$430 —
Higher than 90% of urban centre areas.
- 2016: $250
- 2021: $430
Median weekly rent paid by households renting their home.
Palmwoods · Urban Centre
Housing & Dwellings in Palmwoods
Where and how people live — the homes, how they are held, and what they cost.
More people are renting and fewer own their homes outright in Palmwoods than they did in 2011. This shift comes as the area becomes dominated by large family homes, with 84.8% of dwellings now having three or more bedrooms. While mortgage payments have stayed steady, the cost of renting has climbed significantly.
$430
—
- $0–$21: 2 areas
- $21–$43: 6 areas
- $43–$64: 18 areas
- $64–$86: 38 areas
- $86–$107: 35 areas
- $107–$129: 46 areas
- $129–$150: 25 areas
- $150–$171: 104 areas
- $171–$193: 82 areas
- $193–$214: 143 areas
- $214–$236: 130 areas
- $236–$257: 175 areas
- $257–$279: 114 areas
- $279–$300: 125 areas
- $300–$321: 194 areas
- $321–$343: 101 areas
- $343–$364: 128 areas
- $364–$386: 82 areas
- $386–$407: 92 areas
- $407–$429: 41 areas
- $429–$450: 24 areas
- $450–$471: 32 areas
- $471–$493: 13 areas
- $493–$514: 19 areas
- $514–$536: 14 areas
- $536–$557: 9 areas
- $557–$579: 6 areas
- $579–$600: 15 areas
All urban centre areas, 2021. The marker is Palmwoods — higher than 90% of areas.
| Palmwoods | $430 |
|---|---|
| 4555, QLD | $425 |
| Queensland | $365 |
| Australia | $375 |
Housing costs
Rents, mortgages and crowding.
Typical weekly rent is $430, which is among the highest for similar areas and a little above the national figure. This is a sharp increase from $250 in 2016. Meanwhile, the typical monthly mortgage payment is $1,800, which has barely changed since 2011.
$1,800 → 0.0%
Higher than 81% of urban centre areas.
- 2011: $1,800
- 2016: $1,517
- 2021: $1,800
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Palmwoods, $350–$549 is the majority at 55%; $200–$349 is next at 23%.
Monthly mortgage distribution
View on map →In Palmwoods, the largest group is $1,800–$2,999 at 43%, followed by $1,000–$1,799 (34%) and Under $1,000 (16%).
Owning & renting
How homes are owned or rented.
Outright home ownership fell 7.0 percentage points since 2011 to 31.6%. Renting is less common here than in the rest of the state, with 22.5% of households renting, which is well below the Australian figure of 30.6%.
22.5% ▲ +9.9%
Higher than 53% of urban centre areas.
- 2011: 20.4%
- 2016: 43.8%
- 2021: 22.5%
Share of occupied private dwellings that are rented.
31.6% ▼ -18.1%
Lower than 72% of urban centre areas.
- 2011: 38.6%
- 2016: 24.3%
- 2021: 31.6%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Palmwoods, the largest group is Owned with a mortgage at 41%, followed by Owned outright (31%) and Rented (22%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Separate houses make up 88.7% of the market, far above the national figure. Large homes are very common, with 40.2% having four bedrooms and 36.1% having three, though the number of people per bedroom has moved down since 2011.
0.70 ▼ -36.4%
Lower than 86% of urban centre areas.
- 2011: 1.10
- 2016: 0.70
- 2021: 0.70
Average number of usual residents per bedroom — a crowding measure.
88.7% ▼ -6.4%
Lower than 72% of urban centre areas.
- 2011: 94.7%
- 2016: 91.6%
- 2021: 88.7%
Share of occupied private dwellings that are separate houses.
84.8% ▲ +8.7%
Higher than 74% of urban centre areas.
- 2011: 78.0%
- 2016: 80.4%
- 2021: 84.8%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Palmwoods, Separate house is the majority at 89%; Townhouse / semi-detached is next at 10%.
Bedrooms per home
View on map →Palmwoods splits fairly evenly between 4 bedrooms (41%) and 3 bedrooms (37%), with 2 bedrooms at 11%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Palmwoods
Cite this page
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/ucl/UCL314019/palmwoods/topic/housing-dwellings