Suburb Profile Report for Battery Hill QLD (4551)

Battery Hill House: Median price $489,500, Annual capital growth 3.54%, Number of sales 40, Weekly median advertised rent $440

Battery Hill Unit: Median price $260,000, Annual capital growth 1.57%, Number of sales 29, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

Battery Hill has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 2.51% to date .

Taking the average capital gain, or increase in median house value, Battery Hill,4551 has racked up an average of 2.51% over the period. This ranks it number 2364th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Battery Hill should be aiming for at least -3.26% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Battery Hill the average time real estate has been on the market is 40.13 days.

At number 791th in the list of Australian suburbs ordered by increase in median house value over the last year, Battery Hill, 4551 is in the top half with a property value increase of 4.00% recorded in median house prices.

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

LACK OF BUYER INTEREST may well be the reason that Battery Hill is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 252th in terms of most discounted suburbs in QLD

In the last year 29 properties changed hands in Battery Hill, which puts it as the 260th most active market in QLD when comparing the number of sales per suburb.

Battery Hill is 56th on a list of best yielding suburbs for rents in QLD with a 6.40% return

Metrics i HOUSE UNIT
$489,500 $260,000
2.09% -1.89%
2.51% 4.00%
3.54% 1.57%
$440 $320
40 29
4.67% 6.40%
40.13 94.04

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 2588
Median household income ($/weekly) 898
Median age of persons 40
Median housing loan repayment ($/monthly) 1900
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 351 13.6
    25-34 years 296 11.4
    35-44 years 344 13.3
    45-54 years 350 13.5
    55-64 years 319 12.3
    Others 928 35.9
    Age Group
    Census Count Percent(%)
    Registered Married 933 48.6
    Not Married 812 42.3
    Defacto Relationship 174 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2037 82.6
    Papua New Guinea 130 5.3
    South Africa 23 0.9
    United Kingdom 122 4.9
    Other 43 1.7
    Others 110 4.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 0.6
    Christianity 1711 72.9
    Hinduism 5 0.2
    Other Religious Groups 13 0.6
    No Religion 598 25.5
    Others 7 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 91 10.1
    $400-$599 131 14.5
    $600-$799 118 13.1
    $800-$999 97 10.7
    $1,500-$1,999 115 12.7
    Others 352 38.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 797 40.0
    Employed, worked full-time 603 30.2
    Employed, worked part-time 425 21.3
    Unemployed, looking for work 100 5.0
    Employed, away from work 69 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 175 15.9
    Technicians & trades workers 203 18.5
    Community & personal service workers 148 13.5
    Clerical & administrative workers 147 13.4
    Sales 139 12.6
    Others 288 26.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 249 42.8
    Secondary 172 29.6
    Technical or Further Educational Institution 37 6.4
    University or other Tertiary Institutions 74 12.7
    Other type of educational institution 26 4.5
    Others 24 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1919 78.0
    Semi-detached, row or terrace house, townhouse 404 16.4
    Flat, unit or apartment 138 5.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 386 38.7
    Fully owned 337 33.8
    Being purchased 271 27.2
    Other tenure type 4 0.4
    Tenure Type
Census 2011, ABS
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