Surfers Paradise snapshot
- Median price: $1,245,417
- Median weekly rent: $1,006/wk
- Population: 26,414
- Days on market: 41 days
How Surfers Paradise stacks up
- Rental Yield: Moderate
- Capital Growth: Strong
- Vacancy: High
About Surfers Paradise
Surfers Paradise is a vibrant suburb located in Queensland, known for its stunning beaches and lively atmosphere. With a median property price of over $1.2 million, the area attracts both local and international investors looking for premium coastal real estate. The suburb boasts a strong capital growth band, indicating a robust market that can provide significant returns for property investors.
The rental market in Surfers Paradise is characterised by a high rental vacancy band, which suggests a competitive environment for tenants. With a median weekly rent of $1,006, investors can expect moderate rental yields. The typical days on market for properties in the area is around 41 days, reflecting a steady demand for housing in this popular destination.
Frequently asked questions
What is the median property price in Surfers Paradise?
The median property price is $1,245,417.
How much can I expect to earn in rent?
The median weekly rent is $1,006.
What is the population of Surfers Paradise?
The suburb has a population of 26,414.
How long do properties typically stay on the market?
Properties typically stay on the market for around 41 days.
What is the capital growth outlook for Surfers Paradise?
The suburb has a strong capital growth band.