Vacancy rates hold steady
Vacancy rates have come to a standstill in some areas, remaining at 2.2 per cent nationwide. ...
Property investors have seen a 2.02% 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 $505,000
Profits averaged 6.27% 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 $465 based on current median home prices for the suburb.
The gross rental yield in PACIFIC PARADISE, 4564 is 4.79%.
An average of 2.58 real estate transactions take place per month in PACIFIC PARADISE which translates to 31 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $505,000 | $364,500 |
| GROWTH REPORT | ||
| Median Quarterly | 2.02% | 0.97% |
| Median 12 month | 4.12% | -1.09% |
| Median 3 years | 18.82% | 16.08% |
| Median 5 years | 26.25% | 29.48% |
| 10 years average annual | 3.28% | 4.31% |
| Weekly media advert. rent | $465 | $355 |
| Time on Market | 28.8 days | 0.0 days |
| Gross Rental Yield Percent | 4.79% | 5.06% |
Vacancy rates have come to a standstill in some areas, remaining at 2.2 per cent nationwide. ...
Online marketplace Grays is launching itself into the real estate and property market with the sale of land plots in Western Australia’s K...
As in most parts of the world, the COVID-19 pandemic has seen vast implications for the Australian real estate. How will the NSW capital’s...
New research has identified the top 10 areas recording the greatest change in dwelling market values from 31 March to 31 May. ...
Keen buyers are urged to be cautious before jumping in to the First Home Loan Deposit Scheme. ...
The latter half of the year is set to see less than desirable conditions in some cities, despite outlook being stronger than it was a few w...
Get notifications in real-time for staying up to date with content that matters to you.
Subscribe to our newsletter
