QLD/
Surfers paradise

Suburb Profile

Surfers Paradise - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4217

house
unit

Property investors have seen a 0.93% gain in SURFERS PARADISE based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains SURFERS PARADISE, 4217 saw average growth in the long term.

The QLD suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,362,500

Profits averaged 6.55% per annum over a 3-year period, due to an upward trend in home prices in SURFERS PARADISE, 4217.

This means, real estate investors could earn a rental income of $700 based on current median home prices for the suburb.

The gross rental yield in SURFERS PARADISE, 4217 is 2.67%.

An average of 10.25 real estate transactions take place per month in SURFERS PARADISE which translates to 123 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,362,500 $380,000
GROWTH REPORT
Median Quarterly 0.93% 0%
Median 12 month 0.93% 2.7%
Median 3 years 19.65% 9.35%
Median 5 years 18.48% 7.04%
10 years average annual -0.14% -0.13%
Weekly media advert. rent $700 $380
Time on Market 101.7 days 95.2 days
Gross Rental Yield Percent 2.67% 5.2%
demographics (median values)
Total Population
18504
Weekly Household Income
916.3
Household Size
1.90
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