Property investors who have had real estate in Peachester, 4519 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.74%
Comparing Peachester,4519 ‘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 Peachester should be aiming for at least -5.16% off the asking price, which is the average vendor discount being achieved at the moment.
Located 83km from the Brisbane CBD and about 35km from Caloundra, the suburb lies within the Sunshine Coast Hinterland.Full summary
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Located 83km from the Brisbane CBD and about 35km from Caloundra, the suburb lies within the Sunshine Coast Hinterland.
Peachester is quite small having just 1,083 residents according to the 2006 ABS Census. However, it’s accessibility to the Sunshine Coast centres of Caloundra and to Brisbane makes it an attractive destination for professionals who are searching for lifestyle as well as connectivity to job markets.
Median house price has come a long way from $8,080 in September 1979, according to Residex figures. Its relatively affordable housing offering will certainly boost its appeal as lifestyle destination for the budget conscious buyers.