Suburb Profile Report for Aspley QLD (4034)

Aspley House: Median price $586,000, Annual capital growth 5.04%, Number of sales 168, Weekly median advertised rent $450

Aspley Unit: Median price $389,000, Annual capital growth 3.74%, Number of sales 53, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Aspley, 4034 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.64%.

While Aspley,4034 ranked number 393th in QLD for increase in median house value (annualised) increase, it is ranked 185th over the last 5 years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Aspley itself are offering an average vendor discount of -4.32% to real estate investors.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 5.04%, investors should hope to achieve an overall return of 3.99%

Investment property in Aspley has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.39%

If we look at median property appreciation over just the last three months, Aspley has given property investors a paper return of -0.26%. This puts Suburb as 188 on a list of fastest fasting appreciating suburbs in QLD

Property buyers and investors in Aspley 4034 should be seeing an average reduction in asking price of around -4.25% . This means that Aspley is holding prices well when compared to other suburbs in QLD.

Aspley, 4034’s gross rental yield is 5.08%

Metrics i HOUSE UNIT
$586,000 $389,000
0.60% -0.26%
4.64% 0.39%
5.04% 3.74%
$450 $380
168 53
3.99% 5.08%
49.34 52.42

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 12594
Median household income ($/weekly) 1371
Median age of persons 40
Median housing loan repayment ($/monthly) 2100
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1420 11.3
    25-34 years 1538 12.2
    35-44 years 1714 13.6
    45-54 years 1655 13.1
    55-64 years 1534 12.2
    Others 4733 37.6
    Age Group
    Census Count Percent(%)
    Registered Married 4945 50.6
    Not Married 4065 41.6
    Defacto Relationship 769 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 9317 76.8
    Indonesia 181 1.5
    Papua New Guinea 549 4.5
    United Kingdom 539 4.4
    Other 426 3.5
    Others 1118 9.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 143 1.2
    Christianity 8832 75.9
    Hinduism 153 1.3
    Other Religious Groups 97 0.8
    No Religion 2317 19.9
    Others 88 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 448 10.2
    $600-$799 376 8.5
    $1,500-$1,999 543 12.3
    $2,000-$2,499 475 10.8
    $2,500-$2,999 415 9.4
    Others 2156 48.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3970 39.8
    Not in the labour force 3488 35.0
    Employed, worked part-time 1822 18.3
    Employed, away from work 390 3.9
    Unemployed, looking for work 308 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 714 11.6
    Professionals 1526 24.7
    Technicians & trades workers 723 11.7
    Clerical & administrative workers 1142 18.5
    Sales 683 11.1
    Others 1389 22.5
    Occupation
    Census Count Percent(%)
    Pre-school 128 4.9
    Infants/Primary 970 37.2
    Secondary 680 26.1
    Technical or Further Educational Institution 177 6.8
    University or other Tertiary Institutions 560 21.5
    Others 94 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10043 82.9
    Semi-detached, row or terrace house, townhouse 1514 12.5
    Caravan, cabin, houseboat 425 3.5
    Flat, unit or apartment 130 1.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1782 37.5
    Being purchased 1580 33.3
    Rented 1157 24.4
    Other tenure type 228 4.8
    Tenure Type
Census 2011, ABS
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