Peachester is in the bottom 20% in QLD when comparing median price capital growth over the last year. Peachester gave property investors a dismal capital gain figure when compared to the rest of the state, with 1.45%.
Over the longer term, Peachester has seen property prices show investors a 20.69% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Peachester is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 299th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Peachester the average time real estate has been on the market is 89.16 days.
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Located 83km from the Brisbane CBD and about 35km from Caloundra, the suburb lies within the Sunshine Coast Hinterland.
Peachester is quite small having just 1,083 residents according to the 2006 ABS Census. However, it’s accessibility to the Sunshine Coast centres of Caloundra and to Brisbane makes it an attractive destination for professionals who are searching for lifestyle as well as connectivity to job markets.
Median house price has come a long way from $8,080 in September 1979, according to Residex figures. Its relatively affordable housing offering will certainly boost its appeal as lifestyle destination for the budget conscious buyers.