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Palm Beach, NSW 2108

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Palm Beach, NSW 2108 located in Sydney to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Palm Beach, NSW 2108”

  1. The total adult population (15 years or older) of Palm Beach 2108 NSW is 1,485, with a median age of 58. Of those, 56.84% are married, 12.86% are divorced or separated, 24.71% are single and 4.85% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $13,308. The median monthly mortgage repayment for households in this suburb is $4,000 which is 30.06% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburban idyll of Palm Beach, post code 2108 in NSW, is home to approximately 1,418 households. As of the third quarter of 2023, Palm Beach is certainly a luxury market with a typical house prices positioned at an impressive $3,805,044. Should you look towards joining the rental market, the median weekly rent in the area is $1,789 which presents an indicative yield of 2.44%.

    The suburb boasts a high IRSAD score of 1,142 out of a possible 1,217, indicating that residents generally enjoy access to profitable economic resources and favourable economic positions. Proving optimal for individuals with a long-term perspective, the renter to owner ratio is a low 17%, and with a minuscule 8% ratio of units to houses, competition amongst landlords for tenants is predicted to be low.

    Palm Beach’s years to own metric, which highlights the estimated duration required to fully own a property in the area, is however a limiting 112 years. Clearly, securing property ownership in Palm Beach demands a significant investment.

    In terms of supply, Palm Beach presents a stock on market percentage for houses at a low 0.17%, with inventory level hovering at just below one month, or specifically 0.89 months. The building approvals ratio sits at a relatively low 0.83%, further pointing to an environment with low supply.

    On the demand side, the average property spends a sizable 129 days on the market, and with a vacancy rate of around 3% (2.98% to be precise), the demand could be considered moderate. However, given the exceptional character of the Palm Beach property market, these numbers should not necessarily dissuade interested parties, especially given the buy search index for houses stands robustly at 7.

    In summary, it’s clear that Palm Beach maintains a strong appeal to those seeking an exquisite home amidst the unique offerings of the suburb. Given some of these metrics, it’s also crucial that potential buyers and investors take into account the long term view when considering this property market – an investment in Palm Beach may be a substantial one, but it’s an investment in a region that holds its own in terms of cash flow and capital gains potential.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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