ABS 2021 Census · Updated 31 March 2026
Palm Island is a coastal suburb in Queensland, Australia, with a population of approximately 2,138, making it a boutique locality. Located approximately 1176 km from the Brisbane CBD, Palm Island is a coastal area in Queensland. The median household income is $50,596 AUD per year (ABS 2021 Census).
Household earnings in Palm Island are below the state average, which may affect long-term capital growth. Seaside positioning attracts both owner-occupiers and holiday rental demand.
Map shows Palm Island, Queensland, Australia.
Official Australia Post postcode for Palm Island. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.
ABS Census Data →Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.
State Rental Authority →Annual median household income (before tax) for all households. Source: ABS 2021 Census.
ABS Census Data →Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb based on ABS 2021 data.
Find schools near Palm Island on My School →Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.
Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.
ABS Census Data →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 →Coastal lifestyle is a strong draw for Palm Island, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in Queensland consistently attract interstate migration and lifestyle buyers. The median rent of $125/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $2,167/month. 82% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.
Palm Island offers moderate buy-and-hold potential — look for properties with value-add opportunities.
Palm Island's rental market is softer — budget for potential vacancy periods.
The resale market in Palm Island may not support quick-turnaround renovation projects.
Run the numbers on a Palm Island property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Price movement in Palm Island is expected to be flat to modest in 2026, reflecting broader regional market conditions. The rental market in Palm Island should see steady occupancy, with moderate upward pressure on rents. Sentiment is subdued, though improving local conditions could shift perceptions over time.
Palm Island is a coastal area in Queensland with a population of 2,138. The median rent is $125/week and the median household income is $50,596/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.
Key demand drivers in Palm Island include lifestyle appeal and proximity to the coast. 82% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.
According to the ABS 2021 Census, Palm Island has a population of approximately 2,138. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.
Palm Island is approximately 1176 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 — local amenities and employment are important investment considerations.