QLD/
Surfers paradise

Suburb Profile

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

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unit

Property investors have seen a 2.75% 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 $1,400,000

Profits averaged 8.17% 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 $820 based on current median home prices for the suburb.

The gross rental yield in SURFERS PARADISE, 4217 is 3.05%.

An average of 9.08 real estate transactions take place per month in SURFERS PARADISE which translates to 109 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,400,000 $375,000
GROWTH REPORT
Median Quarterly 2.75% -1.32%
Median 12 month 3.7% -2.6%
Median 3 years 24.5% 10.29%
Median 5 years 23.35% 5.19%
10 years average annual -0.34% -0.44%
Weekly media advert. rent $820 $400
Time on Market 107.2 days 97.8 days
Gross Rental Yield Percent 3.05% 5.55%
demographics (median values)
Total Population
18504
Weekly Household Income
916.3
Household Size
1.90
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Surfers Paradise, QLD
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