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Paradise Point suburb profile

Paradise Point is a picturesque suburb located on the northern Gold Coast, renowned for its idyllic waterfront lifestyle and relaxed atmosphere. Nestled along the Broadwater, it offers stunning views, sandy beaches, and a vibrant village atmosphere. The suburb is popular among families, retirees, and boating enthusiasts, thanks to its extensive parklands, walking trails, and marina facilities. Paradise Point's charming esplanade is lined with cafes, restaurants, and boutique shops, creating a lively community hub. With its blend of natural beauty and modern amenities, Paradise Point is a sought-after destination for those seeking a serene coastal lifestyle.

Paradise Point property market performance

Current median dwelling price$1,712,500Past 3 months

Property growth+7.8%Past 12 months

Paradise Point’s property market has shown positive growth over the past 12 months, with house values increasing by 4.7% and unit values rising significantly by 11%. The median house price over the past three months has averaged $1.83 million, while units have averaged $1.6 million, indicating strong demand in the unit sector.

Sales activity has been robust, with 51 houses and 38 units sold in the past 12 months. Houses are taking longer to sell, with a median of 66 days on the market, compared to 46 days for units, suggesting a quicker turnover in the unit market.

The rental market in Paradise Point has seen notable increases, with house rents rising by 19.6% and unit rents by 6.5% over the last 12 months, reflecting a strong demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$1.82M$1.60M
Change in value
Past 12 months
4.7%11.0%
Sold
Past 3 months
5138
Median days on market
Past 12 months
6646
Average rent
Past 12 months
$1100$823
Change in rent
Past 12 months
19.6%6.5%

5 year median price trend for houses and units

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Paradise Point demographics

Paradise Point, located on the northern end of the Gold Coast, is a picturesque suburb known for its tranquil waterside living and community-oriented atmosphere. With a population of 7,062, the suburb is characterized by a mature demographic, reflected in its median age of 53. This makes it an attractive location for retirees and those seeking a peaceful lifestyle away from the hustle and bustle of city life.

The suburb's housing landscape is predominantly owner-occupied, with 44.3% of properties owned outright and 29.6% owned with a mortgage. This high level of home ownership indicates a stable community with long-term residents who value the serene environment and the sense of security that Paradise Point offers. The rental market, comprising 26.1% of properties, provides options for those who prefer flexibility or are new to the area.

Family structures in Paradise Point are diverse, with 31.3% of households being couple families with children and 55.2% being couple families without children. The presence of one-parent families, making up 12.6% of the community, adds to the suburb's inclusive nature. The median total household income of $1,688 per week suggests a comfortable standard of living, supported by the suburb's amenities and proximity to the Gold Coast's attractions. Paradise Point's blend of natural beauty, community spirit, and convenient location makes it a desirable place for families and retirees alike.

Paradise Point infrastructure, key developments and investment opportunities

Paradise Point continues to benefit from its proximity to master-planned waterfront communities such as Sovereign and Ephraim Islands and Salacia Waters, which reinforce the suburb’s prestige appeal and support high-end buyer demand.[2] Ongoing activation of the Broadwater foreshore, including established parks, walking and cycling paths, and waterfront dining along the esplanade, enhances lifestyle amenity and walkability, factors that typically underpin both owner-occupier interest and holiday-home demand in the area.[2]

Good access to nearby schools and major shopping centres in surrounding suburbs, together with convenient marina and boat ramp facilities, continues to position Paradise Point as a desirable base for families and boating enthusiasts.[2] There are no widely reported new large-scale infrastructure or transport projects specific to Paradise Point at this time, so property performance is likely to remain driven by its established waterfront character, local amenities, and the broader prestige market on the northern Gold Coast.[2]

Paradise Point rental market trends

The rental market in Paradise Point has experienced significant growth, with house rents increasing by 19.6% over the past year to $1,100 per week, while unit rents have risen 6.5% to $823 per week. This coastal suburb continues to attract renters and investors alike, offering a desirable lifestyle with strong rental demand and potential for future growth.

