Pacific Pines has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 6.16% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Pacific Pines has increased when compared to the 5 year average annual rate.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in Pacific Pines itself are offering an average vendor discount of -3.85% to real estate investors.
If you compare the increase in value of investment property in Pacific Pines, 4211 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.43%.
When looking at the potential capital gains offered to property investors over the last 3 years, Pacific Pines comes in at number 286th in QLD.
LACK OF BUYER INTEREST may well be the reason that Pacific Pines is offering property investors an average of -5.97. This rate of discount on properties puts Suburb at number 282th in terms of most discounted suburbs in QLD
Pacific Pines is 87th on a list of best yielding suburbs for rents in QLD with a 6.00% return