedroom | 0.74 |
| Average Household Size | 2.83 |
| Average Age | 45.58 |
| Average Income | $756.42 |
| Average Cars Per Dwelling | 2.06 |
| Average Properties Within 50M | 19 |
Housing Stock
Average Property Prices
| 1 Bed $735,000 |
| 2 Bed $810,000 |
| 3 Bed $864,000 |
| 4 Bed $1,032,000 |
| 5 Bed $1,358,000 |
| 6 Bed+$1,437,000 |
Palmwoods 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 Palmwoods 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 Palmwoods 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. Lower than average population density constrains growth in Palmwoods to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Palmwoods 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 Palmwoods a better buying opportunity than it may have been in the past.
Local Schools
Palmwoods State School
Woombye State School
Sunshine Coast Grammar School
Suncoast Christian College
Eudlo State School
Chevallum State School
Montessori International College
(While the above schools are located with the suburb of Palmwoods there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Palmwoods 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
| 15-04-2024 | $870,000 | 199 PALMWOODS RD |
| 03-08-2021 | $600,000 | 148 PALMWOODS RD |
| 11-05-2021 | $250,000 | 156 PALMWOODS RD |
| 07-12-2018 | $489,000 | 194 PALMWOODS RD |
| 09-05-2018 | $485,000 | 199 PALMWOODS RD |
| 15-12-2017 | $520,000 | 202 PALMWOODS RD |
| 07-12-2012 | $315,000 | 199 PALMWOODS RD |
| 09-04-2009 | $370,000 | 198 PALMWOODS RD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Byron Beach - Greater then 10KM
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