Pacific Paradise

POSTAL CODE: QLD, 4564

HOUSE

Property investors have seen a 0.83% gain in PACIFIC PARADISE based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains PACIFIC PARADISE, 4564 saw average growth in the long term.

The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $915,000

Profits averaged 5% per annum over a 3-year period, due to an upward trend in home prices in PACIFIC PARADISE, 4564.

This means, real estate investors could earn a rental income of $775 based on current median home prices for the suburb.

The gross rental yield in PACIFIC PARADISE, 4564 is 4.4%.

An average of 2.25 real estate transactions take place per month in PACIFIC PARADISE which translates to 27 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$915,000	N/A
Growth Report
Median Quarterly	0.83%	N/A
Median 12 month	2.23%	N/A
Median 3 years	15.46%	N/A
Median 5 years	71.51%	N/A
10 years average annual	9.02%	N/A
Weekly media advert. rent	$775	N/A
Time on Market	25.7 days	N/A
Gross Rental Yield Percent	4.4%	N/A

Demographics (Median Values)*

Total Population 2153

Weekly Household Income 796.3

Household Size 2.50

Average Age 34

Monthly Loan Repayment 1213

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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