Market Indexes of Palmers Island
- $1,067,500 Median Asking Price
- $520 Median Rent
- 0.03% Rent Yield
- 4 Stock On Sale
- 0.50% Vacancy Rate
- 12 Average Supply
- 254 Average Demand
- 20.89 Supply Demand Ratio
Demographics of Palmers Island
Dwelling Structure
| Separate house | 152 |
|---|
| Semi-detached | 3 |
|---|
| Other | 21 |
|---|
Occupied/unoccupied
Persons
Tenure and Landlord Type
| Owned outright | 78 |
|---|
| Owned with a mortgage | 62 |
|---|
| Rented | 29 |
|---|
| Other | 7 |
|---|
Medians and Averages
| Median total household income | 823 $/week |
|---|
| Median mortgage repayment | 1733 $/month |
|---|
| Median rent | 195 $/week |
|---|
| Average household size | 2.5 |
|---|
| Persons | 476 |
|---|
| Total private dwellings | 202 |
|---|
Supply Demand History in Palmers Island
| Month | Supply | Demand |
|---|
| 2015 Apr | 17 | 465 |
| 2015 May | 18 | 370 |
| 2015 Jun | 17 | 344 |
| 2015 Jul | 17 | 394 |
| 2015 Aug | 16 | 424 |
| 2015 Sep | 17 | 421 |
| 2015 Oct | 17 | 342 |
| 2015 Nov | 15 | 264 |
| 2015 Dec | 13 | 194 |
| 2016 Jan | 12 | 252 |
| 2016 Feb | 11 | 186 |
| 2016 Mar | 12 | 252 |
| 2016 Apr | 12 | 259 |
More Properties Sold in Palmers Island
| Address | | Sold Date | Price |
|---|
| 15 Yamba Street, Palmers Island NSW | 2 1 2 | 16 Apr 2024 | $640,000 |
| 65 Durrington Lane, Palmers Island NSW | 5 2 4 | 14 Dec 2023 | $2,200,000 |
| 28 O'Keefes Lane, Palmers Island NSW | 3 1 2 | 13 Nov 2023 | $795,000 |
| 2A Carrington Street, Palmers Island NSW | 3 2 3 | Aug 2023 | $570,000 |
| 7 Carrington Street, Palmers Island NSW | 4 1 2 | 4 Jul 2023 | $840,000 |
More Properties Rent in Palmers Island
Rent Yield in Palmers Island
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|
| ALL |
| 2 | $582,500 | $490 | 4.37% | $582,500 | $490 | 4.37% | 3 |
| 3 | $648,333 | - | - | $700,000 | - | - | 3 |
| 4 | $800,000 | - | - | $800,000 | - | - | 1 |
| 5 | $2,600,000 | - | - | $2,600,000 | - | - | 1 |
| House |
| 2 | $582,500 | $490 | 4.37% | $582,500 | $490 | 4.37% | 3 |
| 4 | $800,000 | - | - | $800,000 | - | - | 1 |
| Unknown |
| 3 | $648,333 | - | - | $700,000 | - | - | 3 |
| 5 | $2,600,000 | - | - | $2,600,000 | - | - | 1 |
Schools in Palmers Island
Based on Australian Bureau of Statistics data
