Palm Cove is Australia's most beautiful tropical beach village — a stunning esplanade of luxuriant melaleuca palms framing one of Queensland's finest resort beaches. Its world-class resort hotels (Pullman, Alamanda, Peppers), intimate boutique restaurants, and extraordinary tropical atmosphere create genuine international cachet. Its strong short-term rental market, growing international tourist recognition, and limited village land supply drive long-term appreciation. At the current $1.18m median house price, an 80% loan at 6.25% over 30 years is about $5,812 per month.
| Median house price | $1,180,000 |
|---|---|
| Median unit price | $780,000 |
| Estimated monthly repayment | $5,812 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 10.5% |
| Gross rental yield | 4% |
| Typical days on market | 18 |
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