Suburb Profile Report for Cleveland QLD (4163)

Cleveland House: Median price $572,500, Annual capital growth 2.64%, Number of sales 237, Weekly median advertised rent $450

Cleveland Unit: Median price $405,000, Annual capital growth 3.17%, Number of sales 186, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Cleveland has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.72%

A 10.83% growth in median value for property investors in Cleveland,4163 puts this suburb at number 461th in terms of best performing suburbs in QLD

Sellers are offering property buyers an average discount of -5.31% to buyers in Cleveland at the moment, which is less than average for the rest of QLD.

Residents and property investors in Cleveland have been waiting around 65.79 days to sell a property.

Advertised rents are around the $450 mark per week – giving a return of 4.09% based on the median price in Suburb

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 4.59%

Across a shorter period, Cleveland, 4163 has seen a median price increase of -0.25% over the last quarter.

Property investors looking for a bargain in Cleveland should be aiming for at least -4.69% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $395 mark per week – giving a return of 5.07% based on the median price in Suburb

Metrics i HOUSE UNIT
$572,500 $405,000
0.13% -0.25%
-1.72% 4.59%
2.64% 3.17%
$450 $395
237 186
4.09% 5.07%
65.79 91.25

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Cleveland QLD
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
Chart Table
Recent sales & rentals