Suburb Profile Report for Hope Island QLD (4212)

Hope Island House: Median price $642,500, Annual capital growth 4.82%, Number of sales 68, Weekly median advertised rent $520

Hope Island Unit: Median price $625,000, Annual capital growth -1.02%, Number of sales 619, Weekly median advertised rent $570

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2280th in the list of Australian suburbs ordered by increase in median house value over the last year, Hope Island, 4212 is in the BOTTOM 50% with a property value increase of 3.63% recorded in median house prices.

If we look at median property appreciation over just the last three months, Hope Island has given property investors a paper return of -0.39%. This puts Suburb as 571 on a list of fastest fasting appreciating suburbs in QLD

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 Hope Island, 4212. Typically our figures indicate that -5.05% is being offered, which puts this QLD suburb at 2499th most discounted overall in Australia.

Using the current median advertised rental of $520 and the average annual increase in value of a median property of 4.82%, investors should hope to achieve an overall return of 4.21%

If you compare the increase in value of investment property in Hope Island, 4212 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 12.41%.

While Hope Island,4212 ranked number 37th in QLD for increase in median house value (annualised) increase, it is ranked 24th over the last 5 years.

At number 87th of QLD’s most discounted properties, Hope Island is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Property investors should expect to get $570 weekly from the median priced house in this suburb.

HOUSE UNIT
$642,500 $625,000
-0.39% 4.17%
3.63% 12.41%
4.82% -1.02%
$520 $570
68 619
4.21% 4.74%
77.17 112.13

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 8481
Median household income ($/weekly) 1543
Median age of persons 45
Median housing loan repayment ($/monthly) 2650
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 964 11.4
    35-44 years 1169 13.8
    45-54 years 1429 16.8
    55-64 years 1410 16.6
    65-74 years 1042 12.3
    Others 2468 29.1
    Age Group
    Census Count Percent(%)
    Registered Married 3735 60.2
    Not Married 1802 29.0
    Defacto Relationship 667 10.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 4872 62.6
    Papua New Guinea 687 8.8
    South Africa 326 4.2
    United Kingdom 951 12.2
    Other 304 3.9
    Others 646 8.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 148 2.0
    Christianity 5709 75.6
    Islam 56 0.7
    Judaism 37 0.5
    No Religion 1549 20.5
    Others 49 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 248 8.8
    $1,250-$1,499 248 8.8
    $1,500-$1,999 334 11.8
    $2,000-$2,499 282 10.0
    $2,500-$2,999 330 11.6
    Others 1392 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2500 38.1
    Not in the labour force 2395 36.5
    Employed, worked part-time 1206 18.4
    Unemployed, looking for work 278 4.2
    Employed, away from work 189 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 871 22.4
    Professionals 717 18.4
    Technicians & trades workers 420 10.8
    Clerical & administrative workers 627 16.1
    Sales 497 12.8
    Others 762 19.6
    Occupation
    Census Count Percent(%)
    Pre-school 90 5.8
    Infants/Primary 594 38.6
    Secondary 433 28.1
    Technical or Further Educational Institution 132 8.6
    University or other Tertiary Institutions 242 15.7
    Others 48 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5149 67.9
    Semi-detached, row or terrace house, townhouse 1469 19.4
    Flat, unit or apartment 857 11.3
    Caravan, cabin, houseboat 105 1.4
    House or flat attached to a shop, office 6 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1063 34.2
    Rented 1053 33.9
    Being purchased 974 31.3
    Other tenure type 18 0.6
    Tenure Type
Census 2011, ABS
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