Suburb Profile Report for Cleveland QLD (4163)

Cleveland House: Median price $583,000, Annual capital growth 3.07%, Number of sales 254, Weekly median advertised rent $450

Cleveland Unit: Median price $405,000, Annual capital growth 3.69%, Number of sales 171, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Cleveland have tracked close to the QLD average of 2.06% over the last 12 months.

While Cleveland,4163 ranked number 458th in QLD for increase in median house value (annualised) increase, it is ranked 225th over the last 5 years.

Our latest figures would indicate that property sellers in Cleveland are currently offering property investors an average price cut of -5.87% below the asking price at the moment.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 3.07%, investors should hope to achieve an overall return of 4.01%

Property investors who have had real estate in Cleveland, 4163 should be ok 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 3.85%

Cleveland,4163 has offered an average of 3.85% return per annum in house price rises to property investors over the last three years.

Cleveland, 4163 is offering QLD ‘s 238th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.

In the last year 171 properties changed hands in Cleveland, which puts it as the 51th most active market in QLD when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$583,000 $405,000
0.26% 6.58%
1.39% 3.85%
3.07% 3.69%
$450 $395
254 171
4.01% 5.07%
77.92 83.05

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 14413
Median household income ($/weekly) 1139
Median age of persons 46
Median housing loan repayment ($/monthly) 2000
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1513 10.5
    35-44 years 1594 11.1
    45-54 years 2172 15.1
    55-64 years 2221 15.4
    65-74 years 1562 10.8
    Others 5352 37.1
    Age Group
    Census Count Percent(%)
    Registered Married 5653 50.2
    Not Married 4666 41.5
    Defacto Relationship 932 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 9496 68.7
    Papua New Guinea 866 6.3
    South Africa 297 2.1
    United Kingdom 1716 12.4
    Other 475 3.4
    Others 982 7.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 224 1.7
    Christianity 9926 74.4
    Hinduism 53 0.4
    Other Religious Groups 55 0.4
    No Religion 3035 22.7
    Others 51 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 513 9.9
    $400-$599 595 11.5
    $600-$799 476 9.2
    $800-$999 472 9.1
    $1,500-$1,999 577 11.2
    Others 2534 49.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4677 39.4
    Employed, worked full-time 4284 36.1
    Employed, worked part-time 2150 18.1
    Employed, away from work 390 3.3
    Unemployed, looking for work 368 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 992 14.5
    Professionals 1284 18.8
    Technicians & trades workers 945 13.9
    Clerical & administrative workers 1171 17.2
    Sales 751 11.0
    Others 1679 24.6
    Occupation
    Census Count Percent(%)
    Pre-school 132 4.7
    Infants/Primary 1000 35.8
    Secondary 830 29.7
    Technical or Further Educational Institution 273 9.8
    University or other Tertiary Institutions 483 17.3
    Others 79 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10246 75.5
    Semi-detached, row or terrace house, townhouse 2340 17.2
    Flat, unit or apartment 967 7.1
    House or flat attached to a shop, office 13 0.1
    Caravan, cabin, houseboat 6 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2116 37.5
    Rented 1919 34.0
    Being purchased 1528 27.1
    Other tenure type 76 1.3
    Tenure Type
Census 2011, ABS
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