Suburb Profile Report for Paradise Point QLD (4216)

Paradise Point House: Median price $1,182,500, Annual capital growth 4.55%, Number of sales 231, Weekly median advertised rent $550

Paradise Point Unit: Median price $850,000, Annual capital growth 4.98%, Number of sales 125, Weekly median advertised rent $443

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

With a capital gain of 6.53% for the last 12 months, Paradise Point, 4216 has performed for property investments than its average annual 4.55% property growth over the last 5 years.

The five-year average increase in median property values for Paradise Point,4216 has given property investors a potential capital gain of 23.18% across each of those five years.

Sellers are offering property buyers an average discount of -4.24% to buyers in Paradise Point at the moment, which is less than average for the rest of QLD.

With a capital gain of 3.03% for the last 12 months, Paradise Point, 4216 has performed for property investments than its average annual 4.98% property growth over the last 5 years.

Across a shorter period, Paradise Point, 4216 has seen a median price increase of 3.03% over the last quarter.

Paradise Point4216 is located in QLD which offers an average discount of -4.64% to property investors. Paradise Point itself is showing figures that indicate -4.94% is the average achievable by property buyers investing in the suburb.

At number 1124 in a list of fastest selling suburbs, Paradise Point is in the bottom 30% of suburbs in Australia with an average of days on market 77.2439 for properties listed there.

Situated 58.85km from the CBD, Paradise Point is one of Gold Coast (C) localities in the postcode 4216.

Metrics i HOUSE UNIT
$1,182,500 $850,000
10.00% 3.03%
6.53% 3.03%
4.55% 4.98%
$550 $443
231 125
2.42% 2.71%
72.1742424242424 77.2439024390244

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 5929
Median household income ($/weekly) 1163
Median age of persons 47
Median housing loan repayment ($/monthly) 2297
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 567 9.6
    35-44 years 831 14.0
    45-54 years 880 14.8
    55-64 years 1040 17.5
    65-74 years 735 12.4
    Others 1877 31.7
    Age Group
    Census Count Percent(%)
    Registered Married 2472 53.5
    Not Married 1676 36.3
    Defacto Relationship 470 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3853 69.9
    Papua New Guinea 457 8.3
    South Africa 90 1.6
    United Kingdom 506 9.2
    Other 210 3.8
    Others 399 7.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 86 1.6
    Christianity 4137 77.2
    Islam 41 0.8
    Judaism 22 0.4
    No Religion 1049 19.6
    Others 26 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 227 10.4
    $600-$799 197 9.0
    $800-$999 212 9.7
    $1,500-$1,999 215 9.9
    $2,500-$2,999 194 8.9
    Others 1132 52.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1887 39.6
    Employed, worked full-time 1654 34.7
    Employed, worked part-time 900 18.9
    Employed, away from work 167 3.5
    Unemployed, looking for work 162 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 559 20.6
    Professionals 487 17.9
    Technicians & trades workers 344 12.6
    Clerical & administrative workers 410 15.1
    Sales 341 12.5
    Others 579 21.3
    Occupation
    Census Count Percent(%)
    Pre-school 59 6.1
    Infants/Primary 359 36.8
    Secondary 282 28.9
    Technical or Further Educational Institution 76 7.8
    University or other Tertiary Institutions 153 15.7
    Others 46 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3536 63.4
    Semi-detached, row or terrace house, townhouse 1262 22.6
    Flat, unit or apartment 770 13.8
    House or flat attached to a shop, office 8 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 849 35.5
    Rented 842 35.2
    Being purchased 688 28.8
    Other tenure type 14 0.6
    Tenure Type
Census 2011, ABS
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