Property value increases in Paradise Point have tracked higher than the QLD average of 1.98% over the last 12 months.
Taking the average capital gain, or increase in median house value, Paradise Point,4216 has racked up an average of 8.99% over the period. This ranks it number 2511th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Paradise Point are currently offering property investors an average price cut of -7.16% below the asking price at the moment.
In the last year 126 properties changed hands in Paradise Point, which puts it as the 164th most active market in QLD when comparing the number of sales per suburb.
Situated 57.82km from the CBD, Paradise Point is one of Gold Coast localities in the postcode 4216.
Giving property investors a a poor capital gain of -9.08% for the last year, Paradise Point, 4216 is the 1560th highest performer in Australia in this respect.
Across a shorter period, Paradise Point, 4216 has seen a median price increase of 2.78% over the last quarter.
Property buyers and investors in Paradise Point 4216 should be seeing an average reduction in asking price of around -5.89% . This means that Paradise Point is holding prices well when compared to other suburbs in QLD.
In the last year 137 properties changed hands in Paradise Point, which puts it as the 65th most active market in QLD when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $5460 per annum or $455 every week.