Suburb Profile Report for Queenstown SA (5014)

Queenstown House: Median price $410,000, Annual capital growth 5.17%, Number of sales 19, Weekly median advertised rent $365

Queenstown Unit: Median price $325,000, Annual capital growth 6.61%, Number of sales 15, Weekly median advertised rent $278

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Queenstown, 5014 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this SA suburb was 10.36%.

The most recent median price for Queenstown is $410000, with sellers offering an average of -4.22% off the asking price.

Property investors should expect to get $365 weekly from the median priced house in this suburb.

If you compare the increase in value of investment property in Queenstown, 5014 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 26.95%.

A 19.27% growth in median value for property investors in Queenstown,5014 puts this suburb at number 169th in terms of best performing suburbs in SA

At number 54th of SA’s most discounted properties, Queenstown is in the bottom 40% of the state/territory when listing in order of most discounted to least.

In the last year 15 properties changed hands in Queenstown, which puts it as the 147th most active market in SA when comparing the number of sales per suburb.

A $277.5 per week rent on the median house gives suburb investors a gross yield of circa 4.44%, without taking into account capital value appreciation, which has been averaging out at 6.61%.

Metrics i HOUSE UNIT
$410,000 $325,000
N/A -11.44%
10.36% 26.95%
5.17% 6.61%
$365 $278
19 15
4.63% 4.44%
41.88 111.31

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (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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