Palmers Island
NSW, 2463
-
Clarence Valley
Thinking about buying in Palmers Island? Now could not be a better time, with just 295 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,283,000 with prices in this suburb ranging from $47,000 to $6,134,000. Palmers Island is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $410.00 |
| Median Monthly Mortgage | $1658.50 |
| Median Persons Per Bedroom | 0.65 |
| Average Household Size | 2.00 |
| Average Age | 54.50 |
| Average Income | $654.50 |
| Average Cars Per Dwelling | 1.76 |
| Average Properties Within 50M | 7 |
Housing Stock
Average Property Prices
| 1 Bed $639,000 |
| 2 Bed $898,000 |
| 3 Bed $972,000 |
| 4 Bed $1,350,000 |
| 5 Bed $1,709,000 |
| 6 Bed+$1,340,000 |
Palmers Island Real Estate Market Outlook
In Palmers Island there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Palmers Island 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 Palmers Island 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 Palmers Island 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 Palmers Island 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 Palmers Island a better buying opportunity than it may have been in the past.
Houses for sale Palmers Island
|
4 wentworth st, palmers island, nsw, 2463 |  4 |
 2 |
 3 |
$780,000 |
Local Schools
Palmers Island Public School
Iluka Public School
St James' Primary School
(While the above schools are located with the suburb of Palmers Island there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Palmers Island weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 5 | 21.1 | 28 | 66.9 | 94.6 | 3.8 | 24.9 |
| Feb | 6.3 | 21.3 | 27.9 | 65.6 | 95.4 | 4.5 | 21.7 |
| Mar | 4.2 | 20.4 | 27.4 | 66.8 | 97.1 | 4.1 | 18.3 |
| Apr | 5.3 | 17.2 | 25.0 | 63.4 | 96.0 | 4.0 | 15.6 |
| May | 3.9 | 13.5 | 22.0 | 63.3 | 95.1 | 3.4 | 12.6 |
| Jun | 4.7 | 11.7 | 20.4 | 59 | 93.3 | 3.5 | 11.1 |
| Jul | 2.6 | 10.7 | 20.4 | 52.4 | 91.2 | 3.3 | 12.2 |
| Aug | 2.6 | 10.9 | 21.5 | 45.5 | 89.8 | 3.6 | 15.6 |
| Sept | 1.1 | 13.8 | 23.3 | 50.8 | 91.0 | 3.8 | 18.5 |
| Oct | 3.1 | 16.2 | 24.5 | 58.8 | 93.1 | 4.0 | 21.7 |
| Nov | 1.9 | 18.4 | 26.5 | 58.4 | 93.3 | 4.0 | 25.0 |
| Dec | 2.6 | 19.8 | 27.2 | 62.9 | 94.6 | 3.9 | 25.4 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 04-06-2024 | $470,000 | 16 GORDON ST |
| 28-05-2024 | $640,000 | 15 YAMBA ST |
| 06-03-2024 | $850,000 | 1 / 85 PALMERS CHANNEL NORTH BANK RD |
| 19-01-2024 | $1,300,000 | 105 PALMERS CHANNEL NORTH BANK RD |
| 22-12-2023 | $2,200,000 | 65 DURRINGTON LANE |
| 15-12-2023 | $795,000 | 28 O KEEFES LANE |
| 26-10-2023 | $535,000 | 9 CARRINGTON ST |
| 08-08-2023 | $840,000 | 7 CARRINGTON ST |
| 16-06-2023 | $890,000 | 6 WENTWORTH ST |
| 12-05-2023 | $860,000 | 5 GORDON ST |
| 10-05-2023 | $930,000 | 219 MIDDLE RD |
| 28-10-2022 | $805,000 | 2 DALLEY ST |
| 04-02-2022 | $420,000 | 248 PALMERS CHANNEL NORTH BANK RD |
| 31-01-2022 | $791,500 | 7 DALLEY ST |
| 01-12-2021 | $735,000 | 7 YAMBA ST |
| 26-11-2021 | $3,420,000 | 68 MCCONNELLS LANE |
| 19-11-2021 | $1,400,000 | 357 SCHOOL RD |
| 10-11-2021 | $1,800,000 | 14 WIBLENS LANE |
| 27-10-2021 | $750,000 | 4 RIVER RD |
| 18-10-2021 | $1,980,000 | 55 MIDDLE RD |
| 01-10-2021 | $510,000 | 15 YAMBA ST |
| 20-08-2021 | $860,000 | 13 SCHOOL RD |
| 25-06-2021 | $2,050,000 | 267 SCHOOL RD |
| 19-03-2021 | $980,000 | 2 / 85 PALMERS CHANNEL NORTH BANK RD |
| 26-02-2021 | $1,550,000 | 97 MIDDLE RD |
| 10-12-2020 | $635,500 | 2 DALLEY ST |
| 01-12-2020 | $465,000 | 5 YAMBA ST |
| 25-11-2020 | $860,000 | 56 PALMERS CHANNEL NORTH BANK RD |
| 06-11-2020 | $1,350,000 | 70 MCCONNELLS LANE |
| 02-11-2020 | $550,000 | 2 YAMBA ST |
| 07-10-2020 | $275,000 | 5 CARRINGTON ST |
| 14-08-2020 | $1,720,000 | 74 MCCONNELLS LANE |
| 06-05-2020 | $900,000 | 797 YAMBA RD |
| 16-03-2020 | $510,000 | 19 YAMBA ST |
| 06-02-2020 | $1,590,000 | 12 WIBLENS LANE |
| 04-02-2020 | $585,000 | 64 MCCONNELLS LANE |
| 19-11-2019 | $405,000 | 111 SCHOOL RD |
| 20-09-2019 | $445,000 | 4 CARRINGTON ST |
| 17-04-2019 | $2,125,000 | 65 MCDERMIDS RD |
| 17-12-2018 | $1,250,000 | 260 SCHOOL RD |
| 04-12-2018 | $2,320,000 | 68 MCCONNELLS LANE |
| 04-12-2018 | $605,000 | 363 PALMERS CHANNEL NORTH BANK RD |
| 30-11-2018 | $510,000 | 28 O KEEFES LANE |
| 25-10-2018 | $520,000 | 77 PALMERS CHANNEL NORTH BANK RD |
| 20-09-2018 | $437,500 | 10 GORDON ST |
| 14-09-2018 | $4,500,000 | 166 O KEEFES LANE |
| 08-08-2018 | $535,000 | 2 GORDON ST |
| 20-07-2018 | $275,000 | 111 SCHOOL RD |
| 20-07-2018 | $420,000 | 136 MIDDLE RD |
| 17-07-2018 | $1,487,500 | 253 SCHOOL RD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Iluka Wharf - Less than 10 KM
General Points of Interest
Yamba Bowling Club - Less than 10 KM
Yamba Bowls Club - Less than 10 KM
Iluka Golf Club - Less than 10 KM
Bicentennial Memorial Cairn - Less than 10 KM
Club Iluka - Less than 10 KM
Yamba War Memorial - Less than 10 KM
Yamba Shopping Fair - Less than 5 KM
Yamba Ocean Pool - Less than 10 KM
The Pinnacle Rocks - Less than 10 KM
Yamba Golf & Country Club - Less than 10 KM
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