Palm Beach, Gold Coast: Property & Lifestyle Guide 2025

What are current property prices in Palm Beach?

Palm Beach property market demonstrates exceptional performance in Q2 2025:

• Median house price: $1,962,500 with +10.3% annual growth
• Median unit price: $1,215,000 with +28.6% annual growth
• House sales volume: 52 sales in Q2 2025 (+18.2% increase)
• Unit sales volume: 111 sales in Q2 2025 (+6.7% increase)
• Market dynamics: Limited house stock driving buyers to competitive unit market, creating price appreciation across all property types

The unit market shows particularly strong performance with 28.6% annual growth, driven by limited house stock availability. This creates a highly competitive environment where house buyers increasingly turn to units, driving prices up across all segments.

What schools and education options are available?

Palm Beach offers excellent educational facilities for families:

• Palm Beach State School: Ranked 17th out of top 20 primary schools on Gold Coast (2023 NAPLAN), accommodating approximately 805 students (Prep-Year 6), Principal Ms Sandra Thompson
• School location: 13-19 Nineteenth Avenue, Palm Beach QLD 4221, Phone (07) 5520 8333
• Secondary schools nearby: Elanora State High School and prestigious private schools including All Saints Anglican School and Somerset College in broader southern Gold Coast region
• Educational excellence: Consistent top 20 Gold Coast ranking demonstrates quality education for local families

The school's strong performance makes Palm Beach particularly attractive to buyers prioritising educational excellence for their children.

What lifestyle and amenities does Palm Beach offer?

Palm Beach achieves an exceptional 9.2/10 lifestyle score with comprehensive family amenities:

• Palm Beach Parklands: Recreational centerpiece featuring popular pirate-themed playground, Dune Café, swimming areas, off-leash dog beach along Currumbin Creek, walking tracks, boardwalks, and lagoon areas
• Beach access: Pristine beaches with parks containing toilets, tables, beach showers, shade structures. Tallebudgera Creek offers calm, protected swimming for families with young children. Main beach provides excellent surfing and swimming.
• Dining scene: Highly-rated establishments including Balboa Italian Restaurant, The Collective, and Palm Beach Surf Club, offering diverse culinary options from casual beachside cafés to upscale dining
• Water activities: Protected creek swimming, surfing, boating, stand-up paddleboarding
• Community atmosphere: Peaceful residential character away from tourist crowds while maintaining access to Gold Coast attractions

The combination of safe beach access, recreational parklands, and quality dining creates an ideal family-friendly coastal environment.

How is transport connectivity and commuting?

Palm Beach benefits from excellent transport connectivity through the Gold Coast network:

• Gold Coast Airport: 15 minutes drive
• Surfers Paradise: 25 minutes drive
• Brisbane CBD: 75 minutes drive
• Coolangatta: 10 minutes drive
• Public transport: Regular bus routes with 50-cent fares across bus, train, tram (G:link), and ferry services throughout Gold Coast

The suburb's strategic location provides convenient access to both local amenities and broader Gold Coast employment centers while maintaining peaceful residential character.

What is the demographic and community profile?

Palm Beach attracts a diverse, affluent community with strong family representation:

• Population: 16,349 residents (2021 Census)
• Median age: 39 years (slightly above Queensland average of 38 years)
• Families: 4,266 families with 1.7 children per family (for families with children)
• Average household size: 2.3 people
• Median weekly household income: $1,721 (above Queensland average, reflecting professional demographic)
• Community character: Mature, established community with balanced age distribution across all life stages

The higher median household income reflects the suburb's appeal to professional families and successful investors seeking premium coastal lifestyle.

Is Palm Beach a good investment?

Palm Beach represents exceptional investment opportunity with strong fundamentals:

• Rental yields: Houses 3.8% (matching Gold Coast average, exceeding Brisbane Metro's 3.2%), median rent $1,200 weekly (+9.1% annual increase)
• Vacancy rate: 0.9% (well below REIA's 3.0% healthy benchmark), indicating exceptional rental demand and quicker occupancy
• Capital growth: +10.3% annual house growth, +28.6% unit growth, demonstrating strong value appreciation
• Development pipeline: $93.9M new construction in 2025 (102 units, 15 townhouses), but insufficient to meet demand (52 house sales + 111 unit sales Q2 2025)
• Supply-demand imbalance: Limited supply continuing to drive price appreciation across all segments

The tight rental market (0.9% vacancy), combined with strong capital growth and insufficient supply pipeline, creates attractive environment for property investors. For buyers in the $1.5M-$2.5M range, Palm Beach offers capital growth potential with rental yield stability.