Surfers Paradise has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 6.45% to date .
Over the longer term, Surfers Paradise has seen property prices show investors a 10.74% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Surfers Paradise 4217 should be seeing an average reduction in asking price of around -11.43% . This means that Surfers Paradise is holding prices well when compared to other suburbs in QLD.
Investment property in Surfers Paradise has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.57%
Surfers Paradise,4217 has offered an average of 0.57% return per annum in house price rises to property investors over the last three years.
The most recent median price for Surfers Paradise is $350000, with sellers offering an average of -7.22% off the asking price.
In the last year 1548 properties changed hands in Surfers Paradise, which puts it as the 1st most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $380 mark per week – giving a return of 5.65% based on the median price in Suburb