Suburb Profile Report for Harristown QLD (4350)

Harristown House: Median price $314,000, Annual capital growth 3.82%, Number of sales 146, Weekly median advertised rent $310

Harristown Unit: Median price $280,000, Annual capital growth 3.92%, Number of sales 33, Weekly median advertised rent $275

  • 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 Harristown, 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 -1.88%

A 18.49% growth in median value for property investors in Harristown,4350 puts this suburb at number 607th in terms of best performing suburbs in QLD

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 Harristown, 4350. Typically our figures indicate that -6.39% is being offered, which puts this QLD suburb at 1614th most discounted overall in Australia.

On average over the past year, suburb has had 12.17 sales per month, which equates to 146 per year.

A $310 per week rent on the median house gives suburb investors a gross yield of circa 5.13%, without taking into account capital value appreciation, which has been averaging out at 3.82%.

QLD has seen average median house prices change by 0.77% which means that Harristown, 4350 has done well for property investors by showing a capital gain of 29.63% over the last year

A 16.67% growth in median value for property investors in Harristown,4350 puts this suburb at number 10th in terms of best performing suburbs in QLD

The most recent median price for Harristown is $280000, with sellers offering an average of -8.40% off the asking price.

Advertised rents are around the $275 mark per week – giving a return of 5.11% based on the median price in Suburb

HOUSE UNIT
$314,000 $280,000
-1.10% 14.17%
-1.88% 29.63%
3.82% 3.92%
$310 $275
146 33
5.13% 5.11%
80.63 82.88

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 8490
Median household income ($/weekly) 830
Median age of persons 37
Median housing loan repayment ($/monthly) 1404
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 946 11.1
    25-34 years 1156 13.6
    35-44 years 920 10.8
    45-54 years 883 10.4
    55-64 years 801 9.4
    Others 3784 44.6
    Age Group
    Census Count Percent(%)
    Not Married 2785 46.7
    Registered Married 2601 43.6
    Defacto Relationship 576 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 6900 89.3
    Papua New Guinea 119 1.5
    Philippines 63 0.8
    United Kingdom 180 2.3
    Other 242 3.1
    Others 225 2.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 44 0.6
    Christianity 6213 81.6
    Islam 61 0.8
    Other Religious Groups 22 0.3
    No Religion 1251 16.4
    Others 26 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 391 12.9
    $400-$599 502 16.6
    $600-$799 406 13.4
    $1,000-$1,249 311 10.3
    $1,500-$1,999 342 11.3
    Others 1074 35.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2738 43.5
    Employed, worked full-time 2113 33.6
    Employed, worked part-time 1020 16.2
    Employed, away from work 211 3.4
    Unemployed, looking for work 207 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 526 15.7
    Technicians & trades workers 556 16.6
    Community & personal service workers 401 12.0
    Clerical & administrative workers 436 13.0
    Labourers 489 14.6
    Others 933 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 79 4.6
    Infants/Primary 590 34.6
    Secondary 502 29.5
    Technical or Further Educational Institution 158 9.3
    University or other Tertiary Institutions 309 18.1
    Others 66 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5900 77.7
    Flat, unit or apartment 946 12.5
    Semi-detached, row or terrace house, townhouse 674 8.9
    House or flat attached to a shop, office 43 0.6
    Caravan, cabin, houseboat 32 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1190 36.5
    Fully owned 1003 30.7
    Being purchased 900 27.6
    Other tenure type 171 5.2
    Tenure Type
Census 2011, ABS
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