Suburb Profile Report for Sandstone Point QLD (4511)

Sandstone Point House: Median price $420,000, Annual capital growth 2.26%, Number of sales 113, Weekly median advertised rent $380

Sandstone Point Unit: Median price $360,000, Annual capital growth 2.14%, Number of sales 42, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Sandstone Point has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.44%

Sandstone Point,4511 was ranked 2584 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -4.33% to buyers in Sandstone Point at the moment, which is less than average for the rest of QLD.

Using the current median advertised rental of $380 and the average annual increase in value of a median property of 2.26%, investors should hope to achieve an overall return of 4.70%

Sandstone Point is in the bottom 10% in QLD when comparing median price capital growth over the last year. Sandstone Point gave property investors a dismal capital gain figure when compared to the rest of the state, with -14.28%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sandstone Point has fallen somewhat when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that Sandstone Point is offering property investors an average of -5.98. This rate of discount on properties puts Suburb at number 106th in terms of most discounted suburbs in QLD

Metrics i HOUSE UNIT
$420,000 $360,000
0.00% -2.69%
2.44% -14.28%
2.26% 2.14%
$380 N/A
113 42
4.70% N/A
65.78 141.38

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 3894
Median household income ($/weekly) 863
Median age of persons 51
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 431 11.1
    35-44 years 414 10.6
    45-54 years 417 10.7
    55-64 years 657 16.9
    65-74 years 762 19.6
    Others 1214 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 1832 61.6
    Not Married 923 31.0
    Defacto Relationship 220 7.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2992 80.0
    Greece 28 0.7
    Papua New Guinea 164 4.4
    United Kingdom 350 9.4
    Other 75 2.0
    Others 132 3.5
    Country of Birth
    Census Count Percent(%)
    Christianity 2824 77.9
    No Religion 758 20.9
    Buddhism 31 0.9
    Islam 6 0.2
    Other Religious Groups 6 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 264 18.7
    $600-$799 194 13.7
    $800-$999 193 13.7
    $1,000-$1,249 126 8.9
    $1,500-$1,999 131 9.3
    Others 503 35.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1745 55.2
    Employed, worked full-time 766 24.2
    Employed, worked part-time 449 14.2
    Unemployed, looking for work 116 3.7
    Employed, away from work 87 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 170 13.0
    Technicians & trades workers 216 16.6
    Community & personal service workers 160 12.3
    Clerical & administrative workers 181 13.9
    Sales 169 13.0
    Others 409 31.3
    Occupation
    Census Count Percent(%)
    Pre-school 45 6.5
    Infants/Primary 295 42.6
    Secondary 204 29.5
    Technical or Further Educational Institution 56 8.1
    University or other Tertiary Institutions 67 9.7
    Others 25 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3279 90.0
    Caravan, cabin, houseboat 177 4.9
    Semi-detached, row or terrace house, townhouse 154 4.2
    Flat, unit or apartment 27 0.7
    House or flat attached to a shop, office 7 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 761 49.7
    Being purchased 410 26.8
    Rented 356 23.3
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals