Property investors have seen a 2.2% 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 10.71%.
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 $465,000
Profits averaged 5.42% 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 $425 based on current median home prices for the suburb.
The gross rental yield in PACIFIC PARADISE, 4564 is 4.75%.
An average of 2.92 real estate transactions take place per month in PACIFIC PARADISE which translates to 35 per annum.
Property investments in PACIFIC PARADISE did not fare well against the rest of the country last year, registering a median home price decrease of 2.14%.
Figures from the previous quarter show that capital gains for real estate buyers in PACIFIC PARADISE are low, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $355 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In PACIFIC PARADISE, homes and units usually stay on listing for an average of 56.4 days.
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 $322,750
Investors saw the median home price rise to $322,750.
PACIFIC PARADISE ranks 121st on the list of best yielding suburbs for rental properties in QLD, posting a 5.72% return.
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