Palmview is a mid-sized suburb in Queensland within the Sunshine Coast local government area (postcode 4553). The area has roughly 5,236 residents and a predominantly early-career demographic, with a median age of 29. Households earn a median income of $120K per year, with an average household size of 3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.0% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are English, Australian, Scottish.
The current median weekly rent is $795. The median monthly mortgage repayment is $2,000.
Palmview is served by 3 schools, including 1 primary, 1 secondary, 1 special. The average ICSEA score is 1027, which is around the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Sunshine Coast LGA is below average at 3,661 incidents per 100,000 population.
From an investment perspective, Population growth of +2.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.