Paradise Beach
VIC, 3851
-
Wellington
Thinking about buying in Paradise Beach? Now could not be a better time, with 1140 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $259,000 with prices in this suburb ranging from $46,000 to $1,017,000. Paradise Beach is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
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| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Paradise Beach Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Paradise Beach driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Paradise Beach due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Paradise Beach changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Paradise Beach to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Paradise Beach the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Properties for sale Paradise Beach
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30 FIRST ST, PARADISE BEACH, VIC, 3851 |  |
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$125,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Paradise Beach there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Paradise Beach weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.0 | 13.8 | 26.9 | 41.6 | 92.3 | 4.7 | 24.2 |
| Feb | 2.0 | 14.1 | 25.9 | 48.1 | 94.2 | 4.6 | 20.4 |
| Mar | 1.4 | 12.3 | 24.1 | 47.7 | 94.1 | 4.2 | 16.0 |
| Apr | 1.4 | 9.3 | 20.7 | 51.1 | 95.7 | 3.7 | 12.3 |
| May | 1.3 | 6.1 | 17.7 | 53.1 | 94.6 | 3.9 | 8.8 |
| Jun | 1.6 | 3.8 | 14.6 | 61.6 | 96.8 | 3.7 | 7.7 |
| Jul | 1.3 | 3.8 | 14.6 | 55.1 | 94.9 | 4.3 | 8.0 |
| Aug | 1.5 | 4.3 | 15.3 | 52.7 | 95.1 | 4.5 | 10.5 |
| Sept | 1.3 | 5.4 | 18.2 | 46.5 | 95.7 | 4.6 | 14.8 |
| Oct | 1.6 | 7.7 | 19.6 | 46.6 | 94.3 | 4.7 | 20.2 |
| Nov | 2.2 | 10.2 | 22.1 | 45.4 | 93.9 | 4.9 | 22.8 |
| Dec | 1.6 | 12.2 | 25.1 | 42.4 | 92.3 | 5.0 | 25.8 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Sale - Greater then 10KM
General Points of Interest
sunken ship - Less than 10 KM
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