Suburb Profile Report for Cleveland QLD (4163)

Cleveland House: Median price $712,000, Annual capital growth 3.64%, Number of sales 357, Weekly median advertised rent $508

Cleveland Unit: Median price $445,000, Annual capital growth 1.47%, Number of sales 238, Weekly median advertised rent $423

  • 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
  • Unit Report

Property investors who have had real estate in Cleveland, 4163 should be relatively pleased 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 14.84%

Over the longer term, Cleveland has seen property prices show investors a 13.38% return over the last 3 years. This is an improvement over the last 12 months

Cleveland, 4163 is offering QLD ‘s 374th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.

With the median price for a house in Cleveland being $712000 and the advertised rent reaching $507.5 the gross rental yield for property investors calculates out to be 3.71%

Over the last year, property investments in Cleveland, 4163 have given investors a capital gain of 7.23%. This compares averagely with the 8.71% for QLD as a whole.

Cleveland,4163 has offered an average of 7.23% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Cleveland is giving property investors an average Vendor Discount of around -4.08%. This puts suburb at number 149th in QLD when ranking the most discounted suburbs.

In the last year 238 properties changed hands in Cleveland, which puts it as the 31th most active market in QLD when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$712,000 $445,000
6.27% 4.15%
14.84% 7.23%
3.64% 1.47%
$508 $423
357 238
3.71% 4.94%
47.2217391304348 69.9565217391304

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), Good (H)
Find a mortgage broker in Cleveland QLD
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
Chart Table