Suburb Profile Report for Sandgate QLD (4017)

Sandgate House: Median price $710,000, Annual capital growth 2.93%, Number of sales 64, Weekly median advertised rent $480

Sandgate Unit: Median price $397,500, Annual capital growth -2.41%, Number of sales 16, Weekly median advertised rent $345

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Sandgate is in the bottom 20% in QLD when comparing median price capital growth over the last year. Sandgate gave property investors a dismal capital gain figure when compared to the rest of the state, with -5.33%.

Sandgate,4017 was ranked 1679 in Australia by increase in median property value over the quarter.

The most recent median price for Sandgate is $710000, with sellers offering an average of -5.78% off the asking price.

Residents and property investors in Sandgate have been waiting around 62.4231 days to sell a property.

Using the current median advertised rental of $480 and the average annual increase in value of a median property of 2.93%, investors should hope to achieve an overall return of 3.52%

If you compare the increase in value of investment property in Sandgate, 4017 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -24.32%.

If we look at median property appreciation over just the last three months, Sandgate has given property investors a paper return of -4.22%. This puts Suburb as 303 on a list of fastest fasting appreciating suburbs in QLD

Situated 17.06km from the CBD, Sandgate is one of Brisbane (C) localities in the postcode 4017.

Metrics i HOUSE UNIT
$710,000 $397,500
1.43% -4.22%
-5.33% -24.32%
2.93% -2.41%
$480 $345
64 16
3.52% 4.51%
62.4230769230769 91.4

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 4625
Median household income ($/weekly) 1195
Median age of persons 43
Median housing loan repayment ($/monthly) 2000
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 559 12.1
    25-34 years 380 8.2
    35-44 years 756 16.3
    45-54 years 709 15.3
    55-64 years 508 11.0
    Others 1714 37.1
    Age Group
    Census Count Percent(%)
    Registered Married 1487 46.5
    Not Married 1383 43.2
    Defacto Relationship 330 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3604 80.9
    Italy 26 0.6
    Papua New Guinea 171 3.8
    United Kingdom 333 7.5
    Other 118 2.6
    Others 205 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 43 1.0
    Christianity 3008 73.4
    Islam 6 0.1
    Other Religious Groups 24 0.6
    No Religion 1012 24.7
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 161 10.1
    $400-$599 192 12.1
    $1,500-$1,999 170 10.7
    $2,000-$2,499 143 9.0
    $2,500-$2,999 166 10.4
    Others 761 47.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1469 40.1
    Employed, worked full-time 1282 35.0
    Employed, worked part-time 694 18.9
    Unemployed, looking for work 116 3.2
    Employed, away from work 104 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 294 14.2
    Professionals 514 24.8
    Technicians & trades workers 261 12.6
    Community & personal service workers 226 10.9
    Clerical & administrative workers 341 16.4
    Others 440 21.2
    Occupation
    Census Count Percent(%)
    Pre-school 38 4.0
    Infants/Primary 371 39.3
    Secondary 276 29.2
    Technical or Further Educational Institution 74 7.8
    University or other Tertiary Institutions 157 16.6
    Others 28 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3452 84.9
    Flat, unit or apartment 446 11.0
    Semi-detached, row or terrace house, townhouse 157 3.9
    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(%)
    Rented 643 37.7
    Being purchased 567 33.3
    Fully owned 479 28.1
    Other tenure type 15 0.9
    Tenure Type
Census 2011, ABS
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