Suburbs near Paradise Point

Some popular suburbs near Paradise Point include:

How does Paradise Point compare to nearby suburbs?

  • Median house prices: Paradise Point’s median house price is 79.8% higher than Coombabah’s.
  • Median unit prices: Paradise Point’s median unit price is 104.5% higher than Coombabah’s.
  • House price growth: Over the past 12 months, house prices in Paradise Point have grown 1.8% higher than in Hollywell.
  • Unit price growth: Over the past 12 months, unit prices in Paradise Point have grown 11.7% higher than in Hollywell.
  • Selling speed for houses: Properties in nearby Coombabah are selling 75.8% faster than in Paradise Point.
  • Selling speed for units: Properties in Paradise Point are selling 9.8% faster than in Hope Island.

Common questions about Paradise Point

  • Is Paradise Point a nice place to live?

    Paradise Point is a delightful suburb that offers a serene and picturesque lifestyle, making it a wonderful place to call home. Known for its tranquil waterside living, this charming suburb is perfect for those who appreciate a relaxed and community-oriented atmosphere. The suburb's vibrant village vibe is enhanced by its beautiful esplanade, lined with cafes, restaurants, and boutique shops, providing residents with plenty of options for dining and leisure. Families will find Paradise Point particularly appealing, thanks to its extensive parklands and walking trails that offer ample opportunities for outdoor activities and quality family time.

    Safety and a strong sense of community are key features of Paradise Point, making it an attractive choice for families and retirees alike. The suburb's proximity to major shopping centres and schools in surrounding areas ensures that residents have easy access to essential amenities. While Paradise Point offers a peaceful lifestyle away from the hustle and bustle of city life, it does come with some trade-offs. The lack of large-scale infrastructure projects means that residents may need to travel to nearby suburbs for certain services and entertainment options. However, the suburb's established waterfront character and local amenities continue to attract those seeking a prestigious coastal lifestyle.

    For families, Paradise Point provides a safe and nurturing environment with a variety of housing options, from owner-occupied homes to rental properties. The suburb's community spirit and natural beauty make it a desirable location for those looking to enjoy a comfortable and serene lifestyle. While it may not have the nightlife of more urban areas, the peaceful ambiance and close-knit community more than compensate for this, offering a unique and fulfilling living experience.

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  • Is it expensive to live in Paradise Point?

    Living in Paradise Point can be quite costly, especially when it comes to housing. The current median house price is a hefty $1,825,000, while units aren't much cheaper at $1,600,000. If you're thinking of renting, the average rent for houses is $1,100 per week, and for units, it's $823 per week. These figures highlight that housing in Paradise Point is on the expensive side, particularly when compared to the average full-time adult weekly wage in Queensland, which is around $1,780.

    When you look at the median total household income in Paradise Point, which is approximately $1,688 per week, there's a noticeable gap between local earnings and the cost of housing. This disparity suggests that a significant portion of household income would need to be allocated towards housing costs, making it challenging for those on average wages to comfortably afford living in this picturesque suburb. While Paradise Point offers a beautiful lifestyle with its waterfront views and relaxed atmosphere, it's important to consider these financial aspects before making the move.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Paradise Point a good place to invest?

    Paradise Point is shaping up to be an attractive spot for property investors, especially given its recent performance in the real estate market. Over the past year, the suburb has seen a notable increase in property values, with median house values rising by 4.7% and unit values jumping by an impressive 11.0%. This upward trend indicates a strong demand for properties in the area, which is always a good sign for potential investors.

    In addition to property value growth, rental returns in Paradise Point have also been on the rise. House rents have surged by 19.6% over the last year, suggesting a high demand for rental properties, which can provide a steady income stream for investors. Although the increase in unit rents is more modest at 6.5%, it still reflects a healthy rental market. This combination of rising property values and rental income potential makes Paradise Point a promising option for those looking to invest in real estate.

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Choose the right real estate agents in Paradise Point

There are 85 real estate agents in Paradise Point, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 27.6% of all sales in the past year.

Commission rates in Paradise Point typically range from 2% to 2.94%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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