The Numbers.

Local Market Snapshot | Billy Jaz

Palm Beach · Currumbin Waters · Elanora · April 2025 – March 2026

Most people read the median price and stop there. Here's what the data is actually telling us — and why the numbers beneath the surface tell a very different story.

Palm Beach
$1.95M Median house price
$1.20M Median unit price
+13.1% Avg annual growth
33 days Avg time on market
7,082 Active buyers
Currumbin Waters
$1.55M Median house price
$967K Median unit price
+14.0% Avg annual growth
27 days Avg time on market
4,055 Active buyers
Elanora
$1.49M Median house price
$900K Median unit price
+13.1% Avg annual growth
24 days Avg time on market
4,746 Active buyers

Active buyers = houses + units combined · Listings = past month · Growth = avg of houses and units · Source: realestate.com.au

Average Annual Price Growth — Past 12 Months
Currumbin Waters
+14.0%
Palm Beach
+13.1%
Elanora
+13.1%
Average Days on Market vs National Average
Elanora
24 days
Currumbin Waters
27 days
Palm Beach
33 days
National avg
~50 days
15,883 Total active buyers across three suburbs

Competing for just 223 available listings — right now, this month. That's a combined buyer-to-listing ratio of 71:1. In a balanced market, that number sits around 8:1.

Buyer-to-Listing Ratio by Suburb
Currumbin Waters
97:1
Elanora
93:1
Palm Beach
54:1
Balanced market
~8:1

97 buyers for every listing in Currumbin Waters. These aren't historical buyers — these are people actively searching right now, this month, competing for whatever comes to market.

What the median price isn't telling you.

The median price tells you what the average home sold for. It doesn't tell you what a well-prepared, well-presented home can achieve when 90+ buyers are ready to move. That gap — between median and what's possible — is entirely determined by preparation and strategy.

In a market with 97 buyers per listing, vendor discounting is minimal. Sellers aren't negotiating down — they're choosing between competing offers. The question isn't whether you'll sell. It's how far above median you can achieve.

And this is happening while the world is doing what it's doing — rate rises, oil prices, Middle East uncertainty, global markets on edge. The noise is real. But so are these numbers. This market is holding its own.

For Sellers

The median is the floor, not the ceiling.

With 54–97 buyers competing per listing right now, a well-prepared home doesn't sell at median. It sells above it. Strategy and presentation are the only variables you control.

For Buyers

This isn't a market you negotiate in.

At 90+ buyers per home, the buyers who win aren't always the highest offer — they're the cleanest one. Pre-approved, decisive, and ready to move without conditions.

For Investors

Units are outpacing houses on growth.

Currumbin Waters units grew 15.5% — the strongest result across all six data points. With entry prices starting at $967K and rental yields above 4%, the investment case is compelling.

The Bigger Picture

These fundamentals are structural.

Double-digit growth across all three suburbs. Sub-30-day selling times. 15,883 active buyers. This isn't a sugar hit — it's a market with deeply embedded demand and genuinely constrained supply.

71:1 Combined buyer ratio vs ~8:1 balanced market
27d Avg days on market vs ~50 days nationally
+13.4% Avg growth across all 6 Houses and units combined

Know your number

What's your home worth in this market?

Billy Jaz · McGrath Palm Beach · 0400 595 019 · billyjaz@mcgrath.com.au

Get a Market Appraisal

Source: realestate.com.au · April 2025 – March 2026 · Active buyer and listing data reflects past month · Data current as at April 2026

Billy Jaz

Selling Principal & Auctioneer

McGrath Palm Beach

https://www.billyjaz.com
Next
Next

Rates Are Up. Here's the Real Story.