Palm Cove QLD Property Investment

Cairns · 4879

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Median House Price

$1.17M

As of 7 Nov 2026.

Rental Yield

N/A

Vacancy Rate

N/A

Median Weekly Rent

N/A

Median Unit Price

$550K

As of 7 Nov 2026.

Population (Census 2021)

2,450

Palm Cove Short-Term Rental Market

Short-stay estimate: run a brief

Past price growth

Median house sale price growth, Cairns Regional council area (the whole council area, not just Palm Cove): 11.8% a year, Mar qtr 2021 to Mar qtr 2026. Source: Queensland Government Statistician's Office, Residential land development indicators (as at 9 October 2026), derived from DNRMMRRD QVAS. © The State of Queensland (Queensland Treasury) 2026, CC BY 4.0. Growth calculated by Estait. Past growth doesn't predict future prices.

New dwellings approved

New dwellings approved, Cairns council area, 12 months to Aug 2026: 767. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Palm Cove.

Suburb Metric Thresholds

3 green2 yellow2 red

Population growth 2016–21, postcode 4879 (ABS Census)

2.42 high impact

Median Household Income

1701 medium impact

Public Transport Score

3.8 medium impact

School Zone Quality

6.6 medium impact

Distance to CBD

1412.02 medium impact

SEIFA Advantage/Disadvantage

7 medium impact

Owner Occupier Rate

68.2 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 4879

Most disadvantagedLeast disadvantaged

Decile 7 of 10 — Average

Population (suburb)

2,450

Education (IEO)

7/10

Econ. Resources (IER)

7/10

Schools

In your catchment

Tropical North Learning Academy - Trinity Beach SS

PrimaryGovernment

6/10

Tropical North Learning Academy - Smithfield SHS

SecondaryGovernment

5.6/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.