Property investors who have had real estate in Pacific Pines, 4211 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.89%
While Pacific Pines,4211 ranked number 529th in QLD for increase in median house value (annualised) increase, it is ranked 436th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Pacific Pines is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 678th in terms of most discounted suburbs in QLD
With the median price for a house in Pacific Pines being $608250 and the advertised rent reaching $540 the gross rental yield for property investors calculates out to be 4.62%
Pacific Pines is an average performer in QLD when comparing median price capital growth over the last year. Pacific Pines gave property investors a average capital gain figure when compared to the rest of the state, with 8.70%.
While Pacific Pines,4211 ranked number 118th in QLD for increase in median house value (annualised) increase, it is ranked 134th over the last 5 years.
Vendor discounting in Pacific Pines is giving property investors an average Vendor Discount of around -2.86%. This puts suburb at number 231th in QLD when ranking the most discounted suburbs.
The QLD suburb of Pacific Pines, 4211 is in the Gold Coast (C) local government area.