At number 939th in the list of Australian suburbs ordered by increase in median house value over the last year, Paradise Point, 4216 is in the top 30% with a property value increase of 13.33% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Paradise Point comes in at number 81th in QLD.
Our latest figures would indicate that property sellers in Paradise Point are currently offering property investors an average price cut of -9.16% below the asking price at the moment.
In the last year 150 properties changed hands in Paradise Point, which puts it as the 122th most active market in QLD when comparing the number of sales per suburb.
Situated 58.32km from the CBD, Paradise Point is one of Gold Coast localities in the postcode 4216.
With a capital gain of 17.42% for the last 12 months, Paradise Point, 4216 has performed for property investments than its average annual 5.74% property growth over the last 5 years.
Paradise Point,4216 has offered an average of 17.42% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Paradise Point 4216 should be seeing an average reduction in asking price of around -5.29% . This means that Paradise Point is holding prices well when compared to other suburbs in QLD.
Using the current median advertised rental of $440 and the average annual increase in value of a median property of 5.74%, investors should hope to achieve an overall return of 3.33%