Paradise Point Property Market Data 2019

Paradise Point lies on the Gold Coast Broadwater with direct access to the Coomera River. The area is protected by South Stradbroke Island which lies off the coast. With access to two major water ways it is no surprise that several boat ramps and marinas have been built.

Two developments, built out into the local waters, are only accessible from Paradise Point. Sovereign Islands is a canal-style development at the northern point off Paradise Point, accessible by the bridge and road named the Sovereign Mile. Ephraim Island is situated at the southern end, a secure Island development joined to Paradise Point by bridge via Falkinder Avenue.

Paradise Point is a fairly upmarket suburb, with many properties worth millions of dollars. A 2014 property survey revealed King Charles Drive on the Sovereign Islands as having the fourth highest number of million-dollar houses in Queensland.

Phil Hill Park in Paradise Point, on the Gold Coast. A wonderful place to spend the morning with park facilities, boat ramps, and a netted swimming bay for peace of mind. All nestled in one of the most scenic parts of the Gold Coast.

Paradise Point Village boasts a café and restaurant lined boulevard that is frequented by the nearby residents of Ephraim and Sovereign Islands. The additional convenience of a post office, a news agent and a medical centre completes the picture.

The Paradise Point Parklands are the perfect location for a stroll, picnic, fun in the playground or to simply relax overlooking the water. The amazing views make this one of the most beautiful parks on the Gold Coast. The winding walkway through the Parklands provides a great way to start exploring the many features on offer.

The Parklands have recently been upgraded with new public amenities, barbecue facilities and picnic shelters. Pack a picnic, throw a snag on the barbie, or if you really want to relax, there are many coffee shops or fish and chip stores located right along the Esplanade.

The kids will be entertained for hours with the large playground area. The playground features and activities are very unique, and are sure to keep the kids enthralled. Climbing, slides, swings, all the traditional favourites, as well as many new activities and play spaces.

There are also open grassed areas, perfect for a game of cricket with the kids, or a kick of the footy. The park benches overlooking the beautiful Broadwater provide a majestic view, and a romantic spot to enjoy with your loved one.

(Information from Wikipedia (Paradise Point), goldcoast.qld.gov.au and destinationgoldcoast.com 6th November, 2019)

Playground and enclosed public swimming area on Phil Hill Island. A lovely quiet spot to spend the afternoon with family.

MARKET STATISTICS

The level of competition in a suburb can affect prices and availability

Supply and Demand in Paradise Point

• 332 – Visits per property in Paradise Point (average)
• 402 – Visits per property in Queensland (average)

Median House Prices

• Buy – $1,155,000 (Price data last updated 31st October, 2019)
• Rent – $513 PW (Rent data last updated 6th November, 2019)

Median Unit Prices

• Buy – $480,000 (Price data last updated 31st October, 2019)
• Rent – $513 PW (Rent data last updated 6th November, 2019)

Lifestyles and Demographics of Paradise Point

The lifestyle of a suburb is often influenced by who lives there.

• 16.4% Older Couples & Families
• 16.1% Elderly Couples
• 14.7% Elderly Singles
• 11.8% Maturing & Established Independence
• 11.1% Established Couples & Families
• 9.8% Older Independence
• 9.5% Independent Youth
• 7.3% Maturing Couples & Families
• 2.4% Elderly Families
• 1.0% Young Families

(Information from realestate.com.au 7th November, 2019)

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