Thinking about buying in Palmers Oaky? Now could not be a better time, with just 60 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $586,000 with prices in this suburb ranging from $312,000 to $924,000. The aproximate distance to the coast is 120 Km.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Palmers Oaky Real Estate Market Outlook
In Palmers Oaky 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 Oaky 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 Oaky 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. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Palmers Oaky the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Palmers Oaky there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Palmers Oaky 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 | 2.1 | 13.1 | 27.9 | 39.6 | 93.9 | 1.6 | 22.0 |
| Feb | 4.7 | 11.9 | 24.2 | 47.0 | 95 | 1.8 | 18.7 |
| Mar | 3.5 | 10.1 | 22 | 50.7 | 95.7 | 1.6 | 15.4 |
| Apr | 0.9 | 5.5 | 19.8 | 45 | 96.0 | 1.4 | 14.0 |
| May | 1.2 | 1.4 | 14.8 | 50.0 | 95.9 | 1.4 | 10.6 |
| Jun | 1.4 | 0.9 | 11.6 | 58.9 | 96.2 | 1.4 | 8.6 |
| Jul | 1.5 | -0.4 | 11.8 | 51.0 | 93.8 | 1.7 | 10.1 |
| Aug | 2.2 | -0.4 | 12.4 | 45.3 | 93.6 | 1.9 | 12.4 |
| Sept | 1.9 | 2 | 16.5 | 40.6 | 94.3 | 1.8 | 16.4 |
| Oct | 1.8 | 5.8 | 20.1 | 41.4 | 94.5 | 1.6 | 19.0 |
| Nov | 2.7 | 7.7 | 23.3 | 34.7 | 92.3 | 2.0 | 23 |
| Dec | 2.3 | 10.6 | 25.7 | 36.7 | 91.3 | 1.9 | 23.5 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
| 13-10-2021 | $590,000 | 1783 UPPER TURON RD |
| 17-09-2021 | $780,000 | 268 RED HILL RD |
| 16-07-2020 | $700,000 | 999 MOUNT HORRIBLE RD |
| 27-05-2020 | $390,000 | 623 PALMERS OAKEY RD |
| 29-03-2019 | $4,826 | 1660 DARK CORNER RD |
| 13-02-2018 | $255,000 | 466 PALMERS OAKEY RD |
| 22-12-2017 | $221,000 | 1166 PALMERS OAKEY RD |
| 12-10-2017 | $500,000 | 534 PALMERS OAKEY RD |
| 18-08-2017 | $580,000 | 354 PALMERS OAKEY RD |
| 07-07-2017 | $1,710,000 | 2009 DARK CORNER RD |
| 30-03-2017 | $270,000 | 623 PALMERS OAKEY RD |
| 20-12-2016 | $600,000 | 999 MOUNT HORRIBLE RD |
| 16-03-2016 | $225,000 | 1817 DARK CORNER RD |
| 24-05-2012 | $50,000 | 282 PALMERS OAKEY RD |
| 24-02-2012 | $660,000 | 999 TOBINS OAKY TRL |
| 10-02-2011 | $560,000 | 534 PALMERS OAKEY RD |
| 17-02-2006 | $415,000 | 1620 UPPER TURON RD |
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Tarana - Greater then 10KM
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!