Suburb Profile Report for Queenstown SA (5014)

Queenstown House: Median price $388,750, Annual capital growth 4.11%, Number of sales 26, Weekly median advertised rent $355

Queenstown Unit: Median price $368,500, Annual capital growth N/A, Number of sales 15, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2257th in the list of Australian suburbs ordered by increase in median house value over the last year, Queenstown, 5014 is in the BOTTOM 50% with a property value increase of 5.50% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Queenstown comes in at number 248th in SA.

Queenstown, 5014 is offering SA ‘s 347th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this SA.

Queenstown, 5014’s gross rental yield is 4.75%

Queenstown5014 is located in SA which offers an average discount of -6.27% to property investors. Queenstown itself is showing figures that indicate -6.34% is the average achievable by property buyers investing in the suburb.

In the last year 15 properties changed hands in Queenstown, which puts it as the 137th most active market in SA when comparing the number of sales per suburb.

Advertised rents are around the $260 mark per week – giving a return of 3.67% based on the median price in Suburb

Metrics i HOUSE UNIT
$388,750 $368,500
-5.18% 13.38%
5.50% N/A
4.11% N/A
$355 $260
26 15
4.75% 3.67%
56.36 112.71

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1804
Median household income ($/weekly) 790
Median age of persons 43
Median housing loan repayment ($/monthly) 1300
Average household size 2
  • Census Count Percent(%)
    25-34 years 260 14.4
    35-44 years 231 12.8
    45-54 years 277 15.3
    55-64 years 225 12.5
    65-74 years 177 9.8
    Others 635 35.2
    Age Group
    Census Count Percent(%)
    Not Married 747 52.1
    Registered Married 554 38.7
    Defacto Relationship 132 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1245 74.0
    Croatia 58 3.4
    Hong Kong 40 2.4
    United Kingdom 91 5.4
    Other 81 4.8
    Others 168 10.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 40 2.5
    Christianity 1024 63.6
    Islam 17 1.1
    Other Religious Groups 18 1.1
    No Religion 503 31.2
    Others 8 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 115 14.8
    $400-$599 122 15.7
    $600-$799 88 11.3
    $800-$999 81 10.4
    $1,000-$1,249 69 8.9
    Others 301 38.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 633 43.1
    Employed, worked full-time 486 33.1
    Employed, worked part-time 243 16.5
    Unemployed, looking for work 62 4.2
    Employed, away from work 45 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 123 15.9
    Technicians & trades workers 128 16.5
    Community & personal service workers 88 11.4
    Clerical & administrative workers 111 14.3
    Labourers 102 13.2
    Others 222 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 20 6.8
    Infants/Primary 115 39.0
    Secondary 60 20.3
    Technical or Further Educational Institution 39 13.2
    University or other Tertiary Institutions 47 15.9
    Others 14 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1183 70.4
    Flat, unit or apartment 271 16.1
    Semi-detached, row or terrace house, townhouse 200 11.9
    House or flat attached to a shop, office 27 1.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 308 37.4
    Fully owned 250 30.4
    Being purchased 239 29.0
    Other tenure type 26 3.2
    Tenure Type
Census 2011, ABS
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