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 4.2% and has experienced a 12-month capital growth of Up 16.6%, with a median house buy price of $1,188,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$862,500
$1,145,250
$1,252,500
$1,188,500
Suburb Market Profile
Last month Palm Cove had 20 properties available for rent and 86 properties for sale. Median property prices over the last year range from $1,188,500 for houses to $560,000 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 4.2% and units rent for $585 PW with a rental yield of 5.2%. Palm Cove has seen an annual compound growth rate of 16.6% for houses and 40.0% for units.
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