If you compare the increase in value of investment property in Paradise Point, 4216 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 25.72%.
If we look at median property appreciation over just the last three months, Paradise Point has given property investors a paper return of 4.29%. This puts Suburb as 113 on a list of fastest fasting appreciating suburbs in QLD
Our latest figures would indicate that property sellers in Paradise Point are currently offering property investors an average price cut of -8.74% below the asking price at the moment.
Investment property in Paradise Point has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.47%
Comparing Paradise Point,4216 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Paradise Point should be aiming for at least -4.94% off the asking price, which is the average vendor discount being achieved at the moment.
A $430 per week rent on the median house gives suburb investors a gross yield of circa 3.36%, without taking into account capital value appreciation, which has been averaging out at 7.75%.