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AusProp
Investment Brief
Generated 12 September 2026

Palm Beach

Southern Gold Coast · QLD 4221

A gentrifying southern beach suburb on the upgraded M1 and planned rapid-transit corridor.

Market snapshot

House
Unit
Median price
$2,400,000
$980,000
Rent / week
$1121/wk
$902/wk
Gross yield
2.71% (GC avg 3.2%)
4.35% (GC avg 4.85%)
Growth (1yr)
+10.5%
+7.9%
Auction clearance54%
Days on market36 days
Vacancy rate2.6%
Active listings71

* Sample market figures for layout testing — live Domain data is wired in before launch.

Supply risk

High supply risk24 major DAs approved

24 major approvals in the pipeline — significant new supply could soften rents short-term before population absorbs it.

~2,960
est. new dwellings

Active infrastructure (1)

The GC SurferTransport

A planned metro-style service running every 10 minutes through Palm Beach between Robina, Burleigh Heads, the airport and Coolangatta, targeted before the 2032 Games.

Announced · Est. 2032Queensland Government ↗

Planning & commercial signals (24)

Major Mixed-Use Development: 193 Dwellings in Palm Beach★ Major

A high-density mixed-use development at 1128-1130 Gold Coast Highway featuring 193 dwellings, short-term accommodation, food and drink outlets, function facilities, and a hotel.

Mixed-Use Development - 113 Short Term & Residential Dwellings★ Major

A mixed-use development comprising 113 multiple dwellings, 113 short-term accommodation units, food and drink outlets, office space, and shops on the Gold Coast Highway.

Mixed-Use High-Density Development — 250 Total Units★ Major

A major mixed-use development application proposing 125 multiple dwellings and 125 short-term accommodation units, alongside commercial, office, and food/drink outlets in Palm Beach.

Major Mixed-Use Development: 264 Units at 1150 Gold Coast Highway★ Major

A combined application for 132 multiple dwellings and 132 short-term accommodation units, plus office, retail, food and beverage, and bar facilities.

130-Unit Short-Term Accommodation & Mixed-Use — Palm Beach★ Major

Combined Material Change of Use and Reconfiguring of a Lot for 130 short-term accommodation units, 130 multiple dwelling units, bar, office, food and drink outlet, and shop with volumetric subdivision at a prime Palm Beach beachfront address.

BPG Developments' $165M Palmiere tower approved for Palm Beach★ Major

BPG Developments has secured approval for Palmiere, a 14-storey scheme comprising 58 apartments, 8 penthouses and 3 townhouses on an amalgamated 1,733 sqm site fronting Jefferson Lane and Gold Coast Highway.

Jefferson Lane — City Plan Height Reduction

Under the 'Our City Our Plan' amendment, the eastern side of Jefferson Lane (between 17th Avenue and Laceys Lane) was rezoned from Medium Density to Low-Medium Density, cutting the height limit from 29m to 16m and removing the 50% height-uplift provision. The western side's limit was cut from 29m to 17m, retaining the uplift provision.

33-Unit Multiple Dwelling Development at 124 Jefferson Lane

A material change of use for a 33-unit multiple dwelling development located at 124 Jefferson Lane, Palm Beach.

45-Unit Multiple Dwelling Development in Palm Beach

A Material Change of Use application for a multiple dwelling development comprising 45 units at 14 Twenty Eighth Avenue, Palm Beach.

Multiple Dwelling Development — 40 Units at Gold Coast Highway

A Material Change of Use application for the development of 40 residential dwellings at 1341 Gold Coast Highway, Palm Beach.

34-Unit Residential Development at Gold Coast Highway

A material change of use application for the construction of 34 residential dwellings located at 949-953 Gold Coast Highway, Palm Beach.

Multiple Dwelling Development — 58 Units in Palm Beach

A Material Change of Use application for a 58-unit multiple dwelling development located at 3 Fourteenth Avenue, Palm Beach.

Multiple Dwelling Development — 38 Units at Palm Beach

A material change of use application for the development of 38 residential multiple dwellings at 1177 Gold Coast Highway, Palm Beach.

Short-Term Accommodation Development — 1177 Gold Coast Highway

A combined application for multiple dwellings and 36 short-term accommodation units at 1177 Gold Coast Highway in Palm Beach.

32-Unit Residential Development — 1357 Gold Coast Highway

A combined application for a multiple dwelling development comprising 32 units and associated prescribed tidal works (seawall) on the Gold Coast Highway in Palm Beach.

47-Unit Residential and Short-Term Accommodation — Palm Beach

A Material Change of Use application for a development comprising 47 multiple dwellings and short-term accommodation units on the Gold Coast Highway.

Multiple Dwelling Development — 69 Units in Palm Beach

A Material Change of Use application for the construction of 69 multiple dwellings at 1055 Gold Coast Highway, Palm Beach.

47-Unit Multiple Dwelling Development in Palm Beach

A Material Change of Use application for a 47-unit multiple dwelling development at 1425 Gold Coast Highway, Palm Beach.

68-Unit Multiple Dwelling Development — Palm Beach

Material Change of Use application for a 68-dwelling multiple dwelling development at 1425 Gold Coast Highway, Palm Beach. This is a significant residential intensification proposal on a major coastal corridor.

60-Dwelling Multiple Development — Palm Beach

Material Change of Use application for a 60-dwelling multiple dwelling development at 16 Twenty Third Avenue, Palm Beach. This represents significant residential intensification in the Palm Beach precinct.

94-Dwelling Mixed-Use Development — Palm Beach

Material Change of Use application for 94 multiple dwellings plus food and drink outlets at 1395 Gold Coast Highway, Palm Beach. This is a significant intensification of a beachside location combining residential and commercial uses.

40-Unit Multiple Dwelling — Palm Beach Esplanade

Material change of use development proposing 40 multiple dwellings at 444 The Esplanade, Palm Beach. This is a substantial residential infill project on a high-profile beachfront address.

GRAYA acquires record beachfront site for Coral development at Jefferson Lane

GRAYA acquired a double beachfront site at Jefferson Lane in March 2026 for $23.5 million from SGH managing director Ryan Stokes. The site previously held approval for a separate nine-level residential development known as 'Akuna'.

23-Unit Multiple Dwelling — Palm Beach Highway

Material Change of Use application for 23 multiple dwellings at a prominent Gold Coast Highway location in Palm Beach. This represents mid-density residential intensification in an established beachside suburb.

Summary

Palm Beach has 1 active infrastructure project, headlined by The GC Surfer (announced). The median house price is around $1.83m, with auction clearance strengthening and days on market falling; gross rental yield is about 3.06%.