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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

We are currently collecting information for this location.

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
Jan7.421.028.858.989.84.923.0
Feb8.421.128.959.091.34.721.0
Mar7.920.328.159.992.64.217.7
Apr5.917.025.855.591.73.816.5
May3.213.423.451.892.43.413.5
Jun4.111.621.254.592.43.512.0
Jul1.610.021.147.492.43.412.9
Aug1.310.422.642.792.23.615.9
Sept112.924.246.090.44.319.6
Oct4.015.925.25490.04.621.9
Nov2.118.527.154.989.64.925.2
Dec6.420.128.25890.54.724.5

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 Mbps

Nearby Suburbs

Landers ShootChevallumWoombyeEudloWest WoombyeHunchyCoes CreekTowen MountainIlkleyForest Glen

Public Transport


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