Suburb Profile
Surfers Paradise - FREE SUBURB PROFILE REPORT POSTAL CODE: QLD,4217
Property investors have seen a -3.57% drop in SURFERS PARADISE based on a decrease 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 $1,350,000
Profits averaged 4.17% 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 $765 based on current median home prices for the suburb.
The gross rental yield in SURFERS PARADISE, 4217 is 2.95%.
An average of 9.25 real estate transactions take place per month in SURFERS PARADISE which translates to 111 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,350,000 | $380,000 |
| GROWTH REPORT | ||
| Median Quarterly | -3.57% | 0% |
| Median 12 month | -1.82% | 0% |
| Median 3 years | 12.5% | 11.76% |
| Median 5 years | 22.73% | 8.57% |
| 10 years average annual | -0.36% | -0.4% |
| Weekly media advert. rent | $765 | $395 |
| Time on Market | 102.5 days | 96.8 days |
| Gross Rental Yield Percent | 2.95% | 5.41% |
Capital Gains Tax (CGT) Calculator
Latest Hotspots
mortgage calculators
Latest Comments
As a homebuyer, it is natural that you...
A tough one, removing a mechanism which...
Great article!