Suburb Profile Report for Pacific Paradise QLD (4564)

Pacific Paradise House: Median price $420,000, Annual capital growth 2.57%, Number of sales 33, Weekly median advertised rent $430

Pacific Paradise Unit: Median price $314,000, Annual capital growth 4.64%, Number of sales 16, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

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 5.33%

Pacific Paradise,4564 has offered an average of 5.33% return per annum in house price rises to property investors over the last three years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.24% offered to property buyers. Sellers in Pacific Paradise itself are offering an average vendor discount of -5.17% to real estate investors.

The QLD suburb of Pacific Paradise, 4564 is in the Sunshine Coast local government area.

Pacific Paradise, 4564 ranked 164th 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

Over the longer term, Pacific Paradise has seen property prices show investors a 17.16% return over the last 3 years. This is worse than over the last 12 months

Pacific Paradise4564 is located in QLD which offers an average discount of -6.14% to property investors. Pacific Paradise itself is showing figures that indicate -4.97% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Pacific Paradise the average time real estate has been on the market is 75.64 days.

Pacific Paradise is 190th on a list of best yielding suburbs for rents in QLD with a 5.30% return

Metrics i HOUSE UNIT
$420,000 $314,000
-1.18% 0.08%
5.33% 1.29%
2.57% 4.64%
$430 $320
33 16
5.32% 5.30%
74.37 75.64

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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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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