Suburb Profile Report for Highgate Hill QLD (4101)

Highgate Hill House: Median price $1,100,000, Annual capital growth 8.09%, Number of sales 37, Weekly median advertised rent $538

Highgate Hill Unit: Median price $495,000, Annual capital growth 4.05%, Number of sales 53, Weekly median advertised rent $440

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Over the last year, property investments in Highgate Hill, 4101 have given investors a capital gain of 0.69%. This compares badly with the 1.98% for QLD as a whole.

While Highgate Hill,4101 ranked number 55th in QLD for increase in median house value (annualised) increase, it is ranked 17th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Highgate Hill, 4101. Typically our figures indicate that -5.49% is being offered, which puts this QLD suburb at 2185th most discounted overall in Australia.

Using the current median advertised rental of $537.5 and the average annual increase in value of a median property of 8.09%, investors should hope to achieve an overall return of 2.54%

QLD has seen average median house prices change by 0.77% which means that Highgate Hill, 4101 has done well for property investors by showing a capital gain of -7.99% over the last year

If we look at median property appreciation over just the last three months, Highgate Hill has given property investors a paper return of -3.88%. This puts Suburb as 310 on a list of fastest fasting appreciating suburbs in QLD

Property buyers and investors in Highgate Hill 4101 should be seeing an average reduction in asking price of around -5.21% . This means that Highgate Hill is holding prices well when compared to other suburbs in QLD.

With the median price for a house in Highgate Hill being $495000 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 4.62%

Nicole Tam Information supplied by:

Nicole Tam
Ironfish

M 07 3166 0888
O

W www.ironfish.com.au
E brisbane@ironfish.com.au
Highgate Hill has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of -0.13% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Highgate Hill has fallen somewhat when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Highgate Hill, 4101. Typically our figures indicate that -9.95% is being offered, which puts this QLD suburb at 1478th most discounted overall in Australia.
Residents and property investors in Highgate Hill have been waiting around 121.51 days to sell a property.
Highgate Hill, 4101’s gross rental yield is 3.38%Full summary
Highgate Hill has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of -0.13% to date.
 
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Highgate Hill has fallen somewhat when compared to the 5 year average annual rate.
 
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Highgate Hill, 4101. Typically our figures indicate that -9.95% is being offered, which puts this QLD suburb at 1478th most discounted overall in Australia.
 
Residents and property investors in Highgate Hill have been waiting around 121.51 days to sell a property.
 
Highgate Hill, 4101’s gross rental yield is 3.38%
 
Selling points:
  • Location (Brisbane inner city)
  • Vacancy rate 2.3%1 (March 2013)
  • Rental return 5.87%2 (South Brisbane units over the last 12 months)
  • Median rent at $465 per week3 (South Brisbane units)
  • Increasing population growth
  • Strong demand
South Brisbane is Australia No. 1 investment pick by ‘Your Investment Property’ magazine, due to the high demand for inner city rentals with a very low supply of rental stock. 
 
Most sought-after properties: Apartments
 
Most common properties: Apartments and Houses
 
Top amenities:  Southbank Parklands, Mater Hospital, Brisbane State High, Griffith Conservatorium of Music, Southbank TAFE, Gallery of Modern Art, QUT and Griffith Universities, Queensland Museum, Qld Performing Arts Centre
 
Local industry and business: Variety
 
Best streets: Boundary St (South Brisbane)
 
Public transport: Extremely well serviced transport infrastructure including train stations, priority busways, ferry services and both pedestrian and bicycle bridges to the CBD.
 
Main arteries:
  • Go Between bridge (completed 2010) linking South Brisbane with the Inner City Bypass and the Airport Link Tunnel
  • $63 million ‘Kurilpa’ pedestrian and bicycle bridge connecting South Brisbane to the Central Business District
  • $40 million upgrade to the ‘Goodwill’ pedestrian/bicycle bridge from South Brisbane to Queensland University of Technology

 

Close
HOUSE UNIT
$1,100,000 $495,000
7.32% -3.88%
0.69% -7.99%
8.09% 4.05%
$538 $440
37 53
2.54% 4.62%
77.91 65.5

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
Find a mortgage broker in Highgate Hill QLD
Demographics
Total population 5823
Median household income ($/weekly) 1380
Median age of persons 34
Median housing loan repayment ($/monthly) 2000
Average household size 2.3
  • Census Count Percent(%)
    20-24 years 703 12.1
    25-34 years 1297 22.3
    35-44 years 900 15.5
    45-54 years 765 13.1
    55-64 years 529 9.1
    Others 1629 28.0
    Age Group
    Census Count Percent(%)
    Not Married 2597 57.3
    Registered Married 1336 29.5
    Defacto Relationship 598 13.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3447 64.1
    Hong Kong 225 4.2
    Papua New Guinea 179 3.3
    United Kingdom 278 5.2
    Other 432 8.0
    Others 815 15.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 292 5.7
    Christianity 2484 48.7
    Hinduism 91 1.8
    Islam 68 1.3
    No Religion 2090 41.0
    Others 78 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 174 8.2
    $800-$999 164 7.7
    $1,000-$1,249 198 9.3
    $1,500-$1,999 277 13.0
    $2,500-$2,999 217 10.2
    Others 1096 51.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2043 43.2
    Not in the labour force 1227 25.9
    Employed, worked part-time 1058 22.3
    Unemployed, looking for work 245 5.2
    Employed, away from work 161 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 371 11.4
    Professionals 1254 38.5
    Community & personal service workers 323 9.9
    Clerical & administrative workers 429 13.2
    Sales 276 8.5
    Others 603 18.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 281 17.4
    Secondary 285 17.6
    Technical or Further Educational Institution 122 7.5
    University or other Tertiary Institutions 829 51.2
    Other type of educational institution 68 4.2
    Others 34 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2686 50.9
    Flat, unit or apartment 2346 44.4
    Semi-detached, row or terrace house, townhouse 236 4.5
    House or flat attached to a shop, office 13 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1316 57.0
    Being purchased 496 21.5
    Fully owned 483 20.9
    Other tenure type 12 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals