Suburb Profile Report for Highland Park QLD (4211)

Highland Park House: Median price $498,750, Annual capital growth 3.38%, Number of sales 106, Weekly median advertised rent $490

Highland Park Unit: Median price $300,000, Annual capital growth 4.84%, Number of sales 35, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.51% which means that Highland Park, 4211 has done well for property investors by showing a capital gain of 1.79% over the last year

If we look at median property appreciation over just the last three months, Highland Park has given property investors a paper return of 3.05%. This puts Suburb as 168 on a list of fastest fasting appreciating suburbs in QLD

Highland Park4211 is located in QLD which offers an average discount of -7.21% to property investors. Highland Park itself is showing figures that indicate -4.49% is the average achievable by property buyers investing in the suburb.

A $490 per week rent on the median house gives suburb investors a gross yield of circa 5.11%, without taking into account capital value appreciation, which has been averaging out at 3.38%.

If you compare the increase in value of investment property in Highland Park, 4211 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 9.09%.

Across a shorter period, Highland Park, 4211 has seen a median price increase of 3.45% over the last quarter.

Sellers are offering property buyers an average discount of -4.63% to buyers in Highland Park at the moment, which is less than average for the rest of QLD.

Using the current median advertised rental of $360 and the average annual increase in value of a median property of 4.84%, investors should hope to achieve an overall return of 6.24%

Metrics i HOUSE UNIT
$498,750 $300,000
3.05% 3.45%
1.79% 9.09%
3.38% 4.84%
$490 $360
106 35
5.11% 6.24%
56.87 55.06

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 6560
Median household income ($/weekly) 1216
Median age of persons 39
Median housing loan repayment ($/monthly) 1950
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 881 13.4
    25-34 years 769 11.7
    35-44 years 953 14.5
    45-54 years 973 14.8
    55-64 years 754 11.5
    Others 2231 34.0
    Age Group
    Census Count Percent(%)
    Registered Married 2523 52.5
    Not Married 1727 35.9
    Defacto Relationship 557 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 4346 70.5
    Papua New Guinea 676 11.0
    Philippines 48 0.8
    United Kingdom 430 7.0
    Other 220 3.6
    Others 448 7.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 99 1.7
    Christianity 4449 74.7
    Islam 23 0.4
    Other Religious Groups 25 0.4
    No Religion 1337 22.5
    Others 19 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 245 12.0
    $600-$799 215 10.6
    $800-$999 213 10.5
    $1,500-$1,999 314 15.4
    $2,000-$2,499 221 10.9
    Others 828 40.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1850 37.2
    Not in the labour force 1676 33.7
    Employed, worked part-time 1026 20.6
    Unemployed, looking for work 243 4.9
    Employed, away from work 178 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 466 15.3
    Technicians & trades workers 540 17.7
    Clerical & administrative workers 411 13.5
    Sales 373 12.2
    Labourers 352 11.5
    Others 913 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 92 6.3
    Infants/Primary 605 41.4
    Secondary 412 28.2
    Technical or Further Educational Institution 124 8.5
    University or other Tertiary Institutions 180 12.3
    Others 49 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5227 85.4
    Semi-detached, row or terrace house, townhouse 807 13.2
    Flat, unit or apartment 79 1.3
    House or flat attached to a shop, office 7 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1013 45.9
    Fully owned 734 33.2
    Rented 450 20.4
    Other tenure type 11 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals