Suburb Profile Report for Centenary Heights QLD (4350)

Centenary Heights House: Median price $365,000, Annual capital growth 4.01%, Number of sales 137, Weekly median advertised rent $330

Centenary Heights Unit: Median price $324,000, Annual capital growth 2.28%, Number of sales 26, Weekly median advertised rent $265

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Centenary Heights, 4350 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.00%.

When looking at the potential capital gains offered to property investors over the last 3 years, Centenary Heights comes in at number 473th in QLD.

Centenary Heights4350 is located in QLD which offers an average discount of -7.29% to property investors. Centenary Heights itself is showing figures that indicate -4.57% is the average achievable by property buyers investing in the suburb.

At number 983 in a list of fastest selling suburbs, Centenary Heights is in the TOP 30% of suburbs in Australia with an average of days on market 62.61 for properties listed there.

A $330 per week rent on the median house gives suburb investors a gross yield of circa 4.70%, without taking into account capital value appreciation, which has been averaging out at 4.01%.

At number 1209th in the list of Australian suburbs ordered by increase in median house value over the last year, Centenary Heights, 4350 is in the BOTTOM 40% with a property value increase of -1.52% recorded in median house prices.

While Centenary Heights,4350 ranked number 251th in QLD for increase in median house value (annualised) increase, it is ranked 72th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Centenary Heights is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 258th in terms of most discounted suburbs in QLD

Centenary Heights, 4350’s gross rental yield is 4.25%

HOUSE UNIT
$365,000 $324,000
-0.68% -1.52%
0.00% -1.52%
4.01% 2.28%
$330 $265
137 26
4.70% 4.25%
62.61 64.27

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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Demographics
Total population 5878
Median household income ($/weekly) 985
Median age of persons 39
Median housing loan repayment ($/monthly) 1517
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 724 12.3
    25-34 years 722 12.3
    35-44 years 786 13.4
    45-54 years 686 11.7
    55-64 years 734 12.5
    Others 2227 37.9
    Age Group
    Census Count Percent(%)
    Registered Married 2195 50.0
    Not Married 1887 43.0
    Defacto Relationship 306 7.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4901 86.6
    Papua New Guinea 99 1.7
    South Africa 53 0.9
    United Kingdom 143 2.5
    Other 181 3.2
    Others 281 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 72 1.3
    Christianity 4376 80.0
    Hinduism 27 0.5
    Islam 36 0.7
    No Religion 933 17.1
    Others 28 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 283 13.0
    $600-$799 289 13.3
    $800-$999 255 11.7
    $1,000-$1,249 221 10.2
    $1,500-$1,999 317 14.6
    Others 811 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1758 38.0
    Not in the labour force 1700 36.8
    Employed, worked part-time 880 19.0
    Employed, away from work 168 3.6
    Unemployed, looking for work 118 2.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 579 20.6
    Technicians & trades workers 434 15.5
    Community & personal service workers 310 11.0
    Clerical & administrative workers 444 15.8
    Labourers 335 11.9
    Others 705 25.1
    Occupation
    Census Count Percent(%)
    Pre-school 46 3.5
    Infants/Primary 502 38.6
    Secondary 355 27.3
    Technical or Further Educational Institution 124 9.5
    University or other Tertiary Institutions 231 17.8
    Others 43 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4942 88.5
    Semi-detached, row or terrace house, townhouse 326 5.8
    Flat, unit or apartment 311 5.6
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 884 37.4
    Rented 761 32.2
    Being purchased 718 30.3
    Other tenure type 3 0.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals