This property is Off Market
With an average age of 42, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $450. The average family earns a weekly income of $2,007 with a typical household size of 2.5 and a 94.63% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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. A mix of professions and above average income earners in Palmwoods provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Palmwoods requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 1%)
Palmwoods a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
25 / 100
32 / 100
Industry
33 / 100
32 / 100
Population
44 / 100
40 / 100
House Prices
73 / 100
63 / 100
Jobs
35 / 100
31 / 100
Incidents Trend State Average
Montessori International College
Forest Glen, QLD, 4556 Independent Prep-12
Sunshine Coast Grammar School
Forest Glen, QLD, 4556 Independent Prep-12
Palmwoods State School
Palmwoods, QLD, 4555 State Prep-6
Chevallum State School
Chevallum, QLD, 4555 State Prep-6
Woombye State School
Woombye, QLD, 4559 State Prep-6
Suncoast Christian College
Woombye, QLD, 4559 Independent Prep-12
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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