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Surfers Paradise
AREA REPORTS

Surfers Paradise

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

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unit

Property investors have seen a 0.67% gain in SURFERS PARADISE based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on SURFERS PARADISE, 4217 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 11.44%.

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 $1,510,000

Profits averaged 6.93% 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 2.41%.

An average of 12 real estate transactions take place per month in SURFERS PARADISE which translates to 144 per annum.

Data report can be found below

Surfers Paradise
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,510,000 $395,500
GROWTH REPORT
Median Quarterly 0.67% 1.41%
Median 12 month 11.44% 6.17%
Median 3 years 20.8% 4.91%
Median 5 years 25.83% 11.41%
10 years average annual 2.69% 0.39%
Weekly media advert. rent $700 $400
Time on Market 93.9 days 99.4 days
Gross Rental Yield Percent 2.41% 5.26%
demographics (median values)
Total Population
18504
Weekly Household Income
916.3
Household Size
1.90
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