Suburb Profile Report for Aspley QLD (4034)

Aspley House: Median price $620,000, Annual capital growth 3.17%, Number of sales 168, Weekly median advertised rent $465

Aspley Unit: Median price $381,550, Annual capital growth 0.63%, Number of sales 30, Weekly median advertised rent $420

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

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

  • House Report
  • Unit Report

Investment property in Aspley has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.33%

Taking the average capital gain, or increase in median house value, Aspley,4034 has racked up an average of 3.33% over the period. This ranks it number 2104th in the whole country for real estate investors looking at median house price increases.

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 Aspley, 4034. Typically our figures indicate that -6.65% is being offered, which puts this QLD suburb at 1649th most discounted overall in Australia.

Residents and property investors in Aspley have been waiting around 61.283 days to sell a property.

Using the current median advertised rental of $465 and the average annual increase in value of a median property of 3.17%, investors should hope to achieve an overall return of 3.90%

Aspley is an average performer in QLD when comparing median price capital growth over the last year. Aspley gave property investors a average capital gain figure when compared to the rest of the state, with 0.67%.

Over the longer term, Aspley has seen property prices show investors a -1.92% return over the last 3 years. This is an improvement over the last 12 months

Our latest figures would indicate that property sellers in Aspley are currently offering property investors an average price cut of -6.45% below the asking price at the moment.

Often selling an investment property can take time, and in Aspley the average time real estate has been on the market is 50.24 days.

The QLD suburb of Aspley, 4034 is in the Brisbane (C) local government area.

Metrics i HOUSE UNIT
$620,000 $381,550
0.00% -1.54%
3.33% 0.67%
3.17% 0.63%
$465 $420
168 30
3.90% 5.72%
61.2830188679245 50.24

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

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 12594
Median household income ($/weekly) 1371
Median age of persons 40
Median housing loan repayment ($/monthly) 2100
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1420 11.3
    25-34 years 1538 12.2
    35-44 years 1714 13.6
    45-54 years 1655 13.1
    55-64 years 1534 12.2
    Others 4733 37.6
    Age Group
    Census Count Percent(%)
    Registered Married 4945 50.6
    Not Married 4065 41.6
    Defacto Relationship 769 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 9317 76.8
    Indonesia 181 1.5
    Papua New Guinea 549 4.5
    United Kingdom 539 4.4
    Other 426 3.5
    Others 1118 9.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 143 1.2
    Christianity 8832 75.9
    Hinduism 153 1.3
    Other Religious Groups 97 0.8
    No Religion 2317 19.9
    Others 88 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 448 10.2
    $600-$799 376 8.5
    $1,500-$1,999 543 12.3
    $2,000-$2,499 475 10.8
    $2,500-$2,999 415 9.4
    Others 2156 48.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3970 39.8
    Not in the labour force 3488 35.0
    Employed, worked part-time 1822 18.3
    Employed, away from work 390 3.9
    Unemployed, looking for work 308 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 714 11.6
    Professionals 1526 24.7
    Technicians & trades workers 723 11.7
    Clerical & administrative workers 1142 18.5
    Sales 683 11.1
    Others 1389 22.5
    Occupation
    Census Count Percent(%)
    Pre-school 128 4.9
    Infants/Primary 970 37.2
    Secondary 680 26.1
    Technical or Further Educational Institution 177 6.8
    University or other Tertiary Institutions 560 21.5
    Others 94 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10043 82.9
    Semi-detached, row or terrace house, townhouse 1514 12.5
    Caravan, cabin, houseboat 425 3.5
    Flat, unit or apartment 130 1.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1782 37.5
    Being purchased 1580 33.3
    Rented 1157 24.4
    Other tenure type 228 4.8
    Tenure Type
Census 2011, ABS
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