Suburb Profile Report for Cedar Vale QLD (4285)

Cedar Vale House: Median price $451,000, Annual capital growth 3.07%, Number of sales 60, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report

At number 3245th in the list of Australian suburbs ordered by increase in median house value over the last year, Cedar Vale, 4285 is in the BOTTOM 30% with a property value increase of -3.01% recorded in median house prices.

Across a shorter period, Cedar Vale, 4285 has seen a median price increase of -0.22% over the last 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 Cedar Vale itself are offering an average vendor discount of -6.50% to real estate investors.

A $480 per week rent on the median house gives suburb investors a gross yield of circa 5.53%, without taking into account capital value appreciation, which has been averaging out at 3.07%.

HOUSE UNIT
$451,000 N/A
-0.22% N/A
-3.01% N/A
3.07% N/A
$480 N/A
60 N/A
5.53% N/A
94.8 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2970
Median household income ($/weekly) 1556
Median age of persons 32
Median housing loan repayment ($/monthly) 2167
Average household size 3.2
  • Census Count Percent(%)
    0-4 years 290 9.8
    5-14 years 566 19.1
    25-34 years 369 12.4
    35-44 years 577 19.4
    45-54 years 405 13.6
    Others 763 25.7
    Age Group
    Census Count Percent(%)
    Registered Married 1123 57.2
    Not Married 604 30.7
    Defacto Relationship 238 12.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2390 84.2
    Greece 11 0.4
    Papua New Guinea 146 5.1
    United Kingdom 173 6.1
    Other 52 1.8
    Others 67 2.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 16 0.6
    Christianity 1866 70.2
    Islam 6 0.2
    Other Religious Groups 29 1.1
    No Religion 738 27.8
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 86 11.3
    $1,250-$1,499 74 9.7
    $1,500-$1,999 141 18.5
    $2,000-$2,499 116 15.2
    $2,500-$2,999 75 9.8
    Others 272 35.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 910 45.0
    Not in the labour force 532 26.3
    Employed, worked part-time 400 19.8
    Employed, away from work 99 4.9
    Unemployed, looking for work 82 4.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 153 10.9
    Technicians & trades workers 292 20.7
    Clerical & administrative workers 232 16.5
    Machinery operators & drivers 166 11.8
    Labourers 146 10.4
    Others 421 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 46 5.8
    Infants/Primary 381 48.0
    Secondary 238 30.0
    Technical or Further Educational Institution 49 6.2
    University or other Tertiary Institutions 56 7.1
    Others 23 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2802 99.5
    Flat, unit or apartment 8 0.3
    Semi-detached, row or terrace house, townhouse 6 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 620 71.5
    Fully owned 161 18.6
    Rented 83 9.6
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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