| Distance from Brisbane GPO | 84km |
| Population | 14,700 |
| Population change in the last 5 years | +5.3% |
| Average home ownership length | 11 years |
| Owner Occupiers | 57% |
| Renters | 43% |
| Total houses | 3,600 |
| Total Units | 4,343 |
The size of Palm Beach is approximately 6.2 square kilometres with 35 parks covering nearly 13.3% of total area.
The population of Palm Beach in 2011 was 13,956 people. By 2016 the population was 14,689 showing a population growth of 5.3% in the area during that time. The predominant age group in Palm Beach is 30-39 years.
Households in Palm Beach are primarily childless couples and are likely to be repaying $1800 – $2399 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation. In 2011, 54.5% of the homes in Palm Beach were owner-occupied compared with 55.2% in 2016.
Currently the median sales price of houses in the area is $920,000.
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What makes a good investment?
Many things but the most important piece of the puzzle is what is your specific strategy?
Are you focused on short term wins from the rental return or the long-term growth potential of your investment?
Once you have determined this, the rest falls in place fairly easily.
The suburb lies on the Gold Coast Broadwater with direct access to the Coomera River. The area is protected by South Stradbroke Island which lies off the coast. With access to two major water ways, several boat ramps and marinas have been built.
Mount Gravatt is a southern suburb of the City of Brisbane, Queensland, and a prominent hill within this suburb. The hill was named Mount Gravatt in 1840 by surveyor Robert Dixon after Lieutenant George Gravatt who was the commander of the Moreton Bay penal colony from May to July 1839.
The suburb is located about 16 kilometres north of the Brisbane central business district. The southern border is formed by Telegraph Road, one of the oldest roads in the suburb, and a portion of the western border is formed by the Caboolture railway line.
The predominant age group in Ashgrove is 40-49 years. Households in Ashgrove are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ashgrove work in a professional occupation.
Households in Mermaid Waters are primarily couples with children and are likely to be repaying $1800 – $2399 per month on mortgage repayments.
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