Suburb Profile Report for Hendra QLD (4011)

Hendra House: Median price $995,250, Annual capital growth 5.51%, Number of sales 100, Weekly median advertised rent $630

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

Source: CoreLogic

  • House Report
  • Expert Report

Hendra has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 4.76% to date .

Across a shorter period, Hendra, 4011 has seen a median price increase of -0.48% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Hendra, 4011. Typically our figures indicate that -10.99% is being offered, which puts this QLD suburb at 196th most discounted overall in Australia.

Residents and property investors in Hendra have been waiting around 68 days to sell a property.

Using the current median advertised rental of $630 and the average annual increase in value of a median property of 5.51%, investors should hope to achieve an overall return of 3.29%

Information supplied by:


July 2017

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Hendra’s average vacancy rate went up from 2.12% in 2016 to 2.43% this year. This could be an example of Brisbane’s recent property market issues.Full summary

Dining district sees declining occupancy
Median house price: $953,000
Vacancy rate: 2.43%
Three-year growth: 27.07% 

A suburb that began as a fruit and dairy farming district, Hendra is a bustling foodie hub, being home to numerous restaurants, cafes and pubs. It is also just 6km from Brisbane, and is a family-oriented community. This distinction is supported by the presence of Hendra Secondary College. 

Several recreational parks and bike paths line the suburb, with some running along Kedron Brook. The suburb is home to the Doomben Racecourse as well. Neighbouring suburbs and the CBD are highly accessible through the many public transport services, including a link to the northern train line via Hendra station. Bus services are also offered, and residents are close to Brisbane’s airport.

Nonetheless, these advantages have not stopped Hendra’s vacancy rates from rising, as the average rate went up from 2.12% in 2016 to 2.43% this year. This could be an example of Brisbane’s recent property market issues. 
 

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Metrics i HOUSE UNIT
$995,250 N/A
-0.48% N/A
4.76% N/A
5.51% N/A
$630 N/A
100 N/A
3.29% N/A
68 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 4416
Median household income ($/weekly) 1894
Median age of persons 39
Median housing loan repayment ($/monthly) 2427
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 576 13.0
    25-34 years 553 12.5
    35-44 years 659 14.9
    45-54 years 740 16.8
    55-64 years 511 11.6
    Others 1378 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 1567 48.6
    Not Married 1337 41.4
    Defacto Relationship 322 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3306 79.5
    Papua New Guinea 179 4.3
    South Africa 49 1.2
    United Kingdom 210 5.0
    Other 135 3.2
    Others 281 6.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 40 1.0
    Christianity 3199 79.4
    Islam 20 0.5
    Other Religious Groups 29 0.7
    No Religion 714 17.7
    Others 25 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 149 10.4
    $2,000-$2,499 118 8.3
    $2,500-$2,999 223 15.6
    $3,000-$3,499 125 8.8
    $4,000 or more 137 9.6
    Others 674 47.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1593 47.4
    Not in the labour force 926 27.5
    Employed, worked part-time 619 18.4
    Employed, away from work 137 4.1
    Unemployed, looking for work 88 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 433 18.5
    Professionals 618 26.4
    Technicians & trades workers 231 9.9
    Clerical & administrative workers 378 16.1
    Sales 224 9.6
    Others 461 19.7
    Occupation
    Census Count Percent(%)
    Pre-school 57 5.6
    Infants/Primary 402 39.1
    Secondary 265 25.8
    Technical or Further Educational Institution 53 5.2
    University or other Tertiary Institutions 231 22.5
    Others 19 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3704 89.8
    Semi-detached, row or terrace house, townhouse 293 7.1
    Flat, unit or apartment 118 2.9
    House or flat attached to a shop, office 9 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 565 36.1
    Fully owned 548 35.0
    Rented 447 28.5
    Other tenure type 6 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals