$365 ▲ +23.7%
Higher than 74% of suburb / locality areas.
- 2011: $295
- 2016: $320
- 2021: $365
Median weekly rent paid by households renting their home.
Palm Cove · Suburb / Locality
Housing & Dwellings in Palm Cove
Where and how people live — the homes, how they are held, and what they cost.
Weekly rents of $365 are much higher than most similar areas in Palm Cove. This coastal spot has a higher proportion of homes owned outright compared to the state and national figures, though it also sees a significant number of rental properties.
$365
▲ +23.7%
- $0–$25: 37 areas
- $25–$50: 86 areas
- $50–$75: 199 areas
- $75–$100: 214 areas
- $100–$125: 525 areas
- $125–$150: 343 areas
- $150–$175: 699 areas
- $175–$200: 597 areas
- $200–$225: 1183 areas
- $225–$250: 724 areas
- $250–$275: 1277 areas
- $275–$300: 787 areas
- $300–$325: 1282 areas
- $325–$350: 618 areas
- $350–$375: 935 areas
- $375–$400: 570 areas
- $400–$425: 763 areas
- $425–$450: 288 areas
- $450–$475: 415 areas
- $475–$500: 176 areas
- $500–$525: 204 areas
- $525–$550: 79 areas
- $550–$575: 125 areas
- $575–$600: 70 areas
- $600–$625: 97 areas
- $625–$650: 21 areas
- $650–$675: 54 areas
- $675–$700: 145 areas
All suburb / locality areas, 2021. The marker is Palm Cove — higher than 74% of areas.
| Palm Cove | $365 |
|---|---|
| 4879, QLD | $400 |
| Queensland | $365 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
The typical weekly rent is $365, which is much higher than most similar areas and about the same as the Queensland and Australian figures. Monthly mortgage payments usually sit at $1,733, a figure higher than most areas.
$1,733 ▼ -5.9%
Higher than 57% of suburb / locality areas.
- 2011: $1,842
- 2016: $1,733
- 2021: $1,733
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →Palm Cove splits fairly evenly between $350–$549 (38%) and $200–$349 (35%), with $550–$749 at 15%.
Monthly mortgage distribution
View on map →Palm Cove splits fairly evenly between $1,800–$2,999 (32%) and $1,000–$1,799 (29%), with Under $1,000 at 25%.
Owning & renting
How homes are owned or rented.
Nearly 40% of homes are owned outright, which is far above the Queensland rate of 29.1%. About 30.1% of households rent, a figure that is much higher than most similar areas but well below the state average.
30.1% ▼ -35.0%
Higher than 78% of suburb / locality areas.
- 2011: 46.2%
- 2016: 41.2%
- 2021: 30.1%
Share of occupied private dwellings that are rented.
39.9% ▲ +73.1%
Lower than 54% of suburb / locality areas.
- 2011: 23.0%
- 2016: 30.1%
- 2021: 39.9%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Palm Cove, the largest group is Owned outright at 40%, followed by Rented (30%) and Owned with a mortgage (27%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 65.8% of the homes here, though this is well below the national figure of 72.3%. Homes tend to be smaller than in other areas, with 67.7% having three or more bedrooms, which is well below the state average.
0.70 ▼ -36.4%
Lower than 86% of suburb / locality areas.
- 2011: 1.10
- 2016: 0.80
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
65.8% ▲ +19.2%
Lower than 88% of suburb / locality areas.
- 2011: 55.2%
- 2016: 59.7%
- 2021: 65.8%
Share of occupied private dwellings that are separate houses.
67.7% ▲ +7.9%
Lower than 76% of suburb / locality areas.
- 2011: 62.8%
- 2016: 63.6%
- 2021: 67.7%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Palm Cove, Separate house is the majority at 67%; Flat or apartment is next at 21%.
Bedrooms per home
View on map →In Palm Cove, the largest group is 3 bedrooms at 36%, followed by 4 bedrooms (27%) and 2 bedrooms (24%).
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Palm Cove
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Palm Cove [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL32258/palm-cove/topic/housing-dwellings