Suburb Profile Report for Hope Island QLD (4212)

Hope Island House: Median price $635,000, Annual capital growth 4.65%, Number of sales 66, Weekly median advertised rent $510

Hope Island Unit: Median price $627,500, Annual capital growth -0.73%, Number of sales 592, Weekly median advertised rent $580

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2524th in the list of Australian suburbs ordered by increase in median house value over the last year, Hope Island, 4212 is in the BOTTOM 40% with a property value increase of 2.42% recorded in median house prices.

Over the longer term, Hope Island has seen property prices show investors a 30.93% return over the last 3 years. This is worse than over the last 12 months

Hope Island, 4212 is offering QLD ‘s 587th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.

Property investors should expect to get $510 weekly from the median priced house in this suburb.

QLD has seen average median house prices change by 0.65% which means that Hope Island, 4212 has done well for property investors by showing a capital gain of 10.09% over the last year

A 33.51% growth in median value for property investors in Hope Island,4212 puts this suburb at number 52th in terms of best performing suburbs in QLD

Vendor discounting in Hope Island is giving property investors an average Vendor Discount of around -6.78%. This puts suburb at number 92th in QLD when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Hope Island the average time real estate has been on the market is 113.32 days.

Property investors should expect to get $580 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$635,000 $627,500
-1.40% 2.87%
2.42% 10.09%
4.65% -0.73%
$510 $580
66 592
4.18% 4.81%
74.16 113.32

Source: CoreLogic

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