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Property investors have seen a 1.98% 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 $515,000
Profits averaged 7.06% 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 $480 based on current median home prices for the suburb.
The gross rental yield in PACIFIC PARADISE, 4564 is 4.85%.
An average of 2.33 real estate transactions take place per month in PACIFIC PARADISE which translates to 28 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $515,000 | $361,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.98% | -0.48% |
| Median 12 month | 4.89% | -3.09% |
| Median 3 years | 21.18% | 13.25% |
| Median 5 years | 28.75% | 26.67% |
| 10 years average annual | 2.96% | 4.44% |
| Weekly media advert. rent | $480 | $360 |
| Time on Market | 28.3 days | 0.0 days |
| Gross Rental Yield Percent | 4.85% | 5.19% |
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