Suburb Profile Report for Hope Island QLD (4212)

Hope Island House: Median price $645,000, Annual capital growth 5.01%, Number of sales 73, Weekly median advertised rent $520

Hope Island Unit: Median price $630,000, Annual capital growth -0.87%, Number of sales 609, Weekly median advertised rent $550

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

Source: CoreLogic

  • House Report
  • Unit Report

Hope Island is in the TOP 30% in QLD when comparing median price capital growth over the last year. Hope Island gave property investors a good capital gain figure when compared to the rest of the state, with 7.06%.

Hope Island,4212 was ranked 2400 in Australia by increase in median property value over the quarter.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.29% offered to property buyers. Sellers in Hope Island itself are offering an average vendor discount of -6.31% to real estate investors.

At number 1898 in a list of fastest selling suburbs, Hope Island is just in the top half of suburbs in Australia with an average of days on market 82.18 for properties listed there.

Hope Island is 557th on a list of best yielding suburbs for rents in QLD with a 4.19% return

Over the last year, property investments in Hope Island, 4212 have given investors a capital gain of 13.51%. This compares very favourably with the 1.12% for QLD as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Hope Island comes in at number 22th in QLD.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Hope Island itself are offering an average vendor discount of -6.98% to real estate investors.

Often selling an investment property can take time, and in Hope Island the average time real estate has been on the market is 112.03 days.

HOUSE UNIT
$645,000 $630,000
0.31% 4.54%
7.06% 13.51%
5.01% -0.87%
$520 $550
73 609
4.19% 4.54%
82.18 112.03

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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