Suburb Profile Report for Shorncliffe QLD (4017)

Shorncliffe House: Median price $685,000, Annual capital growth 4.73%, Number of sales 34, Weekly median advertised rent $500

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Over the last year, property investments in Shorncliffe, 4017 have given investors a capital gain of 1.48%. This compares averagely with the 2.11% for QLD as a whole.

Shorncliffe,4017 was ranked 2374 in Australia by increase in median property value over the quarter.

Property buyers and investors in Shorncliffe 4017 should be seeing an average reduction in asking price of around -8.21% . This means that Shorncliffe is holding prices well when compared to other suburbs in QLD.

At number 1755 in a list of fastest selling suburbs, Shorncliffe is just in the top half of suburbs in Australia with an average of days on market 78.92 for properties listed there.

Advertised rents are around the $500 mark per week – giving a return of 3.80% based on the median price in Suburb

HOUSE UNIT
$685,000 N/A
0.37% N/A
1.48% N/A
4.73% N/A
$500 N/A
34 N/A
3.80% N/A
78.92 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 1914
Median household income ($/weekly) 1460
Median age of persons 41
Median housing loan repayment ($/monthly) 2167
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 281 14.7
    25-34 years 152 7.9
    35-44 years 311 16.2
    45-54 years 333 17.4
    55-64 years 279 14.6
    Others 559 29.2
    Age Group
    Census Count Percent(%)
    Registered Married 700 49.7
    Not Married 594 42.2
    Defacto Relationship 114 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1495 81.1
    Italy 16 0.9
    Papua New Guinea 96 5.2
    United Kingdom 123 6.7
    Other 37 2.0
    Others 76 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 20 1.1
    Christianity 1185 67.1
    Islam 6 0.3
    Other Religious Groups 8 0.5
    No Religion 540 30.6
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 70 10.7
    $400-$599 57 8.7
    $1,500-$1,999 78 12.0
    $2,000-$2,499 55 8.4
    $2,500-$2,999 75 11.5
    Others 317 48.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 595 40.1
    Not in the labour force 455 30.6
    Employed, worked part-time 318 21.4
    Unemployed, looking for work 60 4.0
    Employed, away from work 57 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 125 12.9
    Professionals 257 26.4
    Technicians & trades workers 109 11.2
    Community & personal service workers 103 10.6
    Clerical & administrative workers 156 16.0
    Others 222 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 22 4.5
    Infants/Primary 176 35.8
    Secondary 147 29.9
    Technical or Further Educational Institution 36 7.3
    University or other Tertiary Institutions 98 19.9
    Others 13 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1573 88.0
    Flat, unit or apartment 211 11.8
    House or flat attached to a shop, office 4 0.2
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 236 33.6
    Being purchased 234 33.3
    Fully owned 229 32.6
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals