$410 ▲ +28.1%
Higher than 67% of statistical area 2 (sa2) areas.
- 2011: $320
- 2016: $350
- 2021: $410
Median weekly rent paid by households renting their home.
Palmwoods · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Far more people live in detached houses in Palmwoods than in the typical Queensland suburb, with 93.1% of homes being separate houses. This is a place where home ownership is common and the typical house is large, though rental costs have climbed significantly over the last decade.
All statistical area 2 (sa2) areas, 2021. The marker is Palmwoods — higher than 67% of areas.
| Palmwoods | $410 |
|---|---|
| 4555, QLD | $425 |
| Queensland | $365 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents are $410, which is a little above the national figure and higher than most areas. Meanwhile, typical monthly mortgage payments have risen by $50 since 2011 to reach $1,950, which is a little above the state average.
$410 ▲ +28.1%
Higher than 67% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$1,950 ▲ +2.6%
Higher than 57% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Palmwoods, $350–$549 is the majority at 51%; $200–$349 is next at 26%.
In Palmwoods, the largest group is $1,800–$2,999 at 39%, followed by $1,000–$1,799 (29%) and $3,000 or more (16%).
How homes are owned or rented.
Ownership is strong here, with 37.0% of homes owned outright—well above the Australian average. This helps explain why the proportion of households renting is far below the state and national figures at just 17.2%.
17.2% ▼ -8.7%
Lower than 80% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
37.0% ▲ +7.1%
Higher than 65% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
Palmwoods splits fairly evenly between Owned with a mortgage (41%) and Owned outright (37%), with Rented at 17%.
Houses, townhouses, apartments and bedrooms.
Large homes dominate the landscape, as 83.5% of dwellings have three or more bedrooms. This is well above the national figure, though the number of people per bedroom has fallen since 2011 to 0.80.
0.80 ▼ -27.3%
Lower than 71% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
93.1% ▼ -1.0%
Higher than 75% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
83.5% ▼ -1.0%
Higher than 64% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Palmwoods, Separate house is the majority at 94%; Townhouse / semi-detached is next at 5%.
Palmwoods splits fairly evenly between 4 bedrooms (36%) and 3 bedrooms (35%), with 5 or more at 13%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Palmwoods [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/316061444/palmwoods/topic/housing-dwellings