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Palmwoods, QLD 4555

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 Palmwoods, QLD 4555 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 “Palmwoods, QLD 4555”

  1. The total adult population (15 years or older) of Palmwoods 4555 QLD is 5,165, with a median age of 43. Of those, 49.72% are married, 14.00% are divorced or separated, 31.36% are single and 5.07% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $7,964. The median monthly mortgage repayment for households in this suburb is $1,878 which is 23.58% of their earnings.

    Source: ABS Census Data (2021)

  2. Positioned in the heart of QLD, Palmwoods 4555 is a vibrant community and boasts approximately 3163 households. As the third quarter of 2023 unfolds, typical pricing for houses in this suburb stands at a considerable figure of $798,903. Mirroring this, median weekly rent is located at the higher end of the scale, estimated at $684. This combination of factors leads to an indicative yield of 4.45%, which, notably, surpasses the minimal attractive market threshold of 3%, making it a potentially appealing choice for cashflow-centered investors.

    The socio-economic canvas of Palmwoods is also noteworthy, with the region scoring an encouraging 998 out of a possible 1217 on the IRSAD scale. This figure represents a healthy socio-economic status within the locality, potentially contributing to property market stability.

    Examining the market from the rental perspective, the suburb presents a renter to owner ratio of 21%. This is comfortably below the 30% threshold, suggesting a degree of balance between ownership and rental in the area. The units to houses ratio further consolidates this sense of balance, standing at a low 1% – a benchmark that typically encourages longer tenancy periods and less competition for landlords.

    However, the suburb’s affordability index presents a more challenging landscape. At 39 years to own a property, this exceeds the preferable range, indicating decreased affordability and potentially acting as a barrier to entry for first-time home buyers.

    Turning focus to supply metrics, Palmwoods exhibits a stock on market Percentage of a mere 0.24% for houses, creating a scarcity that may work in favour of sellers. This shortage is further emphasised with an inventory Level sitting at only 0.74 months. Interestingly, the building approvals Ratio for houses is at a balanced 1.02%, preventing an oversupply scenario.

    In terms of demand, the average Days on the Market (DoM) for houses is measured at 64 days, which, although not signalling a particularly high demand, veers toward a friendly buyers’ market. The vacancy rate, which combines both houses and units, is measured at 2.42%, maintaining within the neutral demand range.

    The suburb’s appeal is mirrored in its online presence too, with a buy search index for houses clocking in at 5, suggesting a strong proportion of buyers seeking opportunities in Palmwoods.

    Overall, although selected elements prove consequential, majority metrics, particularly the profitability figures, lean towards favourable conditions for investors considering the potential of Palmwood. As ever, vigilance and trend-spotting remain crucial in optimising investment decisions.

    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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