Suburb Profile Report for Silkstone QLD (4304)

Silkstone House: Median price $300,000, Annual capital growth 3.06%, Number of sales 82, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

Investment property in Silkstone has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.69%

If we look at median property appreciation over just the last three months, Silkstone has given property investors a paper return of 0.17%. This puts Suburb as 446 on a list of fastest fasting appreciating suburbs in QLD

The most recent median price for Silkstone is $300000, with sellers offering an average of -6.52% off the asking price.

A $300 per week rent on the median house gives suburb investors a gross yield of circa 5.20%, without taking into account capital value appreciation, which has been averaging out at 3.06%.

Metrics i HOUSE UNIT
$300,000 N/A
0.17% N/A
1.69% N/A
3.06% N/A
$300 N/A
82 N/A
5.20% N/A
73.05 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 3482
Median household income ($/weekly) 951
Median age of persons 37
Median housing loan repayment ($/monthly) 1599
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 423 12.1
    25-34 years 454 13.0
    35-44 years 426 12.2
    45-54 years 423 12.1
    55-64 years 383 11.0
    Others 1373 39.4
    Age Group
    Census Count Percent(%)
    Not Married 1155 44.4
    Registered Married 1147 44.1
    Defacto Relationship 298 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2933 87.6
    Indonesia 20 0.6
    Papua New Guinea 98 2.9
    United Kingdom 124 3.7
    Other 51 1.5
    Others 122 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 2402 74.4
    No Religion 760 23.5
    Other Religious Groups 26 0.8
    Buddhism 23 0.7
    Hinduism 19 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 146 12.0
    $400-$599 171 14.1
    $600-$799 133 10.9
    $800-$999 138 11.4
    $1,500-$1,999 145 11.9
    Others 482 39.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1150 42.8
    Employed, worked full-time 894 33.3
    Employed, worked part-time 442 16.4
    Unemployed, looking for work 129 4.8
    Employed, away from work 72 2.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 172 12.2
    Technicians & trades workers 243 17.3
    Community & personal service workers 194 13.8
    Clerical & administrative workers 210 14.9
    Labourers 227 16.1
    Others 362 25.7
    Occupation
    Census Count Percent(%)
    Pre-school 34 4.9
    Infants/Primary 277 39.7
    Secondary 195 27.9
    Technical or Further Educational Institution 77 11.0
    University or other Tertiary Institutions 85 12.2
    Others 30 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3166 95.4
    Flat, unit or apartment 132 4.0
    Semi-detached, row or terrace house, townhouse 19 0.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 449 34.2
    Rented 448 34.2
    Being purchased 405 30.9
    Other tenure type 9 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals