Suburb Profile: Palmwoods, Queensland

Overview:

Nestled in Queensland’s Sunshine Coast Region, Palmwoods offers the perfect blend of country charm and modern conveniences. 

Located approximately 20 kilometres inland from Maroochydore and 100 kilometres north of Brisbane, this peaceful suburb has a population of 5,042 (2021 Census) and covers 23.9 square kilometres. 

Palmwoods’ small-town feel, combined with its proximity to coastal hubs, makes it an ideal location for families, retirees, and investors seeking a tranquil yet connected lifestyle.

Location and Accessibility:

Palmwoods enjoys a strategic location, just 18 km from Alexandra Headland Beach and 24 km from Mooloolaba Beach, offering easy access to stunning Sunshine Coast beaches. 

Healthcare facilities are nearby, with Nambour Hospital only 11.5 km away. 

For travellers, Sunshine Coast Airport is 21.1 km from the suburb, and Brisbane Airport is 98.6 km away. Palmwoods also has its own railway station, providing convenient transport links to nearby towns and cities.

Community and Lifestyle:

Palmwoods is renowned for its close-knit, vibrant community, where rural charm meets modern amenities. Locals enjoy a variety of charming cafés and restaurants, many of which highlight local produce and embrace the region’s relaxed atmosphere. 

The suburb is surrounded by natural beauty, with lush greenery and proximity to the Blackall Range, making it ideal for outdoor enthusiasts. Residents can enjoy hiking, biking, and picnicking in the area’s picturesque surroundings.

Whether you’re looking for a quiet place to raise a family or a relaxing spot to retire, Palmwoods offers a welcoming, community-driven lifestyle with plenty of opportunities for outdoor activities and social connections.

Real Estate Market Overview:

Palmwoods' real estate market is thriving, offering a range of opportunities for homeowners and investors alike. Its mix of accessibility, natural beauty, and community appeal continues to drive demand, making it a prime location for property investment.

• Median Property Prices (2023):

• Houses: $955,000

• Units: $850,000

• Rental Market:

• Houses: $700 per week (4.3% rental yield)

• Units: $610 per week (4.1% rental yield)

• Growth Trends: Palmwoods has shown strong growth, with a yearly compound growth rate of 11.4% for houses and an impressive 29.8% for units.

Housing Options and Investment Potential: Palmwoods presents excellent investment potential due to its rising demand and range of housing options. Whether you're looking to purchase a family home, a rental property, or even a renovation project, Palmwoods offers promising opportunities. With its strong growth trends, investing in Palmwoods could result in long-term capital appreciation.

Key Highlights

• Population: 5,042 (2021 Census)

• Location: 18 km from Alexandra Headland Beach and 24 km from Mooloolaba Beach

• Accessibility: Sunshine Coast Airport (21.1 km), Brisbane Airport (98.6 km), and Palmwoods Railway Station

• Lifestyle: A blend of rural charm and modern amenities, offering plenty of outdoor activities like hiking, biking, and picnicking

• Community: Friendly and welcoming, with a strong focus on local businesses, cafés, and community events

• Investment Opportunity: Strong growth rates for houses (11.4%) and units (29.8%) make Palmwoods a highly attractive option for investors

  Why Palmwoods? Palmwoods stands out as a unique suburb that offers a perfect balance between serene country living and access to modern conveniences. Its natural beauty, welcoming community, and growing real estate market make it a prime choice for both homeowners and investors. Whether you're drawn by the outdoor lifestyle, the close-knit community, or the investment potential, Palmwoods is a suburb that promises a high quality of life.

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FAQs

Where is Palmwoods located?
Palmwoods is situated in Queensland’s Sunshine Coast Region, approximately 20 km from Maroochydore and 100 km north of Brisbane.

What is the population of Palmwoods?
As of the 2021 Census, Palmwoods has a population of 5,042.

What is the lifestyle like in Palmwoods?
Palmwoods offers a cozy, small-town charm with modern amenities. The area is known for its outdoor lifestyle, with hiking, biking, and local cafés being popular among residents.

What are the median property prices in Palmwoods?

• Houses: $955,000

• Units: $850,000

What is the rental market like in Palmwoods?

• Houses: $700 per week with a 4.3% rental yield

• Units: $610 per week with a 4.1% rental yield

How accessible is Palmwoods?
Palmwoods is conveniently located near major beaches, hospitals, and airports. The suburb also has its own railway station, making it easy for residents to travel to nearby towns.

What are the growth trends for properties in Palmwoods?
Palmwoods has seen strong growth in recent years, with a compound growth rate of 11.4% for houses and 29.8% for units, making it an appealing investment option.

What makes Palmwoods unique?
Palmwoods is unique for its combination of rural charm, community spirit, and modern amenities. Its natural beauty, historical significance, and vibrant cultural scene make it an attractive place to live and invest.

For expert advice on purchasing property in Palmwoods, contact Keeta Gibson at Ocean Buyers Agency for personalised guidance and assistance.

Sources:

https://abs.gov.au/census/find-census-data/quickstats/2021/

https://profile.id.com.au/sunshine-coast/migration

https://www.microburbs.com.au/Qld/Sunshine-Coast-Regional-Council

https://www.propertyvalue.com.au

https://visitsunshinecoasthinterland.com.au/