Suburb Profile Report for Svensson Heights QLD (4670)

Svensson Heights House: Median price $230,000, Annual capital growth 2.14%, Number of sales 50, Weekly median advertised rent $280

Svensson Heights Unit: Median price $183,750, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $300

  • 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 Svensson Heights, 4670 should be 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 -11.54%

Svensson Heights,4670 was ranked 3901 in Australia by increase in median property value over the quarter.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.23% offered to property buyers. Sellers in Svensson Heights itself are offering an average vendor discount of -7.05% to real estate investors.

With the median price for a house in Svensson Heights being $230000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 6.33%

Property investors should expect to get $300 weekly from the median priced house in this suburb.

HOUSE UNIT
$230,000 $183,750
-8.00% N/A
-11.54% N/A
2.14% N/A
$280 $300
50 10
6.33% 8.49%
58.22 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Above average (H)
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Demographics
Total population 3204
Median household income ($/weekly) 773
Median age of persons 42
Median housing loan repayment ($/monthly) 1404
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 403 12.6
    25-34 years 353 11.0
    35-44 years 366 11.4
    45-54 years 381 11.9
    65-74 years 398 12.4
    Others 1303 40.7
    Age Group
    Census Count Percent(%)
    Registered Married 1064 46.2
    Not Married 1043 45.3
    Defacto Relationship 196 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2777 91.0
    Papua New Guinea 55 1.8
    South Africa 12 0.4
    United Kingdom 85 2.8
    Other 46 1.5
    Others 77 2.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 0.8
    Christianity 2284 76.9
    Hinduism 7 0.2
    Other Religious Groups 13 0.4
    No Religion 639 21.5
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 124 10.5
    $400-$599 206 17.5
    $600-$799 176 14.9
    $800-$999 118 10.0
    $1,500-$1,999 125 10.6
    Others 430 36.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1183 47.5
    Employed, worked full-time 678 27.3
    Employed, worked part-time 427 17.2
    Unemployed, looking for work 126 5.1
    Employed, away from work 74 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 162 13.7
    Technicians & trades workers 176 14.9
    Community & personal service workers 154 13.1
    Clerical & administrative workers 150 12.7
    Labourers 179 15.2
    Others 359 30.4
    Occupation
    Census Count Percent(%)
    Pre-school 39 6.2
    Infants/Primary 247 39.5
    Secondary 191 30.5
    Technical or Further Educational Institution 51 8.1
    University or other Tertiary Institutions 66 10.5
    Others 32 5.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2632 89.9
    Flat, unit or apartment 257 8.8
    Semi-detached, row or terrace house, townhouse 28 1.0
    House or flat attached to a shop, office 11 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 452 36.4
    Fully owned 442 35.6
    Being purchased 343 27.6
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals