Over the last year, property investments in Pacific Paradise, 4564 have given investors a capital gain of 3.01%. This compares averagely with the 2.41% for QLD as a whole.
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.
Sellers are offering property buyers an average discount of -4.55% to buyers in Pacific Paradise at the moment, which is less than average for the rest of QLD.
At number 1366 in a list of fastest selling suburbs, Pacific Paradise is in the TOP 40% of suburbs in Australia with an average of days on market 67.12 for properties listed there.
With the median price for a house in Pacific Paradise being $427500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 5.47%
Investment property in Pacific 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 2.43%
When looking at the potential capital gains offered to property investors over the last 3 years, Pacific Paradise comes in at number 95th in QLD.
At number 198th of QLD’s most discounted properties, Pacific Paradise is in the TOP 40% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Pacific Paradise have been waiting around 84 days to sell a property.
Using the current median advertised rental of $325 and the average annual increase in value of a median property of 3.02%, investors should hope to achieve an overall return of 5.34%