Atlaso rates Palm Cove houses as HOLD. Average growth outlook. Rental yield of 4.0% is above the national average, but properties take 68 days to sell, suggesting buyer caution. Better houses options may be available in Cairns.
At $1.19M, Palm Cove ranks #32 of 38 houses in Cairns. The long-term structural outlook is Below average. Buyer demand is strong with 48 buyers per listing.
OPPORTUNITY ENGINE
Structural opportunity remains selective at this price level.
5 stronger-positioned houses identified in Cairns.
Buyer's MarketStock rising, prices softening. Buyers have leverage.
-8.3%
Asking Prices (3mo)
+3.9%
Rents (12mo)
1.6%
Vacancy ↑
29%
Fresh Stock (<30d)
House Asking Prices (12 months)
$1.05M
House Weekly Rents (12 months)
$799/wk
Vacancy Rate (24 months)
--- 1.5% tight--- 3.0% loose
Listing Age (12 months)
Fresh (<30d)30-60d60-90d90-180d180d+
Data for postcode 4879.
Momentum Health
Monitor
47% stall probability
Palm Cove is growing at 23.5% annually but early warning signals are appearing. Watch for vacancy loosening or yield compression over the next quarter.
STALL RISK47%
Suburb Profile
Palm Cove at a Glance
SEIFA Index
7/10
Above average
Household Income
$1,701/wk
Median household
Median Age
44
Years
Mortgage Stress
24%
of income
Population Growth
+2.6%
vs state +1.8%
Ownership Mix
21.8%owned40.7%mortgage33.9%renting
Demographic Trends
Palm Cove Over Time
Median Household Income (Census)
Population Growth Rate (Census)
Dwelling Composition (Census)
Rental Yield History
Census data: ABS. Yield series: weekly market data.
Full Palm Cove Analysis
Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.
3-Year Structural OutlookStrong
Conviction LevelHigh
Fair Value GapX.X% undervalued
3-Bed House Price$X,XXX,XXX
Gross YieldX.X%
Weekly Rent$XXX
SEIFA DecileX/10
Building ApprovalsXX dwellings
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Atlaso rates Palm Cove as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Palm Cove and 46 Australian cities to generate this rating.
What is the median house price in Palm Cove?
The current median house price in Palm Cove, qld is $1.19M, with annual growth of +7.1%. Properties sell in approximately 68 days.
How fast do properties sell in Palm Cove?
Properties in Palm Cove sell in 68 days on average. The market is currently rated Below average. This is slower than average, which may present opportunities for negotiation.
What is the growth outlook for Palm Cove?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Palm Cove's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Palm Cove?
The gross rental yield for houses in Palm Cove is 4.0%. This is in line with the broader market average.
Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).