Suburb Profile Report for Centenary Heights QLD (4350)

Centenary Heights House: Median price $370,000, Annual capital growth 3.59%, Number of sales 114, Weekly median advertised rent $335

Centenary Heights Unit: Median price $355,000, Annual capital growth 3.80%, Number of sales 44, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Centenary Heights is in the bottom 40% in QLD when comparing median price capital growth over the last year. Centenary Heights gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.48%.

Taking the average capital gain, or increase in median house value, Centenary Heights,4350 has racked up an average of 0.48% over the period. This ranks it number 3008th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Centenary Heights is giving property investors an average Vendor Discount of around -5.51%. This puts suburb at number 505th in QLD when ranking the most discounted suburbs.

In the last year 114 properties changed hands in Centenary Heights, which puts it as the 202th most active market in QLD when comparing the number of sales per suburb.

Advertised rents are around the $335 mark per week – giving a return of 4.71% based on the median price in Suburb

Property value increases in Centenary Heights have tracked higher than the QLD average of 0.29% over the last 12 months.

Taking the average capital gain, or increase in median house value, Centenary Heights,4350 has racked up an average of 7.90% over the period. This ranks it number 1028th in the whole country for real estate investors looking at median house price increases.

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 -4.20% is being offered, which puts this QLD suburb at 938th most discounted overall in Australia.

Centenary Heights is 324th on a list of best yielding suburbs for rents in QLD with a 4.39% return

Metrics i HOUSE UNIT
$370,000 $355,000
0.75% -3.92%
0.48% 7.90%
3.59% 3.80%
$335 $300
114 44
4.71% 4.39%
65.27 90.39

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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