Median House Price
Median Unit Price
PRESTIGIOUS LUXURY LIVING, REDEFINED
Built on a point position fronting The Broadwater, the Gold Coast suburb of Paradise Point encompasses the upmarket Salacia Waters estate and the multimillion-dollar master-planned communities of Ephraim Island and Sovereign Islands.
The area attracts a vibrant mix of residents – from young families through to retirees – who are drawn to a range of housing built on a peaceful point position with no through traffic and endless opportunities for recreation in a stunning natural setting.
The Paradise Point Parklands are widely regarded as one of the Gold Coast’s most beautiful parks. Stroll, skate or cycle along The Esplanade or cool off in the lagoon enclosure. Kids flock to modern playgrounds and kick balls across spacious grassed areas. Grab a coffee or fish and chips for a picnic in the park or fire up one of the barbecues for some DIY alfresco dining.
Its position along The Broadwater makes Paradise Point a haven for boating and fishing with a wide choice of boat ramps and marinas making it all too easy to get out on the water with direct access to the Coomera River.
Paradise Point village is famed for its cafes and restaurants with alfresco seating opposite The Esplanade. A string of specialty shops also offer a handy range of retail, services and conveniences, negating the need to travel far for the basics. Runaway Bay Shopping Village and Harbour Town’s big brand outlet hub are both a short drive away.
Public and private schooling options within the suburb include Coombabah State School and High school and St. Francis Xavier Catholic School while there are several child care centres to choose from. Families also benefit from a short drive to the Gold Coast’s favourite theme parks, including Warner Bros. Movie World, Wet ‘n’ Wild and Dreamworld.
Sovereign Islands and Ephraim Island
The Sovereign Islands is a blue-chip waterfront location lined by luxurious multi-million dollar homes offering the ultimate waterfront lifestyle. Connected by bridge to Paradise Point, Sovereign’s six islands protected from the ocean by South Stradbroke Island.
A 24-hour security presence affords Sovereign Islands’ wealthy, high profile residents absolute privacy and protection to enjoy water sports, lush parklands and at-home leisure.
Positioned off the Coast just south of Sovereign Islands, Ephriam island is a stand-alone island with no through traffic making it a peaceful place to reside with uninterrupted water views.
Ephraim Island and the Sovereign Islands are south of Queensland’s capital Brisbane making it easy to access the city’s international airports while the Gold Coast’s beaches and conveniences are a short 25 minutes drive south.
In the 2016 census, Paradise Point had a population of 6,536 people.
Paradise Point was home to 1,937 families as at the 2016 census.
The median age of Paradise Point residents is 50 years.
The predominant age group in Paradise Point is 65-69 years.
In general, people in Paradise Point work in a managerial occupation.
In 2016, 84.8% of the private homes in Paradise Point were owner-occupied.
Realestate.com.au puts median property prices over the last year as ranging from $1,025,000 for houses to $617,500 for units.
Houses in Paradise Point rent for $500 per week with an annual rental yield of 2.5% and units rent for $455 per week with a rental yield of 3.8%.
Based on five years of sales, Paradise Point has seen a compound growth rate of -1.0% for houses and 3.5% for units.
Driving near home and away
Pacific Motorway: 20 minutes
Theme parks: 20 minutes
Runaway Bay Shopping Village: 10 minutes
Brisbane city: 60 minutes
Coolangatta International Airport: 60 minutes
Gold Coast University Hospital: 20 minutes
Surfers Paradise beaches: 25 minutes
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