Suburb Profile Report for Cleveland QLD (4163)

Cleveland House: Median price $583,000, Annual capital growth 3.58%, Number of sales 251, Weekly median advertised rent $440

Cleveland Unit: Median price $383,000, Annual capital growth 3.33%, Number of sales 154, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

Cleveland, 4163 ranked 364th in QLD when comparing growth in median property values or capital gain over the last 12 months. Cleveland is one of 2415 in our list for QLD

A 18.98% growth in median value for property investors in Cleveland,4163 puts this suburb at number 524th in terms of best performing suburbs in QLD

Cleveland4163 is located in QLD which offers an average discount of -7.32% to property investors. Cleveland itself is showing figures that indicate -5.66% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 20.92 sales per month, which equates to 251 per year.

A $440 per week rent on the median house gives suburb investors a gross yield of circa 3.92%, without taking into account capital value appreciation, which has been averaging out at 3.58%.

Investment property in Cleveland has done 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 -7.71%

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

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 Cleveland, 4163. Typically our figures indicate that -5.29% is being offered, which puts this QLD suburb at 675th most discounted overall in Australia.

Using the current median advertised rental of $390 and the average annual increase in value of a median property of 3.33%, investors should hope to achieve an overall return of 5.30%

HOUSE UNIT
$583,000 $383,000
-0.34% -1.79%
4.11% -7.71%
3.58% 3.33%
$440 $390
251 154
3.92% 5.30%
80.2 90.21

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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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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