Suburb Profile Report for Silkstone QLD (4304)

Silkstone House: Median price $300,000, Annual capital growth 4.56%, Number of sales 89, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report

Silkstone is in the TOP 10% in QLD when comparing median price capital growth over the last year. Silkstone gave property investors a very good capital gain figure when compared to the rest of the state, with 16.17%.

If we look at median property appreciation over just the last three months, Silkstone has given property investors a paper return of 3.99%. This puts Suburb as 109 on a list of fastest fasting appreciating suburbs in QLD

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Silkstone, 4304. Typically our figures indicate that -6.52% is being offered, which puts this QLD suburb at 1481th most discounted overall in Australia.

Using the current median advertised rental of $290 and the average annual increase in value of a median property of 4.56%, investors should hope to achieve an overall return of 5.03%

HOUSE UNIT
$300,000 N/A
3.99% N/A
16.17% N/A
4.56% N/A
$290 N/A
89 N/A
5.03% N/A
61.96 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (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
Chart Table
Recent sales & rentals