At number 2170th in the list of Australian suburbs ordered by increase in median house value over the last year, Paradise, 5075 is in the BOTTOM 50% with a property value increase of 5.09% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Paradise comes in at number 83th in SA.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Paradise, 5075. Typically our figures indicate that -5.66% is being offered, which puts this SA suburb at 1969th most discounted overall in Australia.
Property investors should expect to get $370 weekly from the median priced house in this suburb.
Investment property in Paradise has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.16%
Over the longer term, Paradise has seen property prices show investors a 8.13% return over the last 3 years. This is an improvement over the last 12 months
Our latest figures would indicate that property sellers in Paradise are currently offering property investors an average price cut of -4.88% below the asking price at the moment.
Paradise is 136th on a list of best yielding suburbs for rents in SA with a 4.24% return