||Sold 142 Units
Surfers Paradise is world renowned for it’s wonderful beaches, with golden sand and welcoming atmosphere. The are plenty of eating out and shopping options around Cavill Mall and nightlife to boast. Paradise Waters, Cronin Island, Chevron Island and Isle of Capri are the surrounding parts of the suburb that provide a quieter, beautiful alternative to the hustle and bustle.
Leburn & Associates is situated in the heart of Main Beach on Tedder Avenue, right next to Hard Coffee.
Surfers Paradise Statistics
Property investments in SURFERS PARADISE fare well against the rest of the country last year, registering a median home price increase of -1.99%.
Figures from the previous quarter show that capital gains for real estate buyers in SURFERS PARADISE are low, as opposed to average gains per annum over the past five years.
Based on its average 5-year and quarterly capital gains SURFERS PARADISE, 4217 saw average growth in the long term.
This means, real estate investors could earn a rental income of $410 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In SURFERS PARADISE, homes and units usually stay on listing for an average of 106.1 days.
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 $370,000
Investors saw the median home price rise to $370,000.
SURFERS PARADISE ranks 152nd on the list of best yielding suburbs for rental properties in QLD, posting a 5.76% return.
Whilst all care has been taken, information conveyed from third parties & changed circumstances may alter accuracy.