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Investment Property Paradise Point, QLD, 4216

Suburb Snapshot

Paradise Point is a suburb in the Gold Coast Region of Queensland. Paradise Point has a population of 6,532 people and 25.24% of its occupants live in rental accommodation. The median listing price for houses is $2,497,000 and this has changed -13.75% over the past year and changed 21.80% over 2 years.

The median rent in Paradise Point for houses is $890 per week and the median rental yield is 1.85%. Stock on the market for houses/townhouses has changed 18.57% compared to last year and the average time to sell a house/townhouse is 142 days.The median listing price for units is $1,695,000 and this has changed 13.37% over the past year. The average unit takes 116 days to sell and the median rent for a unit in Paradise Point is $660 per week, producing a rental yield of 2.02%.

Supply & Demand in Paradise Point, Gold Coast

0.68%

Current vacancy rate


27

Rental stock available


6,532

Population


25.24%

Rental population


1.08%

Current vacancy rate


3,118

Rental stock available


555,721

Population


31.09%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Paradise Point, Gold Coast

  House Townhouses Units
Median listing price $2,497,000 $1,650,000 $1,695,000
Median price change - last quarter 0.50% 0.00% -0.77%
Median price change - 1 year -13.75% 11.86% 13.37%
Median price change - 2 years 21.80% 37.50% 27.92%
  House Townhouses Units
Median weekly rent $890 $695 $660
Median yield % 1.85% 2.19% 2.02%
Median rent change - 1 year -10.11% 15.83% 1.53%
  House Units
Previous month sales 2 6
Stock on market previous month 83 32
Stock variance vs. last year 18.57% 6.67%
Average days on market 142 116

Paradise Point investment property listings

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