Suburb Profile Report for Highland Park QLD (4211)

Highland Park House: Median price $493,500, Annual capital growth 4.10%, Number of sales 110, Weekly median advertised rent $475

Highland Park Unit: Median price $285,000, Annual capital growth 3.40%, 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

At number 990th in the list of Australian suburbs ordered by increase in median house value over the last year, Highland Park, 4211 is in the top 30% with a property value increase of 10.40% recorded in median house prices.

The five-year average increase in median property values for Highland Park,4211 has given property investors a potential capital gain of 17.50% across each of those five years.

Property investors looking for a bargain in Highland Park should be aiming for at least -4.35% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Highland Park have been waiting around 68.05 days to sell a property.

The QLD suburb of Highland Park, 4211 is in the Gold Coast local government area.

QLD has seen average median house prices change by 0.77% which means that Highland Park, 4211 has done well for property investors by showing a capital gain of -2.40% over the last year

Across a shorter period, Highland Park, 4211 has seen a median price increase of 0.71% over the last quarter.

Vendor discounting in Highland Park is giving property investors an average Vendor Discount of around -4.12%. This puts suburb at number 264th in QLD when ranking the most discounted suburbs.

Residents and property investors in Highland Park have been waiting around 43.29 days to sell a property.

With the median price for a house in Highland Park being $285000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 6.57%

HOUSE UNIT
$493,500 $285,000
0.30% 0.71%
10.40% -2.40%
4.10% 3.40%
$475 $360
110 35
5.01% 6.57%
68.05 43.29

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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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