Thinking about buying in Pacific Heights? Now could not be a better time, with 625 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $658,000 with prices in this suburb ranging from $145,000 to $1,869,000. Pacific Heights is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. 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 Pacific Heights due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Pacific Heights classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Pacific Heights requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
13 PRIORS PKT, PACIFIC HEIGHTS, QLD, 4703 | 4 | 2 | 2 | Offers Over $649,000 Considered | |
14 COOK AV, PACIFIC HEIGHTS, QLD, 4703 | $249,000 | ||||
10 PACIFIC DR, PACIFIC HEIGHTS, QLD, 4703 | 4 | 2 | 2 | Offers Over $869,000 Considered |
St Benedict's Catholic Primary School
St Brendan's College
Farnborough State School
(While the above schools are located with the suburb of Pacific Heights there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 3.2 | 24.2 | 29.2 | 65.0 | 88.0 | 5.9 | 24.4 |
Feb | 7.5 | 23.4 | 29.0 | 63.7 | 91.1 | 5.4 | 22.5 |
Mar | 11.0 | 22.8 | 28.3 | 66.1 | 91.9 | 5.2 | 19 |
Apr | 2.6 | 20.1 | 26.8 | 62.8 | 91.0 | 4.5 | 18.5 |
May | 1.9 | 16.0 | 23.9 | 57.8 | 92.8 | 3.9 | 16.0 |
Jun | 1.1 | 13.2 | 22.0 | 57.3 | 93.0 | 3.5 | 14.4 |
Jul | 1.4 | 12.8 | 21.7 | 57.2 | 93.6 | 3.5 | 15.3 |
Aug | 0.4 | 12.9 | 22.9 | 54.6 | 92.4 | 3.7 | 18.1 |
Sept | 0.4 | 16.1 | 24.4 | 56.5 | 91.8 | 4.4 | 22.4 |
Oct | 1.8 | 19.4 | 26.3 | 59 | 87.5 | 5.1 | 24.5 |
Nov | 2.6 | 21.6 | 27.7 | 59.8 | 86.2 | 5.5 | 25.9 |
Dec | 3.7 | 23.2 | 28.8 | 62.7 | 87 | 5.4 | 26.5 |
source: Australian Government Bureau of Meteorology
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