Suburb Profile Report for Stafford QLD (4053)

Stafford House: Median price $580,000, Annual capital growth 5.85%, Number of sales 87, Weekly median advertised rent $415

Stafford Unit: Median price $420,000, Annual capital growth 6.78%, Number of sales 31, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2431th in the list of Australian suburbs ordered by increase in median house value over the last year, Stafford, 4053 is in the BOTTOM 50% with a property value increase of 2.79% recorded in median house prices.

Over the longer term, Stafford has seen property prices show investors a 23.01% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Stafford is $580000, with sellers offering an average of -5.05% off the asking price.

A $415 per week rent on the median house gives suburb investors a gross yield of circa 3.72%, without taking into account capital value appreciation, which has been averaging out at 5.85%.

Investment property in Stafford has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.15%

If we look at median property appreciation over just the last three months, Stafford has given property investors a paper return of -1.47%. This puts Suburb as 240 on a list of fastest fasting appreciating suburbs in QLD

Vendor discounting in Stafford is giving property investors an average Vendor Discount of around -4.81%. This puts suburb at number 232th in QLD when ranking the most discounted suburbs.

Using the current median advertised rental of $370 and the average annual increase in value of a median property of 6.78%, investors should hope to achieve an overall return of 4.58%

HOUSE UNIT
$580,000 $420,000
-1.19% -1.47%
2.79% -6.15%
5.85% 6.78%
$415 $370
87 31
3.72% 4.58%
44.86 86.75

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
Find a mortgage broker in Stafford QLD
Demographics
Total population 6041
Median household income ($/weekly) 1208
Median age of persons 34
Median housing loan repayment ($/monthly) 2162
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 598 9.9
    25-34 years 1166 19.3
    35-44 years 933 15.4
    45-54 years 673 11.1
    55-64 years 563 9.3
    Others 2106 34.9
    Age Group
    Census Count Percent(%)
    Not Married 2321 50.3
    Registered Married 1668 36.2
    Defacto Relationship 621 13.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4697 81.4
    Papua New Guinea 181 3.1
    Philippines 81 1.4
    United Kingdom 174 3.0
    Other 238 4.1
    Others 400 6.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 84 1.5
    Christianity 3893 70.1
    Hinduism 32 0.6
    Other Religious Groups 55 1.0
    No Religion 1455 26.2
    Others 31 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 224 9.8
    $600-$799 225 9.8
    $1,500-$1,999 273 11.9
    $2,000-$2,499 215 9.4
    $2,500-$2,999 209 9.1
    Others 1147 50.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2056 43.2
    Not in the labour force 1497 31.5
    Employed, worked part-time 824 17.3
    Employed, away from work 193 4.1
    Unemployed, looking for work 188 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 304 9.9
    Professionals 824 26.8
    Technicians & trades workers 405 13.2
    Community & personal service workers 304 9.9
    Clerical & administrative workers 514 16.7
    Others 722 23.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 401 32.9
    Secondary 240 19.7
    Technical or Further Educational Institution 112 9.2
    University or other Tertiary Institutions 333 27.3
    Other type of educational institution 67 5.5
    Others 66 5.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4832 83.6
    Flat, unit or apartment 684 11.8
    Semi-detached, row or terrace house, townhouse 257 4.4
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1114 45.0
    Being purchased 771 31.2
    Fully owned 579 23.4
    Other tenure type 9 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals