Suburb Profile Report for Acacia Ridge QLD (4110)

Acacia Ridge House: Median price $395,000, Annual capital growth 2.11%, Number of sales 88, Weekly median advertised rent $375

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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QLD has seen average median house prices change by 0.88% which means that Acacia Ridge, 4110 has done well for property investors by showing a capital gain of -3.66% over the last year

Taking the average capital gain, or increase in median house value, Acacia Ridge,4110 has racked up an average of -3.66% over the period. This ranks it number 2503th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Acacia Ridge 4110 should be seeing an average reduction in asking price of around -7.48% . This means that Acacia Ridge is holding prices well when compared to other suburbs in QLD.

Information supplied by:


March 2019

M
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Buyers snap up houses quickly

Postcode: 4110

Median unit price: $406,500

Three-year growth: 12.2%

Rental yield: 4.6%

Acacia Ridge is primarily residential, although an industrial pocket has been set up in the eastern part of the suburb. Automobile giant Toyota has established its managerial and distribution headquarters within the southern Queensland region here; moreover, one of the biggest railway freight yards in the state is located here.

There are several schools in Acacia Ridge, such as Watson Road State School, Acacia Ridge State School and Murri School.

House value growth rates have remained positive up to December 2018, although growth has slowed since 2013 with the average annual growth rate comes in at 2.2%. Nonetheless, houses are affordable, at a median price of $406,500, and sell quickly in 26 days on average.

Metrics i HOUSE UNIT
$395,000 N/A
0.00% N/A
-3.66% N/A
2.11% N/A
$375 N/A
88 N/A
4.94% N/A
57.948051948052 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 6944
Median household income ($/weekly) 966
Median age of persons 34
Median housing loan repayment ($/monthly) 1613
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 946 13.6
    25-34 years 1072 15.4
    35-44 years 945 13.6
    45-54 years 843 12.1
    55-64 years 679 9.8
    Others 2459 35.4
    Age Group
    Census Count Percent(%)
    Not Married 2492 49.8
    Registered Married 1994 39.9
    Defacto Relationship 517 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4277 66.4
    Indonesia 134 2.1
    Papua New Guinea 263 4.1
    United Kingdom 263 4.1
    Other 781 12.1
    Others 721 11.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 127 2.1
    Christianity 4187 67.7
    Hinduism 123 2.0
    Islam 382 6.2
    No Religion 1294 20.9
    Others 72 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 270 12.4
    $600-$799 254 11.7
    $800-$999 244 11.2
    $1,000-$1,249 250 11.5
    $1,500-$1,999 280 12.8
    Others 881 40.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2179 42.8
    Employed, worked full-time 1714 33.6
    Employed, worked part-time 753 14.8
    Unemployed, looking for work 278 5.5
    Employed, away from work 171 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 315 11.9
    Technicians & trades workers 414 15.7
    Clerical & administrative workers 420 15.9
    Machinery operators & drivers 365 13.8
    Labourers 412 15.6
    Others 714 27.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 564 36.9
    Secondary 434 28.4
    Technical or Further Educational Institution 209 13.7
    University or other Tertiary Institutions 195 12.8
    Other type of educational institution 64 4.2
    Others 63 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6137 94.8
    Semi-detached, row or terrace house, townhouse 305 4.7
    Flat, unit or apartment 30 0.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1051 44.6
    Being purchased 731 31.0
    Fully owned 563 23.9
    Other tenure type 14 0.6
    Tenure Type
Census 2011, ABS
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