Palm Beach, QLD 4221
Palm Beach property market
Palm Beach is led by unit rentals, with 666 leases (down 5.1%) at $850 a week (up 2.4%) as of July 2026, renting out in about 17 days (down from 18 days last year), one of the country's most in-demand unit rental markets, mostly 2-bedroom (around two-thirds).
Unit sales are next, with 324 sales (down 4.4%) at around $1.208M (up 10.7%), taking about 32 days to sell (up from 26 days last year), mostly 2-bedroom (around 60%). Followed by 208 house sales at around $1.952M (more sought-after than most house markets nationally). 197 house rentals at $1,405 a week (more sought-after than most house rental markets nationally).
Who lives hereA middle-income, renter-heavy, mixed-age suburb — high-rise-heavy and newcomer-heavy.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Palm Beach demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Palm Beach?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Palm Beach
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Palm Beach
Incomes, employment, and the occupation mix of the people who live here.
A typical household earns about 1.7× the typical individual here.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Palm Beach
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Palm Beach
2 schools inside Palm Beach, plus the closest options around it. Families can choose from 1 primary school in Palm Beach and its surrounds, and 1 high school covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Palm Beach · 2Order by
- 1Palm Beach State SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburbState Rank—English—Maths—Students587Multilingual50%ICSEA Rank50th
- 2Palm Beach-Currumbin State High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Within suburbState Rank—English—Maths—Students587Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Palm Beach median house price & rent
Headline price, rent, yield and time on market for Palm Beach — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Palm Beach property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Palm Beach
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Palm Beach against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Palm Beach in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Severe shortage | 1.1 | ▼ -1.6 | 7 | 73 | 6.1 | |
| Balanced | 2.7 | ▲ +1.1 | 16 | 73 | 6.1 | |
| Slightly loose | 3.4 | ▲ +0.3 | 21 | 73 | 6.1 | |
| Loose | 4.0 | ▲ +1.3 | 24 | 73 | 6.1 | |
| Loose | 5.3 | ▲ +2.2 | 32 | 73 | 6.1 | |
| Loose | 5.5 | ▲ +2.5 | 33 | 73 | 6.1 | |
| Loose | 5.6 | ▲ +4.1 | 34 | 73 | 6.1 | |
| Loose | 6.6 | ▲ +4.5 | 40 | 73 | 6.1 |
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Tight | 0.4 | ▼ -1.6 | 5 | 136 | 11.3 | |
| Tight | 0.5 | ▼ -2.0 | 6 | 136 | 11.3 | |
| National typical | 0.7 | ▼ -2.7 | 8 | 136 | 11.3 | |
| Loose | 1.3 | ▼ -0.3 | 15 | 136 | 11.3 | |
| Loose | 1.5 | ▲ +0.8 | 17 | 136 | 11.3 | |
| Oversupply | 2.0 | ▲ +0.8 | 23 | 136 | 11.3 | |
| Oversupply | 2.1 | ▲ +1.2 | 24 | 136 | 11.3 | |
| Oversupply | 2.5 | ▲ +0.6 | 28 | 136 | 11.3 |
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Palm Beach — Units & Houses, all bedrooms
Palm Beach median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Palm Beach rose from $814k (Jul 2021) to $1.66M (Jun 2026) — +104.5% growth over five years. Median house rent went from $359/wk to $1,022/wk (+184.7%) over the same period. For units, the median sale price rose from $548k to $668k (+21.9%), with rent up from $309/wk to $632/wk (+104.5%) over the same period.
Suburbs near Palm Beach: prices compared
The nearest suburbs to Palm Beach, ranked by distance — each lined up against Palm Beach on the same measures, so the differences jump out at a glance.
Suburbs like Palm Beach
Suburbs anywhere in QLD that behave like Palm Beach — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Palm Beach vs Miami: the closest sales-market match trades at a median of $637k against Palm Beach's $1.20M — about 47% lower, with homes selling in 21 days versus 21 days here.
Comparable sales markets to Palm Beach: Miami property market, Broadbeach property prices, Coolangatta property growth, Broadbeach Waters median house price and Teneriffe median house price.
Palm Beach's closest rental-market twins: Teneriffe median house price, Broadbeach market trends, Miami property growth, Coolangatta house prices and Broadbeach Waters median house price. Each link opens that suburb's full market report.
Frequently asked · Palm Beach
26 data-driven answers about Palm Beach's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Palm Beach?
