Paradise Point has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 12.74% to date .
The five-year average increase in median property values for Paradise Point,4216 has given property investors a potential capital gain of 16.64% across each of those five years.
Sellers are offering property buyers an average discount of -7.03% to buyers in Paradise Point at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 12.50 sales per month, which equates to 150 per year.
With the median price for a house in Paradise Point being $971000 and the advertised rent reaching $595 the gross rental yield for property investors calculates out to be 3.19%
Paradise Point, 4216 ranked 281th in QLD when comparing growth in median property values or capital gain over the last 12 months. Paradise Point is one of 2415 in our list for QLD
The five-year average increase in median property values for Paradise Point,4216 has given property investors a potential capital gain of 17.24% across each of those five years.
Property investors looking for a bargain in Paradise Point should be aiming for at least -7.72% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Paradise Point have been waiting around 91.814 days to sell a property.
Using the current median advertised rental of $447.5 and the average annual increase in value of a median property of 4.78%, investors should hope to achieve an overall return of 3.42%