Property value increases in Peachester have tracked lower than the QLD average of 2.81% over the last 12 months.
While Peachester,4519 ranked number 839th in QLD for increase in median house value (annualised) increase, it is ranked 415th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Peachester is offering property investors an average of -6.74. This rate of discount on properties puts Suburb at number 408th in terms of most discounted suburbs in QLD
Located 83km from the Brisbane CBD and about 35km from Caloundra, the suburb lies within the Sunshine Coast Hinterland.Full summary
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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.