Suburb Profile Report for Pacific Paradise QLD (4564)

Pacific Paradise House: Median price $431,000, Annual capital growth 3.64%, Number of sales 32, Weekly median advertised rent $415

Pacific Paradise Unit: Median price $309,000, Annual capital growth 4.75%, Number of sales 13, Weekly median advertised rent $320

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Pacific Paradise have tracked just higher than the QLD average of 2.22% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Pacific Paradise has increased when compared to the 5 year average annual rate.

The most recent median price for Pacific Paradise is $431000, with sellers offering an average of -2.72% off the asking price.

Renters in Suburb are facing rents around $4980 per annum or $415 every week.

Property investors who have had real estate in Pacific Paradise, 4564 should be ok 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 4.75%

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Pacific Paradise, 4564. Typically our figures indicate that -5.00% is being offered, which puts this QLD suburb at 733th most discounted overall in Australia.

HOUSE UNIT
$431,000 $309,000
3.86% N/A
7.75% 4.75%
3.64% 4.75%
$415 $320
32 13
5.01% 5.39%
47.91 70.16

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 2168
Median household income ($/weekly) 949
Median age of persons 33
Median housing loan repayment ($/monthly) 1517
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 305 14.1
    25-34 years 332 15.3
    35-44 years 328 15.1
    45-54 years 283 13.1
    55-64 years 242 11.2
    Others 678 31.3
    Age Group
    Census Count Percent(%)
    Not Married 724 46.8
    Registered Married 610 39.4
    Defacto Relationship 214 13.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1726 82.5
    Papua New Guinea 115 5.5
    South Africa 18 0.9
    United Kingdom 112 5.4
    Other 36 1.7
    Others 86 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 1.2
    Christianity 1282 65.1
    Hinduism 8 0.4
    Judaism 6 0.3
    No Religion 646 32.8
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 99 13.2
    $600-$799 100 13.3
    $800-$999 99 13.2
    $1,000-$1,249 91 12.1
    $1,500-$1,999 86 11.5
    Others 275 36.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 559 34.7
    Not in the labour force 524 32.6
    Employed, worked part-time 375 23.3
    Unemployed, looking for work 92 5.7
    Employed, away from work 59 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 122 12.2
    Technicians & trades workers 234 23.5
    Community & personal service workers 125 12.6
    Sales 120 12.0
    Labourers 120 12.0
    Others 275 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 26 5.2
    Infants/Primary 211 42.5
    Secondary 122 24.6
    Technical or Further Educational Institution 55 11.1
    University or other Tertiary Institutions 58 11.7
    Others 24 4.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1571 76.0
    Semi-detached, row or terrace house, townhouse 268 13.0
    Flat, unit or apartment 223 10.8
    House or flat attached to a shop, office 4 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 345 42.2
    Rented 300 36.7
    Fully owned 172 21.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals