6 Cedar RoadPalm Cove QLD 4879
Property Details for 6 Cedar Rd, Palm Cove
Last Listing description (May 2019)
Sanctuary Palm Cove is a tranquil and private resort offering guests a chance to breathe in the clean tropical breezes and listen to nature, but only steps away from paved streets lined with age-old melaleucas, award-winning restaurants, day spas, cafes and boutique shopping. Properties of this calibre are rare and we expect strong interest for this offering.
- Large letting pool, luxury accommodation & facilities
- Strong performing holiday business with $350k+ net
- Long agreements
- No requirement to live onsite
- Property inspections are by appointment only
Property History for 6 Cedar Rd, Palm Cove, QLD 4879
- 01 Mar 2019Listed for Sale $2,495,000
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0About Palm Cove 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 2,880 properties. Over the last 5 years, Houses in Palm Cove have seen a 67.63% increase in median value, while Units have seen a 103.21% increase. As at 31 December 2025:
- The median value for Houses in Palm Cove is $1,139,370 while the median value for Units is $608,854.
- Houses have a median rent of $850 while Units have a median rent of $550.
Suburb Insights for Palm Cove 4879
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