Menangle Park Could Be The Next South Western Sydney Success Story
For buyers willing to gamble on an early-stage release in an unknown suburb, the rewards might just outweigh the risks. ...
Property investors have seen a 1.22% 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 $540,000
Profits averaged 5.38% 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 $485 based on current median home prices for the suburb.
The gross rental yield in PACIFIC PARADISE, 4564 is 4.67%.
An average of 3.17 real estate transactions take place per month in PACIFIC PARADISE which translates to 38 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||7.04%||N/A|
|Median 3 years||16.13%||N/A|
|Median 5 years||30.59%||N/A|
|10 years average annual||3.62%||N/A|
|Weekly media advert. rent||$485||N/A|
|Time on Market||32.4 days||N/A|
|Gross Rental Yield Percent||4.67%||N/A|