Suburb Profile Report for Hillcrest QLD (4118)

Hillcrest House: Median price $369,000, Annual capital growth 4.39%, Number of sales 100, Weekly median advertised rent $363

Hillcrest Unit: Median price $229,000, Annual capital growth 3.89%, Number of sales 35, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Hillcrest, 4118 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.66%

If we look at median property appreciation over just the last three months, Hillcrest has given property investors a paper return of 2.50%. This puts Suburb as 194 on a list of fastest fasting appreciating suburbs in QLD

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Hillcrest itself are offering an average vendor discount of -4.79% to real estate investors.

At number 608 in a list of fastest selling suburbs, Hillcrest is in the TOP 20% of suburbs in Australia with an average of days on market 51.73 for properties listed there.

A $362.5 per week rent on the median house gives suburb investors a gross yield of circa 5.11%, without taking into account capital value appreciation, which has been averaging out at 4.39%.

QLD has seen average median house prices change by 0.77% which means that Hillcrest, 4118 has done well for property investors by showing a capital gain of -0.43% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Hillcrest comes in at number 278th in QLD.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Hillcrest itself are offering an average vendor discount of -3.91% to real estate investors.

Often selling an investment property can take time, and in Hillcrest the average time real estate has been on the market is 74.56 days.

HOUSE UNIT
$369,000 $229,000
2.50% N/A
9.66% -0.43%
4.39% 3.89%
$363 $350
100 35
5.11% 7.95%
51.73 74.56

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 5228
Median household income ($/weekly) 1301
Median age of persons 31
Median housing loan repayment ($/monthly) 1733
Average household size 2.8
  • Census Count Percent(%)
    0-4 years 473 9.0
    5-14 years 766 14.7
    25-34 years 852 16.3
    35-44 years 743 14.2
    45-54 years 699 13.4
    Others 1695 32.4
    Age Group
    Census Count Percent(%)
    Not Married 1572 42.8
    Registered Married 1566 42.6
    Defacto Relationship 536 14.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3586 72.2
    Papua New Guinea 474 9.5
    Philippines 77 1.6
    United Kingdom 227 4.6
    Other 253 5.1
    Others 349 7.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 89 1.9
    Christianity 3288 68.6
    Islam 72 1.5
    Other Religious Groups 31 0.6
    No Religion 1276 26.6
    Others 37 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 152 9.6
    $1,000-$1,249 214 13.6
    $1,250-$1,499 182 11.5
    $1,500-$1,999 279 17.7
    $2,000-$2,499 212 13.4
    Others 538 34.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1786 47.0
    Not in the labour force 1062 27.9
    Employed, worked part-time 632 16.6
    Unemployed, looking for work 164 4.3
    Employed, away from work 158 4.2
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 437 17.0
    Clerical & administrative workers 411 16.0
    Sales 265 10.3
    Machinery operators & drivers 389 15.1
    Labourers 348 13.5
    Others 726 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 64 5.7
    Infants/Primary 502 44.6
    Secondary 307 27.3
    Technical or Further Educational Institution 113 10.0
    University or other Tertiary Institutions 101 9.0
    Others 39 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4707 95.2
    Flat, unit or apartment 131 2.7
    Semi-detached, row or terrace house, townhouse 104 2.1
    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 761 44.6
    Rented 633 37.1
    Fully owned 304 17.8
    Other tenure type 10 0.6
    Tenure Type
Census 2011, ABS
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