With a capital gain of 9.17% for the last 12 months, Peachester, 4519 has performed for property investments than its average annual 3.14% property growth over the last 5 years.
Comparing Peachester,4519 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.
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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.