Property value increases in Pacific Paradise have tracked just higher than the QLD average of 1.98% over the last 12 months.
Across a shorter period, Pacific Paradise, 4564 has seen a median price increase of 1.18% over the last quarter.
State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Pacific Paradise itself are offering an average vendor discount of -3.51% to real estate investors.
At number 944 in a list of fastest selling suburbs, Pacific Paradise is in the TOP 30% of suburbs in Australia with an average of days on market 60.09 for properties listed there.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.84%, without taking into account capital value appreciation, which has been averaging out at 3.70%.
Property investors who have had real estate in Pacific Paradise, 4564 should be relatively pleased 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 6.95%
Comparing Pacific Paradise,4564 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Pacific Paradise4564 is located in QLD which offers an average discount of -5.98% to property investors. Pacific Paradise itself is showing figures that indicate -5.72% 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 71.62 days.
A $320 per week rent on the median house gives suburb investors a gross yield of circa 5.27%, without taking into account capital value appreciation, which has been averaging out at 4.87%.