PALM COVE 4879
State: QLDPosiProp AI Investment Summary
PALM COVE (QLD 4879) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.0% and has experienced a 12-month capital growth of Up 15.8%, with a median house buy price of $1,100,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$800,000
$1,250,000
$1,175,000
$1,100,500
Suburb Market Profile
Last month Palm Cove had 16 properties available for rent and 63 properties for sale. Median property prices over the last year range from $1,100,500 for houses to $476,000 for units. If you are looking for an investment property, consider houses in Palm Cove rent out for $885 PW with an annual rental yield of 4.0% and units rent for $590 PW with a rental yield of 5.4%. Palm Cove has seen an annual compound growth rate of 15.8% for houses and 19.9% for units.