Suburb Profile Report for Avenell Heights QLD (4670)

Avenell Heights House: Median price $281,250, Annual capital growth 2.20%, Number of sales 60, Weekly median advertised rent $288

Avenell Heights Unit: Median price $242,000, Annual capital growth 1.42%, Number of sales 30, Weekly median advertised rent $253

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.22% which means that Avenell Heights, 4670 has done well for property investors by showing a capital gain of 2.46% over the last year

Avenell Heights,4670 was ranked 2856 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Avenell Heights is offering property investors an average of -7.23. This rate of discount on properties puts Suburb at number 408th in terms of most discounted suburbs in QLD

With the median price for a house in Avenell Heights being $281250 and the advertised rent reaching $287.5 the gross rental yield for property investors calculates out to be 5.32%

If you compare the increase in value of investment property in Avenell Heights, 4670 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -2.22%.

Taking the average capital gain, or increase in median house value, Avenell Heights,4670 has racked up an average of -2.22% over the period. This ranks it number 1077th in the whole country for real estate investors looking at median house price increases.

At number 59th of QLD’s most discounted properties, Avenell Heights is in the bottom 20% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Avenell Heights have been waiting around 146.93 days to sell a property.

HOUSE UNIT
$281,250 $242,000
-0.88% 0.83%
2.46% -2.22%
2.20% 1.42%
$288 $253
60 30
5.32% 5.43%
52.96 146.93

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 5164
Median household income ($/weekly) 795
Median age of persons 41
Median housing loan repayment ($/monthly) 1350
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 700 13.6
    35-44 years 637 12.3
    45-54 years 654 12.7
    55-64 years 607 11.8
    65-74 years 556 10.8
    Others 2010 38.9
    Age Group
    Census Count Percent(%)
    Registered Married 1777 47.9
    Not Married 1601 43.2
    Defacto Relationship 330 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4432 90.5
    Papua New Guinea 73 1.5
    Philippines 33 0.7
    United Kingdom 165 3.4
    Other 52 1.1
    Others 142 2.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 18 0.4
    Christianity 3685 77.9
    Hinduism 10 0.2
    Islam 18 0.4
    No Religion 989 20.9
    Others 9 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 189 10.6
    $400-$599 305 17.1
    $600-$799 269 15.1
    $800-$999 172 9.7
    $1,500-$1,999 181 10.2
    Others 664 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1816 46.0
    Employed, worked full-time 1172 29.7
    Employed, worked part-time 657 16.7
    Unemployed, looking for work 199 5.0
    Employed, away from work 100 2.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 304 15.8
    Technicians & trades workers 288 14.9
    Clerical & administrative workers 264 13.7
    Sales 260 13.5
    Labourers 241 12.5
    Others 572 29.7
    Occupation
    Census Count Percent(%)
    Pre-school 45 4.3
    Infants/Primary 482 46.2
    Secondary 321 30.8
    Technical or Further Educational Institution 77 7.4
    University or other Tertiary Institutions 80 7.7
    Others 38 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4153 87.1
    Semi-detached, row or terrace house, townhouse 345 7.2
    Flat, unit or apartment 272 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 730 37.7
    Fully owned 674 34.8
    Being purchased 527 27.2
    Other tenure type 6 0.3
    Tenure Type
Census 2011, ABS
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