Property prices for sale in Palm Cove (Queensland)

The price per m² in Palm Cove has had a strong decrease during the last 6 months. In October, the average price per m² was $1,067. In the following month the price per m² increased considerably to $1,402. The price for the following two months in (December, January) had a considerable decrease of 45 with regard to the prior two months. The price per m² has had a considerable deflation of 72 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $897.25 to $645.5 during February, and March.

Based upon to the price in Palm Cove (suburbs), these have remained the same in the last 6 months. The average price during our first sample month during October, is $630,000. During November the price went through a considerable rise reaching $762,063. During the following two months (December, January) the average price had a considerable reduction of 77 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $614,417.75 and $617,627 between February and March.

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $640,423 they are 68 % more affordable than the average price for Palm Cove. The properties with the highest average price have 3 bedrooms, Their price is 67 % more costly than the average. After that we have properties with 4 bedrooms priced at $609,917.

With regard to the average price per m² , those properties with 4 bedrooms are the cheapest ones at a cost of $534 / m², with an average $671 / m² price in Palm Cove. The properties with the highest average prices have 3 bedrooms. They are 75 % more expensive than the average followed by properties with 2 bedrooms with a price at $665 / m².

With regard to the average price based upon the property in Palm Cove we can see that most expensive property type is "House" at a price of $756,313, they are 18 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 18 % more expensive than the average price aforementioned.

According to the average area cost by m² the cheapest property type is "House with an average price of $599 / m². "House" with an average cost of $599 / m² has the lowest price and would be directed at less affluent cities.