#The median house price in Palm Beach, QLD 4221 is $1.2M as of June 2026, based on 70 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Palm Beach?
#The median unit price in Palm Beach, QLD 4221 is $1.2M as of June 2026, based on 70 sales over the past 12 months. Units have moved +50.0% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Palm Beach?
#The median weekly house rent in Palm Beach is $733 as of June 2026, drawn from 148 leases over the past 12 months. Units rent for around $733 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Palm Beach?
#A 3 bedroom house in Palm Beach rents for a median $733 per week as of June 2026, drawn from 148 leases over the past 12 months. Across other house sizes: 2-bedroom $733/week, 4-bedroom $733/week. Unit rents: 1-bedroom $733/week, 2-bedroom $733/week, 3-bedroom $733/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Palm Beach?
#Gross rental yield in Palm Beach is 3.03% for houses and 3.03% for units as of June 2026, compared with the QLD unit median of 2.19%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Palm Beach?
#As of June 2026, Palm Beach medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $1.2M | $1.2M | $1.2M | $1.2M |
| Units | $1.2M | $1.2M | $1.2M | — | $1.2M |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Palm Beach median?
#At the median Palm Beach house ($1.2M purchase, $733/week rent), weekly mortgage repayments sit at roughly $1275 — about $542 more per week than renting. That gap is the ownership premium. For the median unit ($1.2M purchase, $733/week rent), repayments run about $1275 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Palm Beach's property market trends?
#Palm Beach's property market trends to June 2026: house prices rose +50.0% year-on-year and units +50.0%; weekly house rents moved +50.0%; homes now sell in a median 21 days — slower than a year ago by 4; sales supply sits at 5.3 months (very loose). Read together — price, rent, selling speed and supply — they show which way the Palm Beach market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Palm Beach as an investment?
#As of June 2026 in Palm Beach, house prices rose +50.0% over the year, gross rental yield is 3.03% against a QLD median of 2.84%, houses take a median 21 days to sell, sales supply is 5.3 months (very loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Palm Beach?
#Houses in Palm Beach sell in a median 21 days on market as of June 2026, with units clearing slightly similarly at 21 days. Days on market have lengthened by 4 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Palm Beach a tight or loose property market right now?
#Palm Beach's sales market sits at 5.3 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.4 months of supply.
Have property prices in Palm Beach gone up or down?
#House prices in Palm Beach moved +50.0% over the 12 months to June 2026, while units moved +50.0%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Palm Beach?
#Palm Beach's house rental market sits at 0.4 months of supply as of June 2026 — classified as Severe (extreme shortage), with 136 houses leased over the past 12 months. Units sit at 2.0 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Palm Beach in its property market cycle?
#Palm Beach's house market is currently in the 'in_demand_easing' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year loosening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Palm Beach compare to other QLD suburbs?
#Palm Beach's median house price ($1.2M) is 59% above the QLD median ($756k) as of June 2026. On selling speed, houses clear in 21 days vs 22 days state median. On gross yield, Palm Beach sits at 3.03% vs 2.84% state median.
How does Palm Beach compare to neighbouring suburbs?
#Palm Beach's most-similar nearby market is Burleigh Waters (2.7 km away) with a median house price of $1.69M — about 40% pricier. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Palm Beach?
#The most-transacted segment in Palm Beach over the 12 months to June 2026 is 2 bed houses with 73 sales. 3 bed houses come second at 73 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Palm Beach last year?
#Palm Beach recorded 73 house sales and 73 unit sales over the 12 months to June 2026 — a combined 146 transactions. On the rental side, 136 houses and 136 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Palm Beach in?
#Palm Beach is in postcode 4221, in the Gold Coast region of QLD. Addresses there are written as Palm Beach, QLD 4221.
What is the population of Palm Beach?
#Palm Beach, QLD 4221 is home to 12,483 residents (ABS Census 2021). The median resident age is 22, and the average household holds 1.6 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Palm Beach?
#The median household in Palm Beach earns $1k per week — roughly $53k a year (ABS Census 2021). Median personal income runs $611/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Palm Beach?
#The unemployment rate in Palm Beach is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Palm Beach?
#Palm Beach is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Palm Beach?
#Palm Beach has 67 schools within reach, 2 of them inside the suburb itself — including Palm Beach State School, Palm Beach-Currumbin State High School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Palm Beach a good place to live?
#Palm Beach, QLD 4221 has a population of 12,483, a median age of 22, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 67 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Palm Beach market data last updated?
#This Palm Beach market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.