Pacific Paradise

POSTAL CODE: QLD, 4564

HOUSE

Property investors have seen a 6.74% gain in PACIFIC PARADISE based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on PACIFIC PARADISE, 4564 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 10.61%.

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 $990,000

Profits averaged 10.67% 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 4.07%.

An average of 2.58 real estate transactions take place per month in PACIFIC PARADISE which translates to 31 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$990,000	N/A
Growth Report
Median Quarterly	6.74%	N/A
Median 12 month	10.61%	N/A
Median 3 years	32%	N/A
Median 5 years	76%	N/A
10 years average annual	9.31%	N/A
Weekly media advert. rent	$775	N/A
Time on Market	15.7 days	N/A
Gross Rental Yield Percent	4.07%	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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