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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$1,772,500Past 3 months

Property growth+9.6%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
$1.79M$1.75M
Change in value
Past 12 months
5.7%13.5%
Sold
Past 3 months
4345
Median days on market
Past 12 months
7042
Average rent
Past 12 months
$1150$850
Change in rent
Past 12 months
26.4%13.3%

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.

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 79.5% higher than Coombabah’s.
  • Median unit prices: Paradise Point’s median unit price is 121.5% higher than Coombabah’s.
  • House price growth: Over the past 12 months, house prices in Paradise Point have grown 0.5% higher than in Hollywell.
  • Unit price growth: Over the past 12 months, unit prices in Paradise Point have grown 34.5% higher than in Hollywell.
  • Selling speed for houses: Properties in nearby Coombabah are selling 75.7% faster than in Paradise Point.
  • Selling speed for units: Properties in Paradise Point are selling 6.7% faster than in Hollywell.

Choose the right real estate agents in Paradise Point

There are 88 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 28.1% 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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