Suburb Profile Report for Clifton Beach QLD (4879)

Clifton Beach House: Median price $510,000, Annual capital growth 2.73%, Number of sales 48, Weekly median advertised rent $460

Clifton Beach Unit: Median price $275,000, Annual capital growth -0.62%, Number of sales 30, Weekly median advertised rent $315

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Clifton Beach have tracked lower than the QLD average of 2.22% over the last 12 months.

Comparing Clifton Beach,4879 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

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 Clifton Beach itself are offering an average vendor discount of -6.59% to real estate investors.

At number 3207 in a list of fastest selling suburbs, Clifton Beach is in the bottom 20% of suburbs in Australia with an average of days on market 122.28 for properties listed there.

A $460 per week rent on the median house gives suburb investors a gross yield of circa 4.69%, without taking into account capital value appreciation, which has been averaging out at 2.73%.

Clifton Beach is in the TOP 20% in QLD when comparing median price capital growth over the last year. Clifton Beach gave property investors a very good capital gain figure when compared to the rest of the state, with 12.24%.

Taking the average capital gain, or increase in median house value, Clifton Beach,4879 has racked up an average of 12.24% over the period. This ranks it number 394th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Clifton Beach is $275000, with sellers offering an average of -9.29% off the asking price.

Often selling an investment property can take time, and in Clifton Beach the average time real estate has been on the market is 97.16 days.

A $315 per week rent on the median house gives suburb investors a gross yield of circa 5.96%, without taking into account capital value appreciation, which has been averaging out at -0.62%.

HOUSE UNIT
$510,000 $275,000
-3.77% 1.85%
-6.42% 12.24%
2.73% -0.62%
$460 $315
48 30
4.69% 5.96%
122.28 97.16

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 2979
Median household income ($/weekly) 1284
Median age of persons 41
Median housing loan repayment ($/monthly) 1950
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 409 13.7
    25-34 years 341 11.4
    35-44 years 453 15.2
    45-54 years 527 17.7
    55-64 years 446 15.0
    Others 804 27.0
    Age Group
    Census Count Percent(%)
    Registered Married 1117 52.7
    Not Married 668 31.5
    Defacto Relationship 336 15.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1949 69.7
    Greece 62 2.2
    Papua New Guinea 114 4.1
    United Kingdom 309 11.1
    Other 139 5.0
    Others 223 8.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 50 1.9
    Christianity 1647 62.2
    Judaism 14 0.5
    Other Religious Groups 16 0.6
    No Religion 907 34.3
    Others 14 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 101 10.0
    $600-$799 93 9.2
    $1,000-$1,249 110 10.9
    $1,250-$1,499 115 11.4
    $1,500-$1,999 136 13.5
    Others 455 45.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 901 40.1
    Not in the labour force 676 30.1
    Employed, worked part-time 482 21.4
    Employed, away from work 100 4.4
    Unemployed, looking for work 90 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 201 13.5
    Professionals 337 22.7
    Technicians & trades workers 197 13.3
    Community & personal service workers 187 12.6
    Clerical & administrative workers 190 12.8
    Others 372 25.1
    Occupation
    Census Count Percent(%)
    Pre-school 19 2.9
    Infants/Primary 284 43.7
    Secondary 155 23.8
    Technical or Further Educational Institution 46 7.1
    University or other Tertiary Institutions 130 20.0
    Others 16 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2026 72.7
    Flat, unit or apartment 620 22.3
    Semi-detached, row or terrace house, townhouse 139 5.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 495 43.6
    Being purchased 322 28.3
    Fully owned 313 27.6
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals