Paradise Point is a mid-sized suburb in Queensland within the Gold Coast local government area (postcode 4216). With a population of 7,062, the suburb has a mature demographic with a median age of 53. Households earn a median income of $88K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Paradise Point is $1.6 million, having increased 4% over the past year. Units have a median price of $1.3 million (+21.2% YoY). The current median weekly rent is $950. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,253.
Public transport access includes 16 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Paradise Point offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are above the state median ($1.6M/$1.1M), placing it in the premium segment. The price-to-income ratio of 17.9x is considered stretched. House prices have moved +4.0% year-on-year.
Paradise Point is a mid-sized suburb in Queensland within the Gold Coast local government area (postcode 4216). With a population of 7,062, the suburb has a mature demographic with a median age of 53. Households earn a median income of $88K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Paradise Point is $1.6 million, having increased 4% over the past year. Units have a median price of $1.3 million (+21.2% YoY). The current median weekly rent is $950. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,253.
Public transport access includes 16 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Paradise Point offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are above the state median ($1.6M/$1.1M), placing it in the premium segment. The price-to-income ratio of 17.9x is considered stretched. House prices have moved +4.0% year-on-year.