Property value increases in Pacific Pines have tracked just higher than the QLD average of 2.38% over the last 12 months.
If we look at median property appreciation over just the last three months, Pacific Pines has given property investors a paper return of 1.96%. This puts Suburb as 243 on a list of fastest fasting appreciating suburbs in QLD
Our latest figures would indicate that property sellers in Pacific Pines are currently offering property investors an average price cut of -3.29% below the asking price at the moment.
Advertised rents are around the $490 mark per week – giving a return of 4.90% based on the median price in Suburb
If you compare the increase in value of investment property in Pacific Pines, 4211 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 7.54%.
If we look at median property appreciation over just the last three months, Pacific Pines has given property investors a paper return of -0.27%. This puts Suburb as 181 on a list of fastest fasting appreciating suburbs in QLD
At number 281th of QLD’s most discounted properties, Pacific Pines is in the TOP 20% of the state/territory when listing in order of most discounted to least.
In the last year 100 properties changed hands in Pacific Pines, which puts it as the 101th most active market in QLD when comparing the number of sales per suburb.
A $402.5 per week rent on the median house gives suburb investors a gross yield of circa 5.64%, without taking into account capital value appreciation, which has been averaging out at 3.67%.