Suburb Profile Report for Crestmead QLD (4132)

Crestmead House: Median price $323,000, Annual capital growth 0.86%, Number of sales 153, Weekly median advertised rent $355

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report

Crestmead is in the bottom 20% in QLD when comparing median price capital growth over the last year. Crestmead gave property investors a dismal capital gain figure when compared to the rest of the state, with -5.28%.

When looking at the potential capital gains offered to property investors over the last 3 years, Crestmead comes in at number 596th in QLD.

Crestmead4132 is located in QLD which offers an average discount of -7.03% to property investors. Crestmead itself is showing figures that indicate -6.98% is the average achievable by property buyers investing in the suburb.

Information supplied by:


November 2017

M
O

W
E

Housing supply goes down

Postcode: 4132

Median house price: $323,000

Stock on market: -29.6%

12-month growth: 1.2%

The large suburb of Crestmead saw housing stock drop in the 12 months leading up to August 2017. This could serve to heighten demand, boosting house prices.

The median value sits at a very low $323,000, with growth hovering around just 1%. Given the relatively short distance to the Brisbane CBD, Crestmead has remained in high demand. Moreover, it is an industrial centre in itself, being the site of the Crestmead Industrial Estate.

The suburb is also home to Crestmead Community Centre, which also contains health clinics and sets many community activities. Crestmead State School and St Francis College offer primary and secondary education. In addition, St Francis College has opened Numbellie Karulboo Community Centre, located on its grounds, for public use to educate residents about indigenous culture.

Metrics i HOUSE UNIT
$323,000 N/A
-1.37% N/A
-5.28% N/A
0.86% N/A
$355 N/A
153 N/A
5.72% N/A
74.1666666666667 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 11209
Median household income ($/weekly) 1193
Median age of persons 27
Median housing loan repayment ($/monthly) 1733
Average household size 3.2
  • Census Count Percent(%)
    0-4 years 1274 11.4
    5-14 years 2056 18.3
    25-34 years 1907 17.0
    35-44 years 1486 13.3
    45-54 years 1278 11.4
    Others 3208 28.6
    Age Group
    Census Count Percent(%)
    Not Married 3145 42.9
    Registered Married 3106 42.4
    Defacto Relationship 1082 14.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 7772 73.3
    Papua New Guinea 1186 11.2
    Philippines 137 1.3
    United Kingdom 362 3.4
    Other 655 6.2
    Others 488 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 210 2.1
    Christianity 6753 67.1
    Islam 115 1.1
    Other Religious Groups 84 0.8
    No Religion 2821 28.0
    Others 75 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 348 11.8
    $1,000-$1,249 427 14.5
    $1,250-$1,499 352 11.9
    $1,500-$1,999 455 15.4
    $2,000-$2,499 337 11.4
    Others 1029 34.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3126 42.1
    Not in the labour force 2321 31.3
    Employed, worked part-time 1223 16.5
    Unemployed, looking for work 432 5.8
    Employed, away from work 323 4.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 762 16.3
    Community & personal service workers 479 10.3
    Clerical & administrative workers 664 14.2
    Machinery operators & drivers 844 18.1
    Labourers 801 17.1
    Others 1122 24.0
    Occupation
    Census Count Percent(%)
    Pre-school 199 7.3
    Infants/Primary 1288 47.0
    Secondary 796 29.1
    Technical or Further Educational Institution 214 7.8
    University or other Tertiary Institutions 180 6.6
    Others 62 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10611 99.0
    Semi-detached, row or terrace house, townhouse 93 0.9
    Flat, unit or apartment 13 0.1
    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 1498 45.8
    Rented 1337 40.9
    Fully owned 421 12.9
    Other tenure type 15 0.5
    Tenure Type
Census 2011, ABS
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