Suburb Profile Report for St Lucia QLD (4067)

St Lucia House: Median price $1,208,500, Annual capital growth 4.79%, Number of sales 65, Weekly median advertised rent $645

St Lucia Unit: Median price $500,000, Annual capital growth 1.42%, Number of sales 140, Weekly median advertised rent $440

  • 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.

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  • House Report
  • Unit Report

With a capital gain of 6.01% for the last 12 months, St Lucia, 4067 has performed for property investments than its average annual 4.79% property growth over the last 5 years.

St Lucia,4067 has offered an average of 6.01% return per annum in house price rises to property investors over the last three years.

Vendor discounting in St Lucia is giving property investors an average Vendor Discount of around -7.32%. This puts suburb at number 229th in QLD when ranking the most discounted suburbs.

Residents and property investors in St Lucia have been waiting around 53.8654 days to sell a property.

A $645 per week rent on the median house gives suburb investors a gross yield of circa 2.80%, without taking into account capital value appreciation, which has been averaging out at 4.79%.

At number 264th in the list of Australian suburbs ordered by increase in median house value over the last year, St Lucia, 4067 is in the top 20% with a property value increase of 6.95% recorded in median house prices.

If we look at median property appreciation over just the last three months, St Lucia has given property investors a paper return of 5.49%. This puts Suburb as 26 on a list of fastest fasting appreciating suburbs in QLD

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.43% offered to property buyers. Sellers in St Lucia itself are offering an average vendor discount of -5.42% to real estate investors.

With the median price for a house in St Lucia being $500000 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 4.58%

Information supplied by:


August 2017

M
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W
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University of Queensland home sees unit boost

Postcode: 4067

Median unit price: $450,000

Stock on market: 33.6%

12-month growth: -2.70% 

The residential suburb of St Lucia is widely regarded as one of the prime suburbs in Brisbane. Nonetheless, its apartment market is recording a reasonable median price of just $450,000, given the boost in stock.

Both house and unit supply increased in the year leading up to May 2017, although unit stock rose by a greater margin. This could benefit those looking to tap into the student population at the University of Queensland. The presence of the university makes St Lucia a significant transport hub, with buses, a ferry and bike trails. Several major roads lead to the institution as well. 

The suburb is also home to Ironside State School, a primary school, which could attract families with younger children. And despite being mainly residential, St Lucia houses many small shopping hubs. It is also the site of one of the oldest golf courses in Brisbane.

Metrics i HOUSE UNIT
$1,208,500 $500,000
6.95% 5.49%
6.01% 6.95%
4.79% 1.42%
$645 $440
65 140
2.80% 4.58%
53.8653846153846 82.8571428571429

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 : Balanced (H), Above average (U)
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Demographics
Total population 11194
Median household income ($/weekly) 1315
Median age of persons 23
Median housing loan repayment ($/monthly) 2167
Average household size 2.5
  • Census Count Percent(%)
    15-19 years 1890 16.9
    20-24 years 3335 29.8
    25-34 years 1908 17.0
    35-44 years 832 7.4
    55-64 years 784 7.0
    Others 2446 21.8
    Age Group
    Census Count Percent(%)
    Not Married 4683 62.4
    Registered Married 2278 30.3
    Defacto Relationship 547 7.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 5874 55.7
    Croatia 629 6.0
    Malta 553 5.2
    Singapore 461 4.4
    Other 775 7.4
    Others 2248 21.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 593 5.9
    Christianity 4964 49.4
    Hinduism 199 2.0
    Islam 592 5.9
    No Religion 3608 35.9
    Others 101 1.0
    Religious Affiliation
  • Census Count Percent(%)
    Negative/Nil income 267 8.5
    $400-$599 250 7.9
    $1,250-$1,499 254 8.1
    $1,500-$1,999 359 11.4
    $2,500-$2,999 345 10.9
    Others 1677 53.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4355 44.6
    Employed, worked full-time 2168 22.2
    Employed, worked part-time 2165 22.2
    Unemployed, looking for work 761 7.8
    Employed, away from work 319 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 411 8.8
    Professionals 1981 42.6
    Community & personal service workers 565 12.1
    Clerical & administrative workers 610 13.1
    Sales 512 11.0
    Others 575 12.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 422 6.8
    Secondary 234 3.7
    Technical or Further Educational Institution 91 1.5
    University or other Tertiary Institutions 5370 85.9
    Other type of educational institution 70 1.1
    Others 64 1.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 4211 49.5
    Separate house 3684 43.3
    Semi-detached, row or terrace house, townhouse 595 7.0
    House or flat attached to a shop, office 13 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1945 56.7
    Fully owned 952 27.8
    Being purchased 521 15.2
    Other tenure type 12 0.3
    Tenure Type
Census 2011, ABS
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