Paradise Point has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 4.35% to date .
If we look at median property appreciation over just the last three months, Paradise Point has given property investors a paper return of 0.26%. This puts Suburb as 416 on a list of fastest fasting appreciating suburbs in QLD
Property buyers and investors in Paradise Point 4216 should be seeing an average reduction in asking price of around -7.75% . This means that Paradise Point is holding prices well when compared to other suburbs in QLD.
Using the current median advertised rental of $722.5 and the average annual increase in value of a median property of 1.07%, investors should hope to achieve an overall return of 3.91%
If you compare the increase in value of investment property in Paradise Point, 4216 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -10.77%.
Paradise Point,4216 has offered an average of -10.77% return per annum in house price rises to property investors over the last three years.
The most recent median price for Paradise Point is $580000, with sellers offering an average of -5.44% off the asking price.
Residents and property investors in Paradise Point have been waiting around 103.8 days to sell a property.
Paradise Point, 4216’s gross rental yield is 3.77%