PALM BEACH 4221
State: QLDPosiProp AI Investment Summary
PALM BEACH (QLD 4221) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.3% and has experienced a 12-month capital growth of Up 13.9%, with a median house buy price of $2,050,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,310,000
$1,787,500
$2,422,500
$2,050,000
Suburb Market Profile
Last month Palm Beach had 158 properties available for rent and 161 properties for sale. Median property prices over the last year range from $2,050,000 for houses to $1,200,000 for units. If you are looking for an investment property, consider houses in Palm Beach rent out for $1,350 PW with an annual rental yield of 3.3% and units rent for $875 PW with a rental yield of 4.2%. Palm Beach has seen an annual compound growth rate of 13.9% for houses and 8.1% for units.
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