Real Estate Agents Palm Beach
QLD 4221

About Location Market

About RE/MAX Regency

Showcasing a prominent local presence in Palm Beach and a team illustrating rich and accumulative experience, RE/MAX Regency offers an unrivalled calibre of personal attention. Established with a focus on delivering a personal and customised service, our commitment to honesty, integrity and professionalism is reflected in our strong sales history and industry reputation in Palm Beach and surrounding suburbs.

Demographics

A little bit about who lives locally, as provided by government census data.
Population
14,648
Average Age
20 to 39
Owner
Renter
57%
43%
Family
Single
39%
61%
Dwelling structure
House
40.92%
Flat or Apartment
38.44%
Semi Detached or Terrace
19.79%
Other Dwelling
0.81%
Home ownership type
Rented Regular
36.97%
Owned Outright
32.09%
Owned Mortgage
28.51%
Other Tenure Type
2.44%
Method of travel to work
Car
94.91%
Walk
2.53%
Bus
1.95%
Train
0.62%
Industry of employment
Professionals
25.19%
Technicians and Trade Workers
14.59%
Managers
14.26%
Community and Personal Service Workers
12.98%
Distance to
0 mins
0 mins
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Market Trends

Get a better understanding of local market trends

These market trends are specific to Palm Beach and show the number of sold properties in different categories. There are 16 two-bedroom houses that have been sold with an average price of $983k, 48 days on the market, 79 three-bedroom houses that have been sold with an average price of $1.5m, clearance rate of 64%, 46 days on the market. In addition, 64 four-bedroom houses that have been sold with an average price of $1.78m, clearance rate of 38%, 76 days on the market. Furthermore, 19 five-bedroom houses that have been sold with an average price of $2.63m, 117 days on the market. Moreover, 21 one-bedroom units that have been sold with an average price of $545k, 68 days on the market, 148 two-bedroom units that have been sold with an average price of $803k, clearance rate of 48%, 36 days on the market. Furthermore and 83 three-bedroom units that have been sold with an average price of $1.36m, clearance rate of 50%, 94 days on the market.

Bedrooms Type Median Price Avg Days on market Clearance Rate Sold this Year
2 Beds House $983k 48 days - 16
Market Performance
Sales Price Range
MEDIAN PRICE
$983k
ENTRY LEVEL
$776k
HIGH END
$1.52m
Sold this year
16
Rental median price
$700
Auction clearance
Higher = more competition
-
Average days on market
Lower = more competition
48 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2024 $983k 2.4% 16
2023 $960k -3% 19
2022 $990k 15.1% 22
2021 $860k 34.4% 11
2020 $640k 0% 14
2019 $0 0% 8
3 Beds House $1.5m 46 days 64% 79
Market Performance
Sales Price Range
MEDIAN PRICE
$1.5m
ENTRY LEVEL
$1m
HIGH END
$2.85m
Sold this year
79
Rental median price
$950
Auction clearance
Higher = more competition
64%
Average days on market
Lower = more competition
46 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2024 $1.5m 7.1% 79
2023 $1.4m 0.5% 78
2022 $1.39m 49.3% 80
2021 $933k 8.5% 82
2020 $860k 12.4% 77
2019 $765k 0% 62
4 Beds House $1.78m 76 days 38% 64
Market Performance
Sales Price Range
MEDIAN PRICE
$1.78m
ENTRY LEVEL
$1.15m
HIGH END
$4.25m
Sold this year
64
Rental median price
$1.4k
Auction clearance
Higher = more competition
38%
Average days on market
Lower = more competition
76 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2024 $1.78m 3.4% 64
2023 $1.73m 3.6% 65
2022 $1.67m 32.1% 89
2021 $1.26m 16.7% 75
2020 $1.08m 21.3% 63
2019 $890k 0% 61
5 Beds House $2.63m 117 days - 19
Market Performance
Sales Price Range
MEDIAN PRICE
$2.63m
ENTRY LEVEL
$1.29m
HIGH END
$11m
Sold this year
19
Rental median price
$1.6k
Auction clearance
Higher = more competition
-
Average days on market
Lower = more competition
117 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2024 $2.63m 15.4% 19
2023 $2.28m 23% 14
2022 $1.85m 20.5% 23
2021 $1.54m 50.3% 24
2020 $1.02m -28.1% 15
2019 $1.42m 0% 14
1 Beds Unit $545k 68 days - 21
Market Performance
Sales Price Range
MEDIAN PRICE
$545k
ENTRY LEVEL
$350k
HIGH END
$805k
Sold this year
21
Rental median price
$570
Auction clearance
Higher = more competition
-
Average days on market
Lower = more competition
68 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2024 $545k -4.4% 21
2023 $570k 3.6% 28
2022 $550k 52.8% 16
2021 $360k 9.1% 21
2020 $330k 9.3% 15
2019 $302k 0% 16
2 Beds Unit $803k 36 days 48% 148
Market Performance
Sales Price Range
MEDIAN PRICE
$803k
ENTRY LEVEL
$620k
HIGH END
$1.3m
Sold this year
148
Rental median price
$700
Auction clearance
Higher = more competition
48%
Average days on market
Lower = more competition
36 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2024 $803k 14.6% 148
2023 $701k 0.1% 156
2022 $700k 37.3% 185
2021 $510k 11.8% 152
2020 $456k 12.6% 175
2019 $405k 0% 149
3 Beds Unit $1.36m 94 days 50% 83
Market Performance
Sales Price Range
MEDIAN PRICE
$1.36m
ENTRY LEVEL
$905k
HIGH END
$2.83m
Sold this year
83
Rental median price
$1.1k
Auction clearance
Higher = more competition
50%
Average days on market
Lower = more competition
94 days
Sales and Growth
YEAR MEDIAN GROWTH # OF SALES
2024 $1.36m 4.6% 83
2023 $1.3m 10.4% 84
2022 $1.18m 26.3% 82
2021 $933k 10% 92
2020 $848k 8.9% 81
2019 $779k 0% 43

* Data based on sales within the last 12 months

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