Suburb Profile Report for Eight Mile Plains QLD (4113)

Eight Mile Plains House: Median price $755,000, Annual capital growth 2.72%, Number of sales 102, Weekly median advertised rent $500

Eight Mile Plains Unit: Median price $368,500, Annual capital growth 0.11%, Number of sales 79, Weekly median advertised rent $430

  • 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

Property investors who have had real estate in Eight Mile Plains, 4113 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.67%

Taking the average capital gain, or increase in median house value, Eight Mile Plains,4113 has racked up an average of 0.67% over the period. This ranks it number 3247th in the whole country for real estate investors looking at median house price increases.

Eight Mile Plains4113 is located in QLD which offers an average discount of -6.78% to property investors. Eight Mile Plains itself is showing figures that indicate -4.87% is the average achievable by property buyers investing in the suburb.

Situated 13.89km from the CBD, Eight Mile Plains is one of Brisbane (C) localities in the postcode 4113.

Over the last year, property investments in Eight Mile Plains, 4113 have given investors a capital gain of -4.29%. This compares badly with the 0.65% for QLD as a whole.

Comparing Eight Mile Plains,4113 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Our latest figures would indicate that property sellers in Eight Mile Plains are currently offering property investors an average price cut of -5.45% below the asking price at the moment.

In the last year 79 properties changed hands in Eight Mile Plains, which puts it as the 75th most active market in QLD when comparing the number of sales per suburb.

Situated 13.91km from the CBD, Eight Mile Plains is one of Brisbane (C) localities in the postcode 4113.

Metrics i HOUSE UNIT
$755,000 $368,500
1.75% -0.41%
0.67% -4.29%
2.72% 0.11%
$500 $430
102 79
3.44% 6.07%
71.5131578947368 97.9677419354839

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), Good (U)
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Demographics
Total population 13378
Median household income ($/weekly) 1471
Median age of persons 32
Median housing loan repayment ($/monthly) 2000
Average household size 2.9
  • Census Count Percent(%)
    20-24 years 1447 10.8
    25-34 years 2561 19.1
    35-44 years 1758 13.1
    45-54 years 1717 12.8
    55-64 years 1556 11.6
    Others 4340 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 5312 50.8
    Not Married 4491 42.9
    Defacto Relationship 659 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 6425 49.7
    Croatia 1001 7.7
    Lebanon 791 6.1
    Papua New Guinea 545 4.2
    Other 1328 10.3
    Others 2842 22.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 872 7.0
    Christianity 7301 58.9
    Hinduism 410 3.3
    Islam 470 3.8
    No Religion 2970 24.0
    Others 364 2.9
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 352 8.6
    $1,250-$1,499 345 8.5
    $1,500-$1,999 547 13.4
    $2,000-$2,499 431 10.6
    $2,500-$2,999 393 9.6
    Others 2012 49.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4208 39.4
    Not in the labour force 3474 32.5
    Employed, worked part-time 2150 20.1
    Unemployed, looking for work 485 4.5
    Employed, away from work 365 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 784 11.7
    Professionals 1802 26.8
    Technicians & trades workers 827 12.3
    Clerical & administrative workers 1129 16.8
    Sales 627 9.3
    Others 1553 23.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 880 24.8
    Secondary 720 20.3
    Technical or Further Educational Institution 331 9.3
    University or other Tertiary Institutions 1328 37.4
    Other type of educational institution 154 4.3
    Others 141 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9715 76.0
    Semi-detached, row or terrace house, townhouse 2466 19.3
    Caravan, cabin, houseboat 578 4.5
    Flat, unit or apartment 11 0.1
    House or flat attached to a shop, office 5 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1488 33.7
    Rented 1463 33.1
    Fully owned 1444 32.7
    Other tenure type 20 0.5
    Tenure Type
Census 2011, ABS
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