Located in the dynamic state of QLD (postcode 4879), PALM COVE is a vibrant real estate market. This suburb holds a median house price of $955,000 and has demonstrated an average buying growth of Up 6.1%. Last month, 25 houses were available, with 62 transactions completed in the past year. Properties spend around 32 days on the market, reflecting the area's demand with 1296 interested buyers. The average rental yield stands at 3.8%, with a weekly median rent of $487 per week and an average rent growth of Up 6.6%. Rental properties usually stay on the market for 18 days. The population in 2016 was 2082, which changed by +25.70% in the past five years. The median weekly household income is $1,264, reflecting an income change of +22.84% over the past five years. Residents have a median age of 48 years, and the suburb has an average annual growth for houses of +10.81%. To fully take advantage of PALM COVE's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in PALM COVE, Handle provides end-to-end property investment services, backed by data and experts.