Suburb Profile Report for Victoria Point QLD (4165)

Victoria Point House: Median price $520,000, Annual capital growth 3.10%, Number of sales 264, Weekly median advertised rent $465

Victoria Point Unit: Median price $364,500, Annual capital growth 3.49%, Number of sales 40, 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 around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 4.00%.

Taking the average capital gain, or increase in median house value, Victoria Point,4165 has racked up an average of 4.00% over the period. This ranks it number 2312th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Victoria Point is $520000, with sellers offering an average of -4.61% off the asking price.

In the last year 264 properties changed hands in Victoria Point, which puts it as the 24th most active market in QLD when comparing the number of sales per suburb.

A $465 per week rent on the median house gives suburb investors a gross yield of circa 4.65%, without taking into account capital value appreciation, which has been averaging out at 3.10%.

Property investors who have had real estate in Victoria Point, 4165 should be relatively pleased 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 10.45%

When looking at the potential capital gains offered to property investors over the last 3 years, Victoria Point comes in at number 94th in QLD.

Victoria Point, 4165 is offering QLD ‘s 215th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this QLD.

Advertised rents are around the $395 mark per week – giving a return of 5.64% based on the median price in Suburb

HOUSE UNIT
$520,000 $364,500
0.00% 1.25%
4.00% 10.45%
3.10% 3.49%
$465 $395
264 40
4.65% 5.64%
67.56 79

Source: CoreLogic

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