Median Sale Price
House
-
Updated on Apr 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $2,900,000 | 0.0% | $865,000 | $11,975,000 | 64 |
| 2010 | $2,800,000 | -3.6% | $425,500 | $17,950,000 | 46 |
| 2011 | $1,875,000 | -49.3% | $1 | $11,500,000 | 51 |
| 2012 | $1,900,000 | +1.3% | $685,000 | $19,000,000 | 43 |
| 2013 | $1,975,000 | +3.8% | $499,000 | $10,600,000 | 71 |
| 2014 | $2,250,000 | +12.2% | $780,000 | $7,200,000 | 49 |
| 2015 | $2,100,000 | -7.1% | $900,000 | $5,500,000 | 37 |
| 2016 | $2,350,000 | +10.6% | $1,250,000 | $8,300,000 | 39 |
| 2017 | $2,900,000 | +19.0% | $1,725,000 | $8,000,000 | 34 |
| 2018 | $3,750,000 | +22.7% | $1,160,000 | $15,000,000 | 36 |
| 2019 | $4,100,000 | +8.5% | $1,050,000 | $9,600,000 | 48 |
| 2020 | $3,600,000 | -13.9% | $1,830,000 | $24,000,000 | 55 |
| 2021 | $6,200,000 | +41.9% | $2,000,000 | $18,700,000 | 43 |
| 2022 | $4,700,000 | -31.9% | $1,800,000 | $15,000,000 | 29 |
| 2023 | $5,500,000 | +14.5% | $2,000,000 | $13,500,000 | 22 |
| 2024 | $3,000,000 | -83.3% | $1,925,000 | $7,600,000 | 13 |
Median Sale Price
$4.85M
Based on 22 recorded sales within the last 12 months
Updated on 26 Jun 2024
Suburb Growth
-3.1%
Current Median Price: $4,850,000
Previous Median Price: $5,000,000
Based on 48 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2024)
Price Range Segments (12 months ending May 2024)
Median Weekly Rent Price
House
-
Updated on Apr 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Apr 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $800 | 0.0% | $420 | $1,850 | 19 |
| 2012 | $995 | +19.6% | $315 | $5,000 | 28 |
| 2013 | $1,000 | +0.5% | $395 | $10,000 | 51 |
| 2014 | $1,200 | +16.7% | $780 | $2,500 | 27 |
| 2015 | $1,200 | 0.0% | $360 | $4,150 | 33 |
| 2016 | $1,400 | +14.3% | $730 | $8,000 | 30 |
| 2017 | $1,290 | -8.5% | $375 | $25,000 | 37 |
| 2018 | $1,110 | -16.2% | $530 | $4,620 | 45 |
| 2019 | $1,150 | +3.5% | $600 | $5,500 | 30 |
| 2020 | $1,150 | 0.0% | $650 | $3,200 | 23 |
| 2021 | $1,500 | +23.3% | $650 | $4,000 | 17 |
| 2022 | $1,400 | -7.1% | $800 | $4,000 | 28 |
| 2023 | $1,850 | +24.3% | $875 | $5,000 | 38 |
| 2024 | $1,600 | -15.6% | $700 | $4,000 | 16 |
Median Rent Price
$1,900
per week
Based on 34 recorded rent within the last 12 months
Updated on 26 Jun 2024
Rent Price Growth
+13.2%
Current Median Rent: $1,900
Previous Median Rent: $1,650
Based on 67 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2%
Current Median Price: $4,850,000
Current Median rent: $1,900
Based on 56 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2024)
Auction Results For Palm Beach
Houses sold in Last 12 months ends 22 Jun 2024
$0M
Median Sale Price
100%
Clearance Rate
2/2
Sold/Reported
$0M