Suburb Profile Report for Crestmead QLD (4132)

Crestmead House: Median price $338,250, Annual capital growth 1.85%, Number of sales 224, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Expert Report

Property investors who have had real estate in Crestmead, 4132 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.69%

Crestmead,4132 was ranked 1644 in Australia by increase in median property value over the quarter.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.74% offered to property buyers. Sellers in Crestmead itself are offering an average vendor discount of -4.21% to real estate investors.

Residents and property investors in Crestmead have been waiting around 55.07 days to sell a property.

Advertised rents are around the $350 mark per week – giving a return of 5.43% based on the median price in Suburb

Information supplied by:


November 2017

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The large suburb of Crestmead saw housing stock drop in the 12 months leading up to August 2017. This could serve to heighten demand, boosting house pricesFull summary

Housing supply goes down

Postcode: 4132

Median house price: $323,000

Stock on market: -29.6%

12-month growth: 1.2%

The large suburb of Crestmead saw housing stock drop in the 12 months leading up to August 2017. This could serve to heighten demand, boosting house prices.

The median value sits at a very low $323,000, with growth hovering around just 1%. Given the relatively short distance to the Brisbane CBD, Crestmead has remained in high demand. Moreover, it is an industrial centre in itself, being the site of the Crestmead Industrial Estate.

The suburb is also home to Crestmead Community Centre, which also contains health clinics and sets many community activities. Crestmead State School and St Francis College offer primary and secondary education. In addition, St Francis College has opened Numbellie Karulboo Community Centre, located on its grounds, for public use to educate residents about indigenous culture.

Close
Metrics i HOUSE UNIT
$338,250 N/A
0.97% N/A
5.70% N/A
1.85% N/A
$350 N/A
224 N/A
5.38% N/A
56.39 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 11209
Median household income ($/weekly) 1193
Median age of persons 27
Median housing loan repayment ($/monthly) 1733
Average household size 3.2
  • Census Count Percent(%)
    0-4 years 1274 11.4
    5-14 years 2056 18.3
    25-34 years 1907 17.0
    35-44 years 1486 13.3
    45-54 years 1278 11.4
    Others 3208 28.6
    Age Group
    Census Count Percent(%)
    Not Married 3145 42.9
    Registered Married 3106 42.4
    Defacto Relationship 1082 14.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 7772 73.3
    Papua New Guinea 1186 11.2
    Philippines 137 1.3
    United Kingdom 362 3.4
    Other 655 6.2
    Others 488 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 210 2.1
    Christianity 6753 67.1
    Islam 115 1.1
    Other Religious Groups 84 0.8
    No Religion 2821 28.0
    Others 75 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 348 11.8
    $1,000-$1,249 427 14.5
    $1,250-$1,499 352 11.9
    $1,500-$1,999 455 15.4
    $2,000-$2,499 337 11.4
    Others 1029 34.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3126 42.1
    Not in the labour force 2321 31.3
    Employed, worked part-time 1223 16.5
    Unemployed, looking for work 432 5.8
    Employed, away from work 323 4.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 762 16.3
    Community & personal service workers 479 10.3
    Clerical & administrative workers 664 14.2
    Machinery operators & drivers 844 18.1
    Labourers 801 17.1
    Others 1122 24.0
    Occupation
    Census Count Percent(%)
    Pre-school 199 7.3
    Infants/Primary 1288 47.0
    Secondary 796 29.1
    Technical or Further Educational Institution 214 7.8
    University or other Tertiary Institutions 180 6.6
    Others 62 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10611 99.0
    Semi-detached, row or terrace house, townhouse 93 0.9
    Flat, unit or apartment 13 0.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1498 45.8
    Rented 1337 40.9
    Fully owned 421 12.9
    Other tenure type 15 0.5
    Tenure Type
Census 2011, ABS
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