Paradise has had a pretty good year for property investment returns compared to the rest of SA, giving investors a capital gain of 6.25% to date .
A 25.31% growth in median value for property investors in Paradise,5075 puts this suburb at number 198th in terms of best performing suburbs in SA
Sellers are offering property buyers an average discount of -5.63% to buyers in Paradise at the moment, which is less than average for the rest of SA.
Advertised rents are around the $370 mark per week – giving a return of 3.77% based on the median price in Suburb
Giving property investors a a solid capital gain of 12.57% for the last year, Paradise, 5075 is the 297th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Paradise,5075 has racked up an average of 12.57% over the period. This ranks it number 1173th in the whole country for real estate investors looking at median house price increases.
At number 136th of SA’s most discounted properties, Paradise is in the TOP 20% of the state/territory when listing in order of most discounted to least.
In the last year 18 properties changed hands in Paradise, which puts it as the 114th most active market in SA when comparing the number of sales per suburb.
Using the current median advertised rental of $287.5 and the average annual increase in value of a median property of 7.05%, investors should hope to achieve an overall return of 4.35%