Suburb Profile Report for Drewvale QLD (4116)

Drewvale House: Median price $575,000, Annual capital growth 4.75%, Number of sales 81, Weekly median advertised rent $460

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

Source: CoreLogic

  • House Report

Drewvale has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 6.48% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Drewvale comes in at number 158th in QLD.

Vendor discounting in Drewvale is giving property investors an average Vendor Discount of around -4.02%. This puts suburb at number 778th in QLD when ranking the most discounted suburbs.

At number 1163 in a list of fastest selling suburbs, Drewvale is in the TOP 40% of suburbs in Australia with an average of days on market 66.15 for properties listed there.

Drewvale, 4116’s gross rental yield is 4.16%

HOUSE UNIT
$575,000 N/A
1.32% N/A
6.48% N/A
4.75% N/A
$460 N/A
81 N/A
4.16% N/A
66.15 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 3943
Median household income ($/weekly) 1817
Median age of persons 31
Median housing loan repayment ($/monthly) 2383
Average household size 3.4
  • Census Count Percent(%)
    0-4 years 358 9.1
    5-14 years 722 18.3
    25-34 years 697 17.7
    35-44 years 679 17.2
    45-54 years 475 12.0
    Others 1012 25.7
    Age Group
    Census Count Percent(%)
    Registered Married 1625 60.7
    Not Married 833 31.1
    Defacto Relationship 220 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2277 59.9
    Indonesia 127 3.3
    Papua New Guinea 334 8.8
    United Kingdom 160 4.2
    Other 299 7.9
    Others 602 15.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 139 3.8
    Christianity 2381 65.5
    Hinduism 170 4.7
    Islam 170 4.7
    No Religion 708 19.5
    Others 69 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 104 10.3
    $1,250-$1,499 100 9.9
    $1,500-$1,999 181 17.9
    $2,000-$2,499 195 19.3
    $2,500-$2,999 110 10.9
    Others 321 31.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1395 50.1
    Not in the labour force 679 24.4
    Employed, worked part-time 516 18.5
    Employed, away from work 101 3.6
    Unemployed, looking for work 93 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 231 11.5
    Professionals 367 18.3
    Technicians & trades workers 304 15.1
    Clerical & administrative workers 347 17.3
    Sales 202 10.1
    Others 558 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 65 6.0
    Infants/Primary 467 43.2
    Secondary 307 28.4
    Technical or Further Educational Institution 72 6.7
    University or other Tertiary Institutions 133 12.3
    Others 38 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3760 99.6
    Semi-detached, row or terrace house, townhouse 15 0.4
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 683 61.4
    Rented 279 25.1
    Fully owned 145 13.0
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals