Suburb Profile Report for Darling Heights QLD (4350)

Darling Heights House: Median price $344,000, Annual capital growth 2.80%, Number of sales 59, Weekly median advertised rent $330

Darling Heights Unit: Median price $256,000, Annual capital growth 2.55%, Number of sales 12, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Darling Heights, 4350 have given investors a capital gain of -0.29%. This compares badly with the 2.44% for QLD as a whole.

While Darling Heights,4350 ranked number 248th in QLD for increase in median house value (annualised) increase, it is ranked 349th over the last 5 years.

Property investors looking for a bargain in Darling Heights should be aiming for at least -6.35% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $330 and the average annual increase in value of a median property of 2.80%, investors should hope to achieve an overall return of 4.99%

If you compare the increase in value of investment property in Darling Heights, 4350 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -21.95%.

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

LACK OF BUYER INTEREST may well be the reason that Darling Heights is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 124th in terms of most discounted suburbs in QLD

Metrics i HOUSE UNIT
$344,000 $256,000
1.78% -10.18%
-0.29% -21.95%
2.80% 2.55%
$330 $285
59 12
4.99% 5.79%
82.32 106.46

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 4922
Median household income ($/weekly) 1204
Median age of persons 27
Median housing loan repayment ($/monthly) 1582
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 601 12.2
    15-19 years 482 9.8
    20-24 years 665 13.5
    25-34 years 926 18.8
    35-44 years 552 11.2
    Others 1697 34.5
    Age Group
    Census Count Percent(%)
    Registered Married 1502 49.9
    Not Married 1230 40.9
    Defacto Relationship 277 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3426 72.7
    Croatia 94 2.0
    Indonesia 155 3.3
    Papua New Guinea 66 1.4
    Other 537 11.4
    Others 435 9.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 86 1.9
    Christianity 3163 69.3
    Hinduism 153 3.4
    Islam 320 7.0
    No Religion 781 17.1
    Others 61 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 143 10.9
    $600-$799 139 10.6
    $800-$999 132 10.1
    $1,000-$1,249 155 11.9
    $1,500-$1,999 215 16.4
    Others 524 40.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1325 35.1
    Not in the labour force 1278 33.8
    Employed, worked part-time 802 21.2
    Unemployed, looking for work 218 5.8
    Employed, away from work 154 4.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 479 21.0
    Technicians & trades workers 311 13.6
    Community & personal service workers 313 13.7
    Clerical & administrative workers 313 13.7
    Labourers 280 12.3
    Others 585 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 61 3.5
    Infants/Primary 429 24.4
    Secondary 258 14.7
    Technical or Further Educational Institution 106 6.0
    University or other Tertiary Institutions 870 49.6
    Others 31 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3506 86.5
    Flat, unit or apartment 318 7.8
    Semi-detached, row or terrace house, townhouse 229 5.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 608 42.0
    Being purchased 478 33.0
    Fully owned 361 24.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals