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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 2,842 properties. Over the last 5 years, Houses in Palm Cove have seen a 71.61% increase in median value, while Units have seen a 86.93% increase. As at 31 October 2025:

• The median value for Houses in Palm Cove is $1,083,718 while the median value for Units is $581,050.
• Houses have a median rent of $825 while Units have a median rent of $550.