Investment property in 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 6.42%
When looking at the potential capital gains offered to property investors over the last 3 years, Paradise comes in at number 126th in SA.
Our latest figures would indicate that property sellers in Paradise are currently offering property investors an average price cut of -5.67% below the asking price at the moment.
At number 100th in the list of Australian suburbs ordered by increase in median house value over the last year, Paradise, 5075 is in the top 10% with a property value increase of 21.44% recorded in median house prices.
Property buyers and investors in Paradise 5075 should be seeing an average reduction in asking price of around -6.89% . This means that Paradise is holding prices well when compared to other suburbs in SA.
In the last year 25 properties changed hands in Paradise, which puts it as the 85th most active market in SA when comparing the number of sales per suburb.
Paradise is 69th on a list of best yielding suburbs for rents in SA with a 4.96% return