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Palmers Island NSW 2463 — House Prices, Rent & Suburb Profile

Palmers Island is a suburb in New South Wales (postcode 2463). The median sale price is $1.08M (+190% since 2015). The median weekly rent is $530/week, a gross rental yield of about 2.5%. It has a population of about 482 (ABS Census 2021).

Median sale price
$1.08M
Median weekly rent
$530/week
Gross rental yield
2.5%
Population (2021)
482
Socio-economic (IRSAD %ile)
55

Median sale price trend

YearMedian sale price
2015$373,750
2018$500,000
2020$635,500
2025$1,082,500

Source: NSW Valuer General bulk property sales. Medians shown only where there are enough sales.

Median weekly rent by bedrooms

BedroomsMedian weekly rent
3-bedroom$400

Postcode-level median (all property types). Source: NSW DCJ rental bonds.

Housing mix

Predominantly house (74% of recorded sales, most commonly around 700+㎡ land).

Demographics (ABS Census 2021)

  • Population: 482
  • Median age: 49
  • Median weekly household income: $1,404
  • Average household size: 2.6

Socio-economic profile (ABS SEIFA 2021)

  • IRSAD (relative advantage/disadvantage): score 995 · 55th percentile in Australia
  • IEO (education & occupation): score 955 · 38th percentile

Higher score = relatively more advantaged. This is a socio-economic index, not a measure of school or teaching quality. Source: ABS SEIFA 2021 (CC BY).

Schools in Palmers Island

  • Palmers Island Public School · Primary School

Schools located within the suburb boundary. For catchments and results, see the official My School / NSW sources.

Transport

Nearest station: Palmers Island Public School, Yamba Rd (train), about 0.6 km from the suburb centre.

Frequently asked questions

What is the median house price in Palmers Island?

The median sale price in Palmers Island NSW 2463 is $1,082,500, up 190% since 2015. Based on NSW Valuer General sales data.

What is the average weekly rent in Palmers Island?

The median weekly rent in Palmers Island (postcode 2463) is $530 per week. Source: NSW DCJ rental bonds.

What is the rental yield in Palmers Island?

The estimated gross rental yield in Palmers Island is about 2.5%, based on the median weekly rent relative to the median sale price.

What schools are in Palmers Island?

Schools located in Palmers Island include Palmers Island Public School.

Nearby suburbs

Explore house prices & rent in suburbs near Palmers Island. Browse all NSW suburbs →

Explore Palmers Island on the interactive map →

Prices, rents, school zones, land values and zoning across NSW.

Data: NSW Valuer General (sales & land value), NSW DCJ (rents), ABS Census & SEIFA 2021, TfNSW (transport). Figures are medians and estimates for general information only, not valuations or advice.