Investment property in Surfers Paradise has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.73%
Taking the average capital gain, or increase in median house value, Surfers Paradise,4217 has racked up an average of 6.73% over the period. This ranks it number 1876th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -10.47% to buyers in Surfers Paradise at the moment, which is less than average for the rest of QLD.
Renters in Suburb are facing rents around $8370 per annum or $697.5 every week.
Over the last year, property investments in Surfers Paradise, 4217 have given investors a capital gain of 2.57%. This compares favourably with the 0.29% for QLD as a whole.
The five-year average increase in median property values for Surfers Paradise,4217 has given property investors a potential capital gain of 5.28% across each of those five years.
At number 89th of QLD’s most discounted properties, Surfers Paradise is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Surfers Paradise the average time real estate has been on the market is 92.86 days.
Situated 70.98km from the CBD, Surfers Paradise is one of Gold Coast localities in the postcode 4217.