Suburb Profile Report for Regents Park QLD (4118)

Regents Park House: Median price $392,000, Annual capital growth 2.87%, Number of sales 225, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report

Property value increases in Regents Park have tracked close to the QLD average of 2.44% over the last 12 months.

While Regents Park,4118 ranked number 663th in QLD for increase in median house value (annualised) increase, it is ranked 381th 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 Regents Park, 4118. Typically our figures indicate that -4.05% is being offered, which puts this QLD suburb at 2998th most discounted overall in Australia.

At number 823 in a list of fastest selling suburbs, Regents Park is in the TOP 30% of suburbs in Australia with an average of days on market 53.57 for properties listed there.

A $380 per week rent on the median house gives suburb investors a gross yield of circa 5.04%, without taking into account capital value appreciation, which has been averaging out at 2.87%.

Metrics i HOUSE UNIT
$392,000 N/A
-1.63% N/A
1.42% N/A
2.87% N/A
$380 N/A
225 N/A
5.04% N/A
53.57 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 10657
Median household income ($/weekly) 1460
Median age of persons 30
Median housing loan repayment ($/monthly) 1820
Average household size 3.1
  • Census Count Percent(%)
    0-4 years 967 9.1
    5-14 years 1736 16.3
    25-34 years 1626 15.3
    35-44 years 1582 14.8
    45-54 years 1555 14.6
    Others 3192 29.9
    Age Group
    Census Count Percent(%)
    Registered Married 3593 48.4
    Not Married 2823 38.0
    Defacto Relationship 1004 13.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 7153 70.6
    Papua New Guinea 981 9.7
    Philippines 161 1.6
    United Kingdom 473 4.7
    Other 563 5.6
    Others 807 8.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 143 1.5
    Christianity 6558 67.9
    Islam 146 1.5
    Other Religious Groups 84 0.9
    No Religion 2658 27.5
    Others 66 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 252 8.6
    $1,000-$1,249 323 11.0
    $1,250-$1,499 318 10.9
    $1,500-$1,999 557 19.0
    $2,000-$2,499 442 15.1
    Others 1037 35.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3525 46.4
    Not in the labour force 2024 26.6
    Employed, worked part-time 1330 17.5
    Employed, away from work 371 4.9
    Unemployed, looking for work 346 4.6
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 855 16.4
    Clerical & administrative workers 888 17.0
    Sales 545 10.4
    Machinery operators & drivers 714 13.7
    Labourers 638 12.2
    Others 1582 30.3
    Occupation
    Census Count Percent(%)
    Pre-school 153 5.9
    Infants/Primary 1109 42.6
    Secondary 790 30.3
    Technical or Further Educational Institution 227 8.7
    University or other Tertiary Institutions 257 9.9
    Others 70 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10157 99.7
    Semi-detached, row or terrace house, townhouse 30 0.3
    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 1693 52.6
    Rented 917 28.5
    Fully owned 590 18.3
    Other tenure type 17 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals