Pacific Paradise, 4564 ranked 475th in QLD when comparing growth in median property values or capital gain over the last 12 months. Pacific Paradise is one of 2415 in our list for QLD
If we look at median property appreciation over just the last three months, Pacific Paradise has given property investors a paper return of -0.58%. This puts Suburb as 583 on a list of fastest fasting appreciating suburbs in QLD
The most recent median price for Pacific Paradise is $425000, with sellers offering an average of -4.63% off the asking price.
At number 1365 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 67.84 for properties listed there.
A $440 per week rent on the median house gives suburb investors a gross yield of circa 5.38%, without taking into account capital value appreciation, which has been averaging out at 1.83%.
If you compare the increase in value of investment property in Pacific Paradise, 4564 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 2.59%.
When looking at the potential capital gains offered to property investors over the last 3 years, Pacific Paradise comes in at number 96th in QLD.
Property investors looking for a bargain in Pacific Paradise should be aiming for at least -5.12% off the asking price, which is the average vendor discount being achieved at the moment.
At number 802 in a list of fastest selling suburbs, Pacific Paradise is just in the bottom half of suburbs in Australia with an average of days on market 81.25 for properties listed there.
Property investors should expect to get $320 weekly from the median priced house in this suburb.