Auction Times
Wed 4 Mar | Auction Time | Agency | |
|---|---|---|---|
 | PACIFIC 602-2 Twenty Third Av 3 3 2 Apartment | 11:00 AM Wed 4th Mar | Harcourts Coastal |
Median Sale Price
House
$905K
Updated on Jan 2020
2 BR $770K | 3 BR $800K | 4 BR $1.07M |
Unit
$489K
Updated on Jan 2020
1 BR $298K | 2 BR $430K | 3 BR $816K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $525,000 | 0.0% | $247,500 | $3,600,000 | 121 |
| 2010 | $550,000 | +4.5% | $289,000 | $3,350,000 | 137 |
| 2011 | $510,000 | -7.8% | $52,000 | $3,000,000 | 121 |
| 2012 | $495,000 | -3.0% | $225,000 | $2,285,000 | 175 |
| 2013 | $530,000 | +6.6% | $118,000 | $4,000,000 | 266 |
| 2014 | $570,000 | +7.0% | $350,000 | $3,750,000 | 193 |
| 2015 | $665,000 | +14.3% | $425,000 | $5,195,000 | 205 |
| 2016 | $700,000 | +5.0% | $367,000 | $3,670,000 | 195 |
| 2017 | $790,000 | +11.4% | $290,000 | $3,500,000 | 176 |
| 2018 | $783,500 | -0.8% | $500,000 | $4,010,000 | 73 |
| 2019 | $885,000 | +11.5% | $650,000 | $1,925,000 | 28 |
| 2020 | - | - | - | - | - |
Median Sale Price
$885K
Based on 28 recorded sales within the last 12 months
Updated on 20 Feb 2020
Suburb Growth
+9.0%
Current Median Price: $885,000
Previous Median Price: $805,000
Based on 80 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$630
Updated on Jan 2020
2 BR $460 | 3 BR $650 | 4 BR $800 |
Unit
$430
Updated on Jan 2020
1 BR $300 | 2 BR $430 | 3 BR $600 | 4 BR $705 |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $440 | 0.0% | $250 | $850 | 120 |
| 2012 | $450 | +2.2% | $255 | $1,450 | 133 |
| 2013 | $450 | 0.0% | $230 | $1,100 | 124 |
| 2014 | $495 | +9.1% | $300 | $2,600 | 86 |
| 2015 | $550 | +10.0% | $250 | $1,750 | 181 |
| 2016 | $570 | +3.5% | $250 | $1,600 | 165 |
| 2017 | $620 | +8.1% | $285 | $2,530 | 185 |
| 2018 | $630 | +1.6% | $250 | $2,200 | 173 |
| 2019 | $650 | +3.1% | $260 | $1,850 | 146 |
| 2020 | $900 | +27.8% | $430 | $980 | 4 |
Median Rent Price
$655
per week
Based on 135 recorded rent within the last 12 months
Updated on 20 Feb 2020
Rent Price Growth
+3.8%
Current Median Rent: $655
Previous Median Rent: $630
Based on 296 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $885,000
Current Median rent: $655
Based on 163 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)
Auction Results For Palm Beach
Houses sold in Last 12 months ends 15 Feb 2020
$820K
Median Sale Price
99%
Clearance Rate
50/51
Sold/Reported
$4.4M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 2 | |
| $1.8 M - $2 M | 1 | |
| $1.6 M - $1.8 M | 3 | |
| $1.4 M - $1.6 M | 2 | |
| $1.2 M - $1.4 M | 2 | |
| $1 M - $1.2 M | 6 | |
| $800 K - $1 M (Median Price Range) | 9 | |
| $600 K - $800 K | 20 | |
Similar Suburbs to Palm Beach 4221
Based on median house sale price sold in last 12 months
Schools closest to Palm Beach, QLD 4221
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Palm Beach-Currumbin State High School | THROWER DRIVEPalm Beach 4221 | Secondary | Government | 1.19 km |
| Elanora State School | K P MCGRATH DRIVEElanora 4221 | Primary | Government | 1.14 km |
| Palm Beach State School | NINETEENTH AVENUEPalm Beach 4221 | Primary | Government | 1.57 km |
| Currumbin State School | PHILIP STREETCurrumbin 4223 | Primary | Government | 2.02 km |
| Elanora State High School | CNR 19TH AVENUE & AVOCADO STREETElanora 4221 | Secondary | Government | 2.05 km |