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Suburb Insights ยท QLD 4800

Palm Grove 4800, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Palm Grove is a regional centre in Queensland, Australia, with a population of approximately 86, making it a boutique locality. Located approximately 901 km from the Brisbane CBD, Palm Grove is a regional area in Queensland. The median household income is $48,256 AUD per year (ABS 2021 Census).

Investment Score

27 / 100 Weak

Palm Grove's income profile suggests a value-oriented market with competitive purchase prices. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Palm Grove, Queensland, Australia.

Key Indicators

Postcode
4800

Official Australia Post postcode for Palm Grove. A postcode may cover multiple suburbs.

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Population
86

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$250/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$48,256/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
901 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,415/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
86% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Palm Grove serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $250/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,415/month. 86% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Long-term holding in Palm Grove requires careful assessment of local economic resilience.

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Rental Yield

Achieving strong cash flow in Palm Grove is challenging at current rent-to-price ratios.

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Renovation / Flip

The resale market in Palm Grove may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Palm Grove property

Full Property Analysis

30-year projections for Palm Grove

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Palm Grove faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Palm Grove's 2026 outlook. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Palm Grove a good suburb for investment?

Palm Grove is a regional area in Queensland with a population of 86. The median rent is $250/week and the median household income is $48,256/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Palm Grove?

Key demand drivers in Palm Grove include regional employment hubs, lifestyle, and affordability. 86% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Palm Grove?

According to the ABS 2021 Census, Palm Grove has a population of approximately 86. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Palm Grove from the Brisbane CBD?

Palm Grove is approximately 901 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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