QLD/
Surfers paradise

Suburb Profile

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

house
unit

Property investors have seen a 0% 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 $1,350,000

Profits averaged 5.8% 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 $650 based on current median home prices for the suburb.

The gross rental yield in SURFERS PARADISE, 4217 is 2.5%.

An average of 11.5 real estate transactions take place per month in SURFERS PARADISE which translates to 138 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,350,000 $378,000
GROWTH REPORT
Median Quarterly 0% -0.53%
Median 12 month 3.85% 4.28%
Median 3 years 17.39% 6.86%
Median 5 years 8% 6.48%
10 years average annual -0.38% -0.18%
Weekly media advert. rent $650 $380
Time on Market 102.4 days 89.8 days
Gross Rental Yield Percent 2.5% 5.23%
demographics (median values)
Total Population
18504
Weekly Household Income
916.3
Household Size
1.90
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