Average rent in Palm Island, QLD — 2026

Palm Island runs cheaper than the Queensland median — renters typically pay $125/week, about 65% under the state baseline of $359/week (ABS Census 2021). The standout figure is the renter share: 92% of households rent, well above the state-wide norm. That combination — lower rent plus renter-heavy — usually signals a more active rental market with quicker turnover than owner-heavy suburbs at the same price point. Housing mix is 87% separate houses and 8% flats. Population is around 2,098, median age 26, and the most common occupation category is Community and Personal Service Workers. 2% of residents were born overseas, and the suburb is 1173km from Brisbane. Stock moves fast — staying flexible on inspection times pays off.