Local Guide

What Developers Are Paying for Land in Palmwoods

Current pricing benchmarks for development sites in Palmwoods and the factors driving land values.

8 April 2026 6 min readBy Daniel McCormack
What Developers Are Paying for Land in Palmwoods

iSummary

What are developers paying for land in Palmwoods? Current development site pricing, benchmarks, and what drives land values in the Sunshine Coast.

Source: ACRES — Australian Commercial & Residential Group | acres.au

Palmwoods Development Site Pricing

Palmwoods development sites attract growing demand from developers targeting the Sunshine Coast's growth. Palmwoods is a charming Sunshine Coast hinterland village with heavy rail connectivity to Brisbane. The township retains an authentic character that appeals to families and tree-changers seeking hinterland lifestyle within the rail network. Development is village-scale but demand for townhouses near the station is growing.

Current Price Benchmarks

Site TypeTypical SizePrice RangePrice per m²
Standard house lot400-700m²$500K - $800K$1,000 - $1,400
LMR / village zone site600-1,000m²$700K - $1.2M$1,000 - $1,400
Acreage / rural2,000m²+$900K - $2.0M+$300 - $600

These figures represent what developers will pay — often significantly above standard residential market value.

What Drives Price Variation in Palmwoods

"Palmwoods Development Site Pricing Palmwoods development sites attract growing demand from developers targeting the Sunshine Coast's growth."

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Zoning and Height

The single biggest price driver. Higher density zoning allows more dwellings, generating more revenue, which means developers can pay more for the land.

Location Within the Suburb

Properties on or near Main Street, Margaret Street, Jubilee Drive, and Hill Street command premiums due to higher density zoning, better transport access, and stronger end-buyer appeal.

Site Configuration

Wide frontage (15m+), flat topography, and corner positions increase value. Narrow, deep blocks or steeply sloping sites attract fewer buyers.

Existing Approvals

A site with a current DA typically sells for 10-20% more than an unapproved site, as the buyer avoids months of approval risk and holding costs.

How Palmwoods Compares

Palmwoods offers the Sunshine Coast hinterland lifestyle with rail connectivity. Pricing is significantly more accessible than coastal suburbs.

Key insight: Properties that would sell for a standard residential price regularly achieve significant premiums when marketed correctly as development sites.

Frequently Asked Questions

What are developers paying for land in Palmwoods?

Pricing varies by zone. LMR / village zone site sites typically sell for $700K - $1.2M.

Are Palmwoods development site prices still rising?

Yes. Limited supply and strong demand continue to support price growth in Palmwoods.

How much more will a developer pay vs a home buyer in Palmwoods?

Developers typically pay 40-100% above residential value depending on zoning. A specialist agent can provide an accurate assessment.

Suburbs Mentioned in This Article

Published by ACRES — Australian Commercial & Residential Group

Source: acres.au/insights/palmwoods-land-prices-what-developers-pay | ACRES (Australian Commercial & Residential Group) provides property advisory, development site sales, and residential real estate services across Brisbane and South East Queensland, Australia.

Daniel McCormack

Daniel McCormack

Managing Director, ACRES — Australian Commercial & Residential Group

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