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AREA REPORTS

Surfers Paradise

Suburb Profile

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

house
unit

Property investors have seen a -0.29% 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 $1,183,000

Profits averaged -1.14% per annum over a 3-year period, due to an downward trend in home prices in SURFERS PARADISE, 4217.

This means, real estate investors could earn a rental income of $680 based on current median home prices for the suburb.

The gross rental yield in SURFERS PARADISE, 4217 is 2.99%.

An average of 10.33 real estate transactions take place per month in SURFERS PARADISE which translates to 124 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,183,000 $375,000
GROWTH REPORT
Median Quarterly -0.29% 1.35%
Median 12 month -5.36% -1.32%
Median 3 years -3.43% 5.63%
Median 5 years 1.98% 5.63%
10 years average annual -2.98% -0.55%
Weekly media advert. rent $680 $400
Time on Market 90.6 days 90.5 days
Gross Rental Yield Percent 2.99% 5.55%
demographics (median values)
Total Population
18504
Weekly Household Income
916.3
Household Size
1.90
demographics
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