Investment property in Pacific Paradise has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.97%
Comparing Pacific Paradise,4564 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Pacific Paradise are currently offering property investors an average price cut of -1.77% below the asking price at the moment.
Residents and property investors in Pacific Paradise have been waiting around 26.8214 days to sell a property.
Pacific Paradise is 367th on a list of best yielding suburbs for rents in QLD with a 4.61% return
The five-year average increase in median property values for Pacific Paradise,4564 has given property investors a potential capital gain of 31.36% across each of those five years.
Information supplied by:
House growth cools
Median house price: $435,000
Three-year growth: 14.5%
Rental yield: 5.4%
As a part of the Maroochydore urban centre, Pacific Paradise is clearly benefiting from its neighbour’s abundance of amenities.
House prices in this suburb have been experiencing growth over the past five years, although this growth has slowed to just 1.8% in the 12 months leading up to November 2017. The median value is at $435,000, a reasonable price considering its location as part of the Sunshine Coast. Yields are also strong at an average of 5.4%.
Pacific Paradise sits on the banks of the Maroochy River, and is only 6km from the Maroochydore CBD. Thus, residents have access to a surf beach and a long stretch of parkland. The Sunshine Plaza shopping centre is close by, as is a major bus interchange of the Sunshine Coast.