Part of Sunshine Coast, QLD
| Median Weekly Rent | $409.83 |
| Median Monthly Mortgage | $1807.75 |
| Median Persons Per Bedroom | 0.74 |
| Average Household Size | 2.83 |
| Average Age | 45.58 |
| Average Income | $756.42 |
| Average Cars Per Dwelling | 2.06 |
| Average Properties Within 50M | 19 |
| 1 bed property | $735,000 |
| 2 bed property | $810,000 |
| 3 bed property | $864,000 |
| 4 bed property | $1,032,000 |
| 5 bed property | $1,358,000 |
| 6 bed+ property | $1,437,000 |
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Thinking about buying in Palmwoods? Now could not be a better time, with 3995 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $963,000 with prices in this suburb ranging from $191,000 to $5,927,000. The approximate distance to the coast is 11 Km.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Palmwoods is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Palmwoods changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Palmwoods to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Palmwoods we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Palmwoods a better buying opportunity than it may have been in the past.
Instant Property ValuationPalmwoods, located in the hinterland of the Sunshine Coast, Queensland, has become an increasingly popular choice for homeowners seeking a balance between tranquil country living and accessibility to coastal amenities. The housing market in Palmwoods has shown notable growth over recent years, reflecting its popularity among both families and retirees. This trend is influenced by the suburb's appealing combination of affordable housing options and charming environment. Prospective buyers can find a range of properties, from cozy Queenslander-style homes to more modern builds, often set on sizable plots that provide ample space for gardening or outdoor activities. The steady demand has contributed to rising property values, yet Palmwoods remains a more affordable alternative to the more expensive waterfront locales on the Sunshine Coast, making it attractive for first-time buyers or those looking to downsize.
Living in Palmwoods offers residents a peaceful lifestyle amidst natural beauty, complemented by a close-knit community vibe. The area is known for its welcoming atmosphere and active local scene, bolstered by vibrant markets, community events, and a variety of local businesses and cafes that give the town its distinctive character. Residents enjoy the convenience of being a short drive from the Sunshine Coast’s stunning beaches, while also having easy access to the lush hinterland regions, ideal for hiking, with attractions such as the nearby Kondalilla National Park. The blend of rural charm and modern amenities, including good schools and transport links, ensures that Palmwoods not only appeals to families but also attracts professionals who value a slower-paced lifestyle without sacrificing connectivity. Overall, Palmwoods offers a harmonious living experience that captures the essence of the Sunshine Coast’s appeal.
| Settlement Date | Sale Price | Property Address | Details |
|---|---|---|---|
| 2024-04-15 | $870,000 | 199 Palmwoods Road | Palmwoods, QLD |
| 2021-08-03 | $600,000 | 148 Palmwoods Road | Palmwoods, QLD |
| 2021-05-11 | $250,000 | 156 Palmwoods Road | Palmwoods, QLD |
| 2018-12-07 | $489,000 | 194 Palmwoods Road | Palmwoods, QLD |
| 2018-05-09 | $485,000 | 199 Palmwoods Road | Palmwoods, QLD |
| 2017-12-15 | $520,000 | 202 Palmwoods Road | Palmwoods, QLD |
| 2012-12-07 | $315,000 | 199 Palmwoods Road | Palmwoods, QLD |
| 2009-04-09 | $370,000 | 198 Palmwoods Road | Palmwoods, QLD |
Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 7.4 | 21.0 | 28.8 | 58.9 | 89.8 | 4.9 | 23.0 |
| Feb | 8.4 | 21.1 | 28.9 | 59.0 | 91.3 | 4.7 | 21.0 |
| Mar | 7.9 | 20.3 | 28.1 | 59.9 | 92.6 | 4.2 | 17.7 |
| Apr | 5.9 | 17.0 | 25.8 | 55.5 | 91.7 | 3.8 | 16.5 |
| May | 3.2 | 13.4 | 23.4 | 51.8 | 92.4 | 3.4 | 13.5 |
| Jun | 4.1 | 11.6 | 21.2 | 54.5 | 92.4 | 3.5 | 12.0 |
| Jul | 1.6 | 10.0 | 21.1 | 47.4 | 92.4 | 3.4 | 12.9 |
| Aug | 1.3 | 10.4 | 22.6 | 42.7 | 92.2 | 3.6 | 15.9 |
| Sept | 1 | 12.9 | 24.2 | 46.0 | 90.4 | 4.3 | 19.6 |
| Oct | 4.0 | 15.9 | 25.2 | 54 | 90.0 | 4.6 | 21.9 |
| Nov | 2.1 | 18.5 | 27.1 | 54.9 | 89.6 | 4.9 | 25.2 |
| Dec | 6.4 | 20.1 | 28.2 | 58 | 90.5 | 4.7 | 24.5 |
source: Australian Government Bureau of Meteorology
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