Suburb Profile Report for Acacia Ridge QLD (4110)

Acacia Ridge House: Median price $380,000, Annual capital growth 4.73%, Number of sales 155, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report

Investment property in Acacia Ridge has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.04%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Acacia Ridge has increased when compared to the 5 year average annual rate.

The most recent median price for Acacia Ridge is $380000, with sellers offering an average of -6.26% off the asking price.

In the last year 155 properties changed hands in Acacia Ridge, which puts it as the 105th most active market in QLD when comparing the number of sales per suburb.

Using the current median advertised rental of $350 and the average annual increase in value of a median property of 4.73%, investors should hope to achieve an overall return of 4.79%

HOUSE UNIT
$380,000 N/A
1.33% N/A
7.04% N/A
4.73% N/A
$350 N/A
155 N/A
4.79% N/A
39.73 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 6944
Median household income ($/weekly) 966
Median age of persons 34
Median housing loan repayment ($/monthly) 1613
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 946 13.6
    25-34 years 1072 15.4
    35-44 years 945 13.6
    45-54 years 843 12.1
    55-64 years 679 9.8
    Others 2459 35.4
    Age Group
    Census Count Percent(%)
    Not Married 2492 49.8
    Registered Married 1994 39.9
    Defacto Relationship 517 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4277 66.4
    Indonesia 134 2.1
    Papua New Guinea 263 4.1
    United Kingdom 263 4.1
    Other 781 12.1
    Others 721 11.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 127 2.1
    Christianity 4187 67.7
    Hinduism 123 2.0
    Islam 382 6.2
    No Religion 1294 20.9
    Others 72 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 270 12.4
    $600-$799 254 11.7
    $800-$999 244 11.2
    $1,000-$1,249 250 11.5
    $1,500-$1,999 280 12.8
    Others 881 40.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2179 42.8
    Employed, worked full-time 1714 33.6
    Employed, worked part-time 753 14.8
    Unemployed, looking for work 278 5.5
    Employed, away from work 171 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 315 11.9
    Technicians & trades workers 414 15.7
    Clerical & administrative workers 420 15.9
    Machinery operators & drivers 365 13.8
    Labourers 412 15.6
    Others 714 27.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 564 36.9
    Secondary 434 28.4
    Technical or Further Educational Institution 209 13.7
    University or other Tertiary Institutions 195 12.8
    Other type of educational institution 64 4.2
    Others 63 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6137 94.8
    Semi-detached, row or terrace house, townhouse 305 4.7
    Flat, unit or apartment 30 0.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1051 44.6
    Being purchased 731 31.0
    Fully owned 563 23.9
    Other tenure type 14 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals