Paradise, 5075 ranked 149th in SA when comparing growth in median property values or capital gain over the last 12 months. Paradise is one of 853 in our list for SA
Comparing Paradise,5075 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Paradise5075 is located in SA which offers an average discount of -6.17% to property investors. Paradise itself is showing figures that indicate -5.48% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $370 weekly from the median priced house in this suburb.
SA has seen average median house prices change by 3.21% which means that Paradise, 5075 has done well for property investors by showing a capital gain of 17.81% over the last year
A 24.01% growth in median value for property investors in Paradise,5075 puts this suburb at number 37th in terms of best performing suburbs 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 -3.04% is being offered, which puts this SA suburb at 1264th most discounted overall in Australia.
At number 244 in a list of fastest selling suburbs, Paradise is in the TOP 20% of suburbs in Australia with an average of days on market 46.26 for properties listed there.
Property investors should expect to get $287.5 weekly from the median priced house in this suburb.
Home to the Thorndon Park Reserve that may contribute to its name, Paradise certainly seems to be just that for many interested buyers.Full summary
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Riverside suburb lives up to its moniker
Median unit price: $335,000
Three-year growth: 3.08%
Rental yield: 4.50%
Home to the Thorndon Park Reserve that may contribute to its name, Paradise certainly seems to be just that for many interested buyers.
Apartments in this suburb are reasonably priced, with a median value of $335,000. Despite slower growth over recent years, its growth has peaked at over 18% in the past 12 months, even though it stumbled slightly over the March 2017 quarter. The average annual growth rate remains high at nearly 7%, which may suggest Paradise’s ability to hold on through an expected decline in South Australia.
Paradise is bounded in the north by the River Torrens, and while the suburb is primarily residential at present, it provides the advantages of having schools nearby, including several primary and secondary institutions. Buses can also bring commuters to Adelaide in under an hour.Close