Mount Jukes vs Palm Cove
Property investment comparison - Mount Jukes, QLD 4740 vs Palm Cove, QLD 4879
Head-to-head across core investment metrics: Mount Jukes wins 2, Palm Cove wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Mount Jukes | Palm Cove |
|---|---|---|
| Median house price | $1.2M | $1.2M |
| Median unit price | $730K | - |
| Gross rental yield (houses) | 3.13% | 4.05% |
| Gross rental yield (units) | 3.73% | - |
| 1-year house growth | +13.5% | +11.6% |
| 3-year house growth | - | +14.2% |
| Vacancy rate | 0.9% | 0.5% |
| Population | 373 | 2,450 |
Mount Jukes vs Palm Cove: what the numbers say
The median house price is $1.2M in Mount Jukes and $1.2M in Palm Cove, so Mount Jukes is the cheaper entry point.
On cash flow, Palm Cove leads: houses there return a gross rental yield of 4.05%, compared with 3.13% in Mount Jukes, a gap of 0.92 percentage points.
Over the past year house prices moved +13.5% in Mount Jukes and +11.6% in Palm Cove, so recent momentum favours Mount Jukes, although both suburbs recorded growth.
Rental vacancy is 0.5% in Palm Cove and 0.9% in Mount Jukes, so landlords in Palm Cove face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Palm Cove is the bigger suburb, with a population of 2,450 against 373, roughly 7 times the size of Mount Jukes; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Palm Cove for rental income, Mount Jukes for a lower purchase price, Mount Jukes for recent price momentum, Palm Cove for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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