Giving property investors a a stable capital gain of 10.42% for the last year, Surfers Paradise, 4217 is the 1031th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Surfers Paradise comes in at number 386th in QLD.
LACK OF BUYER INTEREST may well be the reason that Surfers Paradise is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 141th in terms of most discounted suburbs in QLD
At number 2374 in a list of fastest selling suburbs, Surfers Paradise is in the bottom 40% of suburbs in Australia with an average of days on market 93.89 for properties listed there.
Situated 70.84km from the CBD, Surfers Paradise is one of Gold Coast localities in the postcode 4217.
With a capital gain of 4.23% for the last 12 months, Surfers Paradise, 4217 has performed for property investments than its average annual -0.05% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Surfers Paradise,4217 has racked up an average of 4.23% over the period. This ranks it number 1267th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Surfers Paradise are currently offering property investors an average price cut of -7.14% below the asking price at the moment.
Renters in Suburb are facing rents around $4560 per annum or $380 every week.