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Pacific Paradise
AREA REPORTS

Pacific Paradise

Pacific Paradise - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4564

house
unit

Property investors have seen a 9.25% 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 29.16%.

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 $691,000

Profits averaged 15.16% 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 $565 based on current median home prices for the suburb.

The gross rental yield in PACIFIC PARADISE, 4564 is 4.25%.

An average of 4.17 real estate transactions take place per month in PACIFIC PARADISE which translates to 50 per annum.

Data report can be found below

Pacific Paradise
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $691,000 $507,500
GROWTH REPORT
Median Quarterly 9.25% 0.5%
Median 12 month 29.16% N/A
Median 3 years 45.47% 37.16%
Median 5 years 61.64% 62.66%
10 years average annual 7.95% 4.95%
Weekly media advert. rent $565 $415
Time on Market 17.7 days 18.4 days
Gross Rental Yield Percent 4.25% 4.25%
demographics (median values)*
Total Population
2153
Weekly Household Income
796.3
Household Size
2.50
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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