Suburb Profile Report for Victoria Point QLD (4165)

Victoria Point House: Median price $518,000, Annual capital growth 2.77%, Number of sales 264, Weekly median advertised rent $460

Victoria Point Unit: Median price $335,000, Annual capital growth 2.73%, Number of sales 33, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Victoria Point, 4165 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.48%.

Taking the average capital gain, or increase in median house value, Victoria Point,4165 has racked up an average of 0.48% over the period. This ranks it number 2585th in the whole country for real estate investors looking at median house price increases.

Victoria Point4165 is located in QLD which offers an average discount of -7.21% to property investors. Victoria Point itself is showing figures that indicate -4.78% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $460 mark per week – giving a return of 4.62% based on the median price in Suburb

Victoria Point, 4165 ranked 294th in QLD when comparing growth in median property values or capital gain over the last 12 months. Victoria Point is one of 2415 in our list for QLD

Across a shorter period, Victoria Point, 4165 has seen a median price increase of -6.94% over the last quarter.

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 Victoria Point, 4165. Typically our figures indicate that -2.69% is being offered, which puts this QLD suburb at 1359th most discounted overall in Australia.

At number 631 in a list of fastest selling suburbs, Victoria Point is just in the top half of suburbs in Australia with an average of days on market 70.56 for properties listed there.

With the median price for a house in Victoria Point being $335000 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 6.13%

Metrics i HOUSE UNIT
$518,000 $335,000
-0.58% -6.94%
0.48% -6.29%
2.77% 2.73%
$460 $395
264 33
4.62% 6.13%
63.78 70.56

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Victoria Point QLD
Demographics
Total population 14816
Median household income ($/weekly) 1234
Median age of persons 41
Median housing loan repayment ($/monthly) 1950
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 2079 14.0
    35-44 years 1921 13.0
    45-54 years 2054 13.9
    55-64 years 1623 11.0
    65-74 years 1366 9.2
    Others 5774 39.0
    Age Group
    Census Count Percent(%)
    Registered Married 6092 56.0
    Not Married 3895 35.8
    Defacto Relationship 892 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 11082 77.4
    Papua New Guinea 779 5.4
    South Africa 185 1.3
    United Kingdom 1373 9.6
    Other 318 2.2
    Others 588 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 76 0.6
    Christianity 10683 77.4
    Hinduism 27 0.2
    Other Religious Groups 59 0.4
    No Religion 2933 21.2
    Others 29 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 598 12.7
    $600-$799 481 10.2
    $800-$999 416 8.9
    $1,500-$1,999 641 13.7
    $2,000-$2,499 538 11.5
    Others 2021 43.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4447 38.7
    Employed, worked full-time 4098 35.6
    Employed, worked part-time 2141 18.6
    Unemployed, looking for work 428 3.7
    Employed, away from work 390 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 755 11.4
    Professionals 902 13.6
    Technicians & trades workers 1193 18.0
    Clerical & administrative workers 1137 17.2
    Sales 735 11.1
    Others 1905 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 179 5.4
    Infants/Primary 1384 41.8
    Secondary 1019 30.8
    Technical or Further Educational Institution 266 8.0
    University or other Tertiary Institutions 377 11.4
    Others 87 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 12710 91.0
    Semi-detached, row or terrace house, townhouse 1171 8.4
    Flat, unit or apartment 75 0.5
    House or flat attached to a shop, office 10 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1826 35.6
    Fully owned 1780 34.7
    Rented 1309 25.5
    Other tenure type 220 4.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals