1 Buchan Street

Palm Cove QLD 4879

The size of Palm Cove is approximately 3.6 square kilometres. It has 11 parks covering nearly 24.5% of total area. The population of Palm Cove in 2016 was 2059 people. By 2021 the population was 2450 showing a population growth of 19.0% in the area during that time. The predominant age group in Palm Cove is 60-69 years. Households in Palm Cove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palm Cove work in a professional occupation.In 2021, 66.80% of the homes in Palm Cove were owner-occupied compared with 57.10% in 2016.

Palm Cove has 2,879 properties. Over the last 5 years, Houses in Palm Cove have seen a 69.90% increase in median value, while Units have seen a 105.01% increase. As at 31 January 2026:

• The median value for Houses in Palm Cove is $1,172,366 while the median value for Units is $645,006.
• Houses have a median rent of $850 while Units have a median rent of $550.