Suburb Profile Report for Park Avenue QLD (4701)

Park Avenue House: Median price $205,000, Annual capital growth -2.06%, Number of sales 56, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

Investment property in Park Avenue has done 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 -10.87%

Over the longer term, Park Avenue has seen property prices show investors a -26.79% return over the last 3 years. This is an improvement over the last 12 months

At number 65th of QLD’s most discounted properties, Park Avenue is in the bottom 10% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Park Avenue have been waiting around 107.88 days to sell a property.

Renters in Suburb are facing rents around $3120 per annum or $260 every week.

Metrics i HOUSE UNIT
$205,000 N/A
-2.38% N/A
-10.87% N/A
-2.06% N/A
$260 N/A
56 N/A
6.60% N/A
107.88 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 5366
Median household income ($/weekly) 995
Median age of persons 36
Median housing loan repayment ($/monthly) 1523
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 634 11.8
    25-34 years 772 14.4
    35-44 years 627 11.7
    45-54 years 626 11.7
    55-64 years 607 11.3
    Others 2100 39.1
    Age Group
    Census Count Percent(%)
    Not Married 1748 46.1
    Registered Married 1576 41.6
    Defacto Relationship 466 12.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4586 92.8
    Papua New Guinea 71 1.4
    Philippines 42 0.8
    United Kingdom 55 1.1
    Other 76 1.5
    Others 113 2.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 38 0.8
    Christianity 3619 76.2
    Islam 18 0.4
    Other Religious Groups 28 0.6
    No Religion 1032 21.7
    Others 12 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 177 9.8
    $400-$599 275 15.2
    $600-$799 193 10.7
    $1,000-$1,249 192 10.6
    $1,500-$1,999 230 12.7
    Others 737 40.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1574 39.5
    Not in the labour force 1440 36.2
    Employed, worked part-time 674 16.9
    Unemployed, looking for work 148 3.7
    Employed, away from work 145 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 294 12.3
    Technicians & trades workers 428 17.9
    Community & personal service workers 265 11.1
    Clerical & administrative workers 352 14.7
    Labourers 373 15.6
    Others 683 28.5
    Occupation
    Census Count Percent(%)
    Pre-school 37 4.0
    Infants/Primary 397 42.6
    Secondary 293 31.4
    Technical or Further Educational Institution 79 8.5
    University or other Tertiary Institutions 97 10.4
    Others 29 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4477 90.9
    Flat, unit or apartment 255 5.2
    Semi-detached, row or terrace house, townhouse 186 3.8
    House or flat attached to a shop, office 7 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 720 36.0
    Fully owned 641 32.1
    Being purchased 595 29.8
    Other tenure type 43 2.2
    Tenure Type
Census 2011, ABS
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