If you compare the increase in value of investment property in Pacific Paradise, 4564 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 10.71%.
While Pacific Paradise,4564 ranked number 205th in QLD for increase in median house value (annualised) increase, it is ranked 101th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Pacific Paradise is offering property investors an average of -6.63. This rate of discount on properties puts Suburb at number 755th in terms of most discounted suburbs in QLD
Situated 94.24km from the CBD, Pacific Paradise is one of Sunshine Coast localities in the postcode 4564.
With a capital gain of 2.14% for the last 12 months, Pacific Paradise, 4564 has performed for property investments than its average annual 2.93% property growth over the last 5 years.
A 22.02% growth in median value for property investors in Pacific Paradise,4564 puts this suburb at number 88th in terms of best performing suburbs in QLD
The most recent median price for Pacific Paradise is $322750, with sellers offering an average of -2.18% off the asking price.
Pacific Paradise, 4564’s gross rental yield is 5.72%
As a part of the Maroochydore urban centre, Pacific Paradise is clearly benefiting from its neighbour’s abundance of amenitiesFull summary
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House growth cools
Median house price: $435,000
Three-year growth: 14.5%
Rental yield: 5.4%
As a part of the Maroochydore urban centre, Pacific Paradise is clearly benefiting from its neighbour’s abundance of amenities.
House prices in this suburb have been experiencing growth over the past five years, although this growth has slowed to just 1.8% in the 12 months leading up to November 2017. The median value is at $435,000, a reasonable price considering its location as part of the Sunshine Coast. Yields are also strong at an average of 5.4%.
Pacific Paradise sits on the banks of the Maroochy River, and is only 6km from the Maroochydore CBD. Thus, residents have access to a surf beach and a long stretch of parkland. The Sunshine Plaza shopping centre is close by, as is a major bus interchange of the Sunshine Coast.Close