Suburb Profile Report for Centenary Heights QLD (4350)

Centenary Heights House: Median price $367,000, Annual capital growth 4.42%, Number of sales 145, Weekly median advertised rent $330

Centenary Heights Unit: Median price $329,000, Annual capital growth 2.08%, Number of sales 24, Weekly median advertised rent $270

  • 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 1.94%.

Comparing Centenary Heights,4350 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -4.38% to buyers in Centenary Heights at the moment, which is less than average for the rest of QLD.

Property value increases in Centenary Heights have tracked just higher than the QLD average of 0.77% over the last 12 months.

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 Centenary Heights, 4350. Typically our figures indicate that -5.13% is being offered, which puts this QLD suburb at 728th most discounted overall in Australia.

Using the current median advertised rental of $270 and the average annual increase in value of a median property of 2.08%, investors should hope to achieve an overall return of 4.27%

HOUSE UNIT
$367,000 $329,000
0.00% N/A
1.94% 2.81%
4.42% 2.08%
$330 $270
145 24
4.68% 4.27%
57.38 76.4

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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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