Suburb Profile Report for Heritage Park QLD (4118)

Heritage Park House: Median price $502,500, Annual capital growth 2.93%, Number of sales 90, Weekly median advertised rent $420

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Heritage Park, 4118 ranked 638th in QLD when comparing growth in median property values or capital gain over the last 12 months. Heritage Park is one of 2415 in our list for QLD

When looking at the potential capital gains offered to property investors over the last 3 years, Heritage Park comes in at number 599th in QLD.

State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.90% offered to property buyers. Sellers in Heritage Park itself are offering an average vendor discount of -2.96% to real estate investors.

Often selling an investment property can take time, and in Heritage Park the average time real estate has been on the market is 40.5517 days.

Heritage Park is 425th on a list of best yielding suburbs for rents in QLD with a 4.35% return

Metrics i HOUSE UNIT
$502,500 N/A
6.24% N/A
7.60% N/A
2.93% N/A
$420 N/A
90 N/A
4.35% N/A
40.551724137931 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 4873
Median household income ($/weekly) 1630
Median age of persons 32
Median housing loan repayment ($/monthly) 1950
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 831 17.0
    15-19 years 448 9.2
    25-34 years 590 12.1
    35-44 years 768 15.8
    45-54 years 763 15.7
    Others 1474 30.2
    Age Group
    Census Count Percent(%)
    Registered Married 1882 54.0
    Not Married 1243 35.7
    Defacto Relationship 360 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3415 72.5
    Papua New Guinea 417 8.9
    Philippines 53 1.1
    United Kingdom 301 6.4
    Other 225 4.8
    Others 300 6.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 52 1.1
    Christianity 3303 72.4
    Islam 83 1.8
    Other Religious Groups 68 1.5
    No Religion 1022 22.4
    Others 37 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 113 8.7
    $1,250-$1,499 136 10.5
    $1,500-$1,999 220 16.9
    $2,000-$2,499 221 17.0
    $2,500-$2,999 120 9.2
    Others 489 37.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1698 47.8
    Not in the labour force 868 24.4
    Employed, worked part-time 694 19.5
    Unemployed, looking for work 148 4.2
    Employed, away from work 143 4.0
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 442 17.4
    Clerical & administrative workers 506 19.9
    Sales 286 11.3
    Machinery operators & drivers 268 10.6
    Labourers 278 11.0
    Others 757 29.8
    Occupation
    Census Count Percent(%)
    Pre-school 71 5.6
    Infants/Primary 534 42.0
    Secondary 398 31.3
    Technical or Further Educational Institution 97 7.6
    University or other Tertiary Institutions 141 11.1
    Others 29 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4719 99.5
    Semi-detached, row or terrace house, townhouse 12 0.3
    Flat, unit or apartment 10 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 812 55.7
    Rented 342 23.5
    Fully owned 300 20.6
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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