Suburb Profile Report for Hope Island QLD (4212)

Hope Island House: Median price $635,000, Annual capital growth 4.92%, Number of sales 62, Weekly median advertised rent $510

Hope Island Unit: Median price $618,000, Annual capital growth -0.86%, Number of sales 600, Weekly median advertised rent $590

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Hope Island have tracked just lower than the QLD average of 2.51% over the last 12 months.

Across a shorter period, Hope Island, 4212 has seen a median price increase of -1.55% over the last quarter.

Our latest figures would indicate that property sellers in Hope Island are currently offering property investors an average price cut of -4.97% below the asking price at the moment.

Residents and property investors in Hope Island have been waiting around 72.56 days to sell a property.

A $510 per week rent on the median house gives suburb investors a gross yield of circa 4.18%, without taking into account capital value appreciation, which has been averaging out at 4.92%.

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 4.75%.

If we look at median property appreciation over just the last three months, Hope Island has given property investors a paper return of -2.68%. This puts Suburb as 284 on a list of fastest fasting appreciating suburbs in QLD

The most recent median price for Hope Island is $618000, with sellers offering an average of -6.93% off the asking price.

Hope Island, 4212’s gross rental yield is 4.96%

Metrics i HOUSE UNIT
$635,000 $618,000
-1.55% -2.68%
0.79% 4.75%
4.92% -0.86%
$510 $590
62 600
4.18% 4.96%
72.56 110.71

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
Chart Table
Recent sales & rentals