Suburb Profile Report for Stretton QLD (4116)

Stretton House: Median price $850,000, Annual capital growth 6.31%, Number of sales 75, Weekly median advertised rent $580

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

Source: CoreLogic

  • House Report

Stretton is in the bottom 40% in QLD when comparing median price capital growth over the last year. Stretton gave property investors a disappointing capital gain figure when compared to the rest of the state, with -1.16%.

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

Vendor discounting in Stretton is giving property investors an average Vendor Discount of around -7.15%. This puts suburb at number 342th in QLD when ranking the most discounted suburbs.

Using the current median advertised rental of $580 and the average annual increase in value of a median property of 6.31%, investors should hope to achieve an overall return of 3.55%

HOUSE UNIT
$850,000 N/A
3.79% N/A
-1.16% N/A
6.31% N/A
$580 N/A
75 N/A
3.55% N/A
66.88 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 4067
Median household income ($/weekly) 1843
Median age of persons 36
Median housing loan repayment ($/monthly) 2400
Average household size 3.4
  • Census Count Percent(%)
    5-14 years 548 13.5
    25-34 years 492 12.1
    35-44 years 522 12.8
    45-54 years 691 17.0
    55-64 years 566 13.9
    Others 1248 30.7
    Age Group
    Census Count Percent(%)
    Registered Married 1847 58.3
    Not Married 1213 38.3
    Defacto Relationship 109 3.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1694 43.0
    Croatia 292 7.4
    India 161 4.1
    Papua New Guinea 164 4.2
    Other 609 15.5
    Others 1021 25.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 496 12.9
    Christianity 2014 52.5
    Hinduism 214 5.6
    Islam 280 7.3
    No Religion 775 20.2
    Others 56 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 83 8.0
    $1,500-$1,999 146 14.0
    $2,000-$2,499 124 11.9
    $2,500-$2,999 123 11.8
    $3,000-$3,499 85 8.1
    Others 482 46.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1245 38.7
    Not in the labour force 1069 33.3
    Employed, worked part-time 670 20.8
    Unemployed, looking for work 120 3.7
    Employed, away from work 110 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 289 14.3
    Professionals 553 27.3
    Technicians & trades workers 194 9.6
    Clerical & administrative workers 338 16.7
    Sales 236 11.7
    Others 415 20.5
    Occupation
    Census Count Percent(%)
    Pre-school 58 5.1
    Infants/Primary 319 27.9
    Secondary 331 29.0
    Technical or Further Educational Institution 78 6.8
    University or other Tertiary Institutions 327 28.6
    Others 30 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3957 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    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 522 44.4
    Fully owned 513 43.7
    Rented 132 11.2
    Other tenure type 8 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals