Suburb Profile Report for Darling Heights QLD (4350)

Darling Heights House: Median price $345,000, Annual capital growth 3.01%, Number of sales 52, Weekly median advertised rent $330

Darling Heights Unit: Median price $318,500, Annual capital growth 9.32%, Number of sales 10, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Darling Heights, 4350 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.43%

Darling Heights,4350 was ranked 2184 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Darling Heights are currently offering property investors an average price cut of -6.01% below the asking price at the moment.

On average over the past year, suburb has had 4.33 sales per month, which equates to 52 per year.

The QLD suburb of Darling Heights, 4350 is in the Toowoomba local government area.

Investment property in Darling Heights has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 24.90%

Taking the average capital gain, or increase in median house value, Darling Heights,4350 has racked up an average of 24.90% over the period. This ranks it number 453th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Darling Heights is $318500, with sellers offering an average of -8.38% off the asking price.

Residents and property investors in Darling Heights have been waiting around 116.9 days to sell a property.

With the median price for a house in Darling Heights being $318500 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 4.73%

HOUSE UNIT
$345,000 $318,500
0.58% -2.90%
-1.43% 24.90%
3.01% 9.32%
$330 $290
52 10
4.97% 4.73%
64.69 116.9

Source: CoreLogic

DSR Score for property investment : Balanced (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