With a capital gain of 3.70% for the last 12 months, Surfers Paradise, 4217 has performed for property investments than its average annual -0.34% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Surfers Paradise has given property investors a paper return of 2.75%. This puts Suburb as 163 on a list of fastest fasting appreciating suburbs in QLD
The most recent median price for Surfers Paradise is $1400000, with sellers offering an average of -10.68% off the asking price.
With the median price for a house in Surfers Paradise being $1400000 and the advertised rent reaching $820 the gross rental yield for property investors calculates out to be 3.05%
Over the last year, property investments in Surfers Paradise, 4217 have given investors a capital gain of -2.60%. This compares badly with the 0.66% for QLD as a whole.
Surfers Paradise,4217 has offered an average of -2.60% return per annum in house price rises to property investors over the last three years.
At number 79th of QLD’s most discounted properties, Surfers Paradise is in the bottom 30% of the state/territory when listing in order of most discounted to least.
The QLD suburb of Surfers Paradise, 4217 is in the Gold Coast local government area.