Suburb Profile Report for Cleveland QLD (4163)

Cleveland House: Median price $590,000, Annual capital growth 1.89%, Number of sales 247, Weekly median advertised rent $490

Cleveland Unit: Median price $400,000, Annual capital growth 0.03%, Number of sales 125, Weekly median advertised rent $400

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 3079th in the list of Australian suburbs ordered by increase in median house value over the last year, Cleveland, 4163 is in the BOTTOM 30% with a property value increase of -6.35% recorded in median house prices.

Across a shorter period, Cleveland, 4163 has seen a median price increase of 0.85% over the last quarter.

At number 552th of QLD’s most discounted properties, Cleveland is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Cleveland, 4163’s gross rental yield is 4.32%

Cleveland is an average performer in QLD when comparing median price capital growth over the last year. Cleveland gave property investors a average capital gain figure when compared to the rest of the state, with 0.00%.

If we look at median property appreciation over just the last three months, Cleveland has given property investors a paper return of 2.56%. This puts Suburb as 55 on a list of fastest fasting appreciating suburbs in QLD

The most recent median price for Cleveland is $400000, with sellers offering an average of -7.55% off the asking price.

At number 1122 in a list of fastest selling suburbs, Cleveland is in the bottom 20% of suburbs in Australia with an average of days on market 106.739 for properties listed there.

Property investors should expect to get $400 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$590,000 $400,000
0.85% 2.56%
-6.35% 0.00%
1.89% 0.03%
$490 $400
247 125
4.32% 5.20%
76.6417910447761 106.739130434783

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 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 14413
Median household income ($/weekly) 1139
Median age of persons 46
Median housing loan repayment ($/monthly) 2000
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1513 10.5
    35-44 years 1594 11.1
    45-54 years 2172 15.1
    55-64 years 2221 15.4
    65-74 years 1562 10.8
    Others 5352 37.1
    Age Group
    Census Count Percent(%)
    Registered Married 5653 50.2
    Not Married 4666 41.5
    Defacto Relationship 932 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 9496 68.7
    Papua New Guinea 866 6.3
    South Africa 297 2.1
    United Kingdom 1716 12.4
    Other 475 3.4
    Others 982 7.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 224 1.7
    Christianity 9926 74.4
    Hinduism 53 0.4
    Other Religious Groups 55 0.4
    No Religion 3035 22.7
    Others 51 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 513 9.9
    $400-$599 595 11.5
    $600-$799 476 9.2
    $800-$999 472 9.1
    $1,500-$1,999 577 11.2
    Others 2534 49.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4677 39.4
    Employed, worked full-time 4284 36.1
    Employed, worked part-time 2150 18.1
    Employed, away from work 390 3.3
    Unemployed, looking for work 368 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 992 14.5
    Professionals 1284 18.8
    Technicians & trades workers 945 13.9
    Clerical & administrative workers 1171 17.2
    Sales 751 11.0
    Others 1679 24.6
    Occupation
    Census Count Percent(%)
    Pre-school 132 4.7
    Infants/Primary 1000 35.8
    Secondary 830 29.7
    Technical or Further Educational Institution 273 9.8
    University or other Tertiary Institutions 483 17.3
    Others 79 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10246 75.5
    Semi-detached, row or terrace house, townhouse 2340 17.2
    Flat, unit or apartment 967 7.1
    House or flat attached to a shop, office 13 0.1
    Caravan, cabin, houseboat 6 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2116 37.5
    Rented 1919 34.0
    Being purchased 1528 27.1
    Other tenure type 76 1.3
    Tenure Type
Census 2011, ABS
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