Suburb Profile Report for Victoria Point QLD (4165)

Victoria Point House: Median price $515,500, Annual capital growth 1.61%, Number of sales 216, Weekly median advertised rent $470

Victoria Point Unit: Median price $375,000, Annual capital growth 1.88%, Number of sales 23, Weekly median advertised rent $405

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

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

  • House Report
  • Unit Report

At number 2370th in the list of Australian suburbs ordered by increase in median house value over the last year, Victoria Point, 4165 is in the BOTTOM 50% with a property value increase of -3.64% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Victoria Point comes in at number 635th in QLD.

Victoria Point, 4165 is offering QLD ‘s 418th 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.

Renters in Suburb are facing rents around $24440 per annum or $470 every week.

Victoria Point has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.56% to date .

Over the longer term, Victoria Point has seen property prices show investors a 2.88% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Victoria Point 4165 should be seeing an average reduction in asking price of around -4.16% . This means that Victoria Point is holding prices well when compared to other suburbs in QLD.

Often selling an investment property can take time, and in Victoria Point the average time real estate has been on the market is 91.4762 days.

Property investors should expect to get $405 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$515,500 $375,000
-2.09% 0.00%
-3.64% 1.56%
1.61% 1.88%
$470 $405
216 23
4.74% 5.62%
78.6820512820513 91.4761904761905

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 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 14816
Median household income ($/weekly) 1234
Median age of persons 41
Median housing loan repayment ($/monthly) 1950
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 2079 14.0
    35-44 years 1921 13.0
    45-54 years 2054 13.9
    55-64 years 1623 11.0
    65-74 years 1366 9.2
    Others 5774 39.0
    Age Group
    Census Count Percent(%)
    Registered Married 6092 56.0
    Not Married 3895 35.8
    Defacto Relationship 892 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 11082 77.4
    Papua New Guinea 779 5.4
    South Africa 185 1.3
    United Kingdom 1373 9.6
    Other 318 2.2
    Others 588 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 76 0.6
    Christianity 10683 77.4
    Hinduism 27 0.2
    Other Religious Groups 59 0.4
    No Religion 2933 21.2
    Others 29 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 598 12.7
    $600-$799 481 10.2
    $800-$999 416 8.9
    $1,500-$1,999 641 13.7
    $2,000-$2,499 538 11.5
    Others 2021 43.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4447 38.7
    Employed, worked full-time 4098 35.6
    Employed, worked part-time 2141 18.6
    Unemployed, looking for work 428 3.7
    Employed, away from work 390 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 755 11.4
    Professionals 902 13.6
    Technicians & trades workers 1193 18.0
    Clerical & administrative workers 1137 17.2
    Sales 735 11.1
    Others 1905 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 179 5.4
    Infants/Primary 1384 41.8
    Secondary 1019 30.8
    Technical or Further Educational Institution 266 8.0
    University or other Tertiary Institutions 377 11.4
    Others 87 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 12710 91.0
    Semi-detached, row or terrace house, townhouse 1171 8.4
    Flat, unit or apartment 75 0.5
    House or flat attached to a shop, office 10 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1826 35.6
    Fully owned 1780 34.7
    Rented 1309 25.5
    Other tenure type 220 4.3
    Tenure Type
Census 2011, ABS
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