Palm Island, QLD

Postcode 4816  ·  Gov Data

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Median Price

$394,000

Median Rent

$125/wk

$6,500/yr

Gross Yield

1.65%

Below average

Recent Sales

0

last 24 months

Demographics (ABS 2021)

Population
2,138
Median HH Income
$50,596/yr
Median Age
27
Renter %
98%
Owner-Occupied %
2%
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Investment Snapshot

20% Deposit

$78,800

Monthly Mortgage (6.24%)

$2,190

Annual Rental Income

$6,500

Annual Mortgage Cost

$26,280

Estimates only. Assumes 30yr P&I loan, 6.24% rate, 80% LVR. Use full calculator →

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Price data from NSW Valuer General (QLD sales records). Demographics from ABS 2021 Census. Data is for general information only and does not constitute financial advice.