SA/
Paradise

Suburb Profile

Paradise - FREE SUBURB PROFILE REPORT
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 5.9%.

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 $370 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 83.0 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 $516,000.

PARADISE ranks 271st on the list of best yielding suburbs for rental properties in SA, posting a 3.73% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $516,000 $352,500
GROWTH REPORT
Median Quarterly 1.18% 2.67%
Median 12 month 5.9% 8.46%
Median 3 years 21.27% 8.46%
Median 5 years 27.09% 15.57%
10 years average annual 5.19% 5.6%
Weekly media advert. rent $370 $290
Time on Market 83.0 days 48.8 days
Gross Rental Yield Percent 3.73% 4.28%
demographics (median values)
Total Population
6324
Weekly Household Income
894.7
Household Size
2.50
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