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Paradise

POSTAL CODE: SA, 5075
HOUSE
UNIT

Property investments in PARADISE fare well against the rest of the country last year, registering a median home price increase of 11.11%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains PARADISE, 5075 saw average growth in the long term.

Real estate investors could earn a rental income of $650 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 48.6 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,000,000.

PARADISE ranks 223rd on the list of best yielding suburbs for rental properties in SA, posting a 3.38% return.

Surburb overview

Paradise is a vibrant suburb located approximately 11 kilometres northeast of Adelaide's central business district. It is part of the City of Campbelltown and is easily accessible via Lower North East Road and Darley Road. Public transportation is well-served by multiple bus routes and the nearby O-Bahn busway, providing a direct and fast connection to the Adelaide CBD.

Paradise has a population of around 6,500 residents, and the suburb features a mix of families, professionals, and retirees. The area offers a variety of housing options, from older character homes to more contemporary developments, catering to different lifestyle needs. The leafy streets and proximity to the River Torrens Linear Park contribute to the suburb’s appeal as a peaceful and attractive place to live.

Residents of Paradise enjoy easy access to essential services. The Newton Village Shopping Centre and nearby Campbelltown Shopping Centre provide a range of grocery stores, retail outlets, and dining options. Healthcare is well-catered for, with the Campbelltown Medical and Dental Centre nearby and the Modbury Hospital just a short drive away.

Recreational opportunities abound in Paradise, with the River Torrens Linear Park offering walking and cycling trails along the river, providing a scenic environment for outdoor activities. Thorndon Park, a popular local spot, features picnic areas, walking paths, and playgrounds, making it a great destination for families and those looking to relax outdoors. The Paradise Recreation Plaza also provides facilities for sports, including a skate park and basketball courts.

Families in Paradise benefit from access to several educational institutions, including Paradise Primary School and Charles Campbell College, both of which are nearby. The suburb’s blend of suburban charm, green spaces, and convenient access to services and transportation makes Paradise a highly desirable location for a variety of residents seeking a balanced lifestyle close to the city.

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