Suburb Profile Report for St Lucia QLD (4067)

St Lucia House: Median price $1,130,000, Annual capital growth 3.81%, Number of sales 59, Weekly median advertised rent $590

St Lucia Unit: Median price $478,000, Annual capital growth 0.75%, Number of sales 151, Weekly median advertised rent $420

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

Investment property in St Lucia 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 -10.39%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in St Lucia has increased when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that St Lucia is offering property investors an average of -6.68. This rate of discount on properties puts Suburb at number 177th in terms of most discounted suburbs in QLD

St Lucia has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -4.40% to date .

The five-year average increase in median property values for St Lucia,4067 has given property investors a potential capital gain of 1.38% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that St Lucia is offering property investors an average of -5.94. This rate of discount on properties puts Suburb at number 146th in terms of most discounted suburbs in QLD

Information supplied by:


August 2017

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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.Full summary

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.

Close
Metrics i HOUSE UNIT
$1,130,000 $478,000
-1.53% -2.45%
-10.39% -4.40%
3.81% 0.75%
$590 $420
59 151
2.72% 4.57%
88.21 81.69

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in St Lucia QLD
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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