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Pacific ParadisePacific Paradise - SUBURB PROFILE REPORT
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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.
| 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% |
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