Suburb Profile Report for Auchenflower QLD (4066)

Auchenflower House: Median price $1,217,500, Annual capital growth 4.82%, Number of sales 65, Weekly median advertised rent $548

Auchenflower Unit: Median price $438,500, Annual capital growth 0.24%, Number of sales 71, Weekly median advertised rent $385

  • 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.

  • Expert Report
  • House Report
  • Unit Report

Investment property in Auchenflower has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.46%

Over the longer term, Auchenflower has seen property prices show investors a 29.52% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Auchenflower is $1217500, with sellers offering an average of -6.51% off the asking price.

Residents and property investors in Auchenflower have been waiting around 66.2188 days to sell a property.

A $547.5 per week rent on the median house gives suburb investors a gross yield of circa 2.34%, without taking into account capital value appreciation, which has been averaging out at 4.82%.

Investment property in Auchenflower has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -7.78%

Over the longer term, Auchenflower has seen property prices show investors a -1.46% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Auchenflower is offering property investors an average of -6.19. This rate of discount on properties puts Suburb at number 102th in terms of most discounted suburbs in QLD

Advertised rents are around the $385 mark per week – giving a return of 4.57% based on the median price in Suburb

YIP MAG Information supplied by:

YIP MAG
April 2016

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In Brisbane’s south east, Auchenflower has seen a mini explosion in the level of stock currently on market.

Compared to this time last year, stock on market in the suburb, which sits on the banks of the Brisbane River, is 35.8% higher.

For those interested, there are some aspects of Auchenflower that may make it a good area to take a closer look at.

The suburb is a short drive to the Brisbane CBD, while Auchenflower train station provides public transport links to the centre of the city, as well as suburbs further to the west.

Within the suburb itself there are three public and private hospitals. 

The University of Queensland is nearby, though there are few schools.

For those looking to buy in the area, the median house price in Auchenflower sits at $914,000, after going up by 24% over the past five years.
Metrics i HOUSE UNIT
$1,217,500 $438,500
8.56% -1.13%
1.46% -7.78%
4.82% 0.24%
$548 $385
65 71
2.34% 4.57%
66.21875 65.6

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), Above average (U)
Find a mortgage broker in Auchenflower QLD
Demographics
Total population 5351
Median household income ($/weekly) 1795
Median age of persons 30
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    20-24 years 903 16.9
    25-34 years 1287 24.0
    35-44 years 727 13.6
    45-54 years 553 10.3
    55-64 years 449 8.4
    Others 1433 26.8
    Age Group
    Census Count Percent(%)
    Not Married 2185 52.7
    Registered Married 1436 34.6
    Defacto Relationship 529 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3722 73.0
    Indonesia 105 2.1
    Papua New Guinea 186 3.6
    United Kingdom 230 4.5
    Other 266 5.2
    Others 591 11.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 115 2.4
    Christianity 2852 58.8
    Hinduism 100 2.1
    Islam 65 1.3
    No Religion 1670 34.4
    Others 50 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 185 9.4
    $1,500-$1,999 281 14.3
    $2,000-$2,499 172 8.8
    $2,500-$2,999 254 13.0
    $4,000 or more 191 9.7
    Others 876 44.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2129 47.7
    Employed, worked part-time 1047 23.5
    Not in the labour force 948 21.3
    Unemployed, looking for work 174 3.9
    Employed, away from work 162 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 406 12.2
    Professionals 1380 41.3
    Community & personal service workers 291 8.7
    Clerical & administrative workers 482 14.4
    Sales 284 8.5
    Others 497 14.9
    Occupation
    Census Count Percent(%)
    Infants/Primary 321 19.8
    Secondary 151 9.3
    Technical or Further Educational Institution 127 7.8
    University or other Tertiary Institutions 913 56.4
    Other type of educational institution 57 3.5
    Others 50 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2487 51.0
    Flat, unit or apartment 2083 42.7
    Semi-detached, row or terrace house, townhouse 309 6.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1084 50.8
    Being purchased 566 26.5
    Fully owned 473 22.2
    Other tenure type 11 0.5
    Tenure Type
Census 2011, ABS
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