Palmerville, located in the Cook Shire of Queensland, is a unique part of the Far North Queensland landscape known more for its natural beauty and historical significance than a bustling housing market. As of recent reports, the housing market in Palmerville is relatively quiet, with few residential properties exchanged annually due to its remote location and small population. The area is characterized more by vast tracts of land and cattle stations rather than typical suburban development, appealing mostly to those interested in agricultural pursuits or seeking a secluded lifestyle. However, the region's enchanting natural beauty and historical intrigue—stemming from Palmerville's past as a former gold mining town—do present opportunities for tourism-based investments, though these are not conventional residential real estate ventures.
Living in Palmerville offers a tranquil and rugged lifestyle, deeply intertwined with nature. The community is small and tight-knit, offering a sense of camaraderie among residents who are typically engaged in farming or natural resource-based activities. The climate is tropical, with distinct wet and dry seasons, which can influence daily life and agricultural productivity. Amenities that are usually taken for granted in urban areas, such as extensive shopping, dining, and healthcare options, are limited, requiring residents to travel significant distances for such services. Despite these logistical challenges, the allure of Palmerville lies in its unspoiled environment, opportunities for outdoor activities like hiking, and the experience of living amidst a diverse array of wildlife and lush landscapes. For those seeking a retreat from the fast-paced urban lifestyle, Palmerville provides a peaceful, albeit remote, alternative.
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Housing Stock
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Thinking about buying in Palmerville? Now could not be a better time, with just 0 residential dwellings it's a highly sought after location.
In Palmerville 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 Palmerville 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 Palmerville 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. High density population in Palmerville 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. Lower than average industry presence in Palmerville 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 Palmerville a better buying opportunity than it may have been in the past.
Instant Property ValuationNone within suburb boundary
(While the above schools are located with the suburb of Palmerville there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jun | 0.0 | 15.1 | 30.5 | 37.3 | 95.6 | 1.8 | 18.1 |
| Jul | 0.0 | 14.4 | 31.0 | 35.4 | 95.3 | 2.0 | 18.9 |
| Aug | 0 | 14.5 | 32.3 | 27.8 | 89.3 | 2.0 | 20.5 |
| Sept | 0.0 | 16.4 | 34.5 | 25.5 | 87.9 | 2.4 | 23.7 |
| Oct | 1.2 | 19.1 | 35.2 | 29 | 87.4 | 2.6 | 26.3 |
| Nov | 3.1 | 21.5 | 36.2 | 32.1 | 89.3 | 2.4 | 26.4 |
| Dec | 4.3 | 22.9 | 35.8 | 37.6 | 90.2 | 2.4 | 25.3 |
| Jan | 11.6 | 23.5 | 33.0 | 52.8 | 98.0 | 2.1 | 21 |
| Feb | 7.8 | 23.3 | 32.8 | 53.5 | 97.9 | 1.9 | 20.9 |
| Mar | 4.5 | 22.2 | 32.4 | 50.4 | 98.7 | 1.9 | 21.9 |
| Apr | 2.1 | 20.4 | 32.1 | 50.2 | 98.4 | 1.8 | 21.2 |
| May | 0.2 | 16.5 | 31.6 | 38.9 | 96.2 | 1.8 | 18.7 |
source: Australian Government Bureau of Meteorology
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