Suburb Profile Report for Highland Park QLD (4211)

Highland Park House: Median price $552,500, Annual capital growth 2.95%, Number of sales 92, Weekly median advertised rent $518

Highland Park Unit: Median price $310,000, Annual capital growth 1.71%, Number of sales 19, Weekly median advertised rent $385

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

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

  • House Report
  • Unit Report

Investment property in Highland Park has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.15%

The five-year average increase in median property values for Highland Park,4211 has given property investors a potential capital gain of 26.00% across each of those five years.

Our latest figures would indicate that property sellers in Highland Park are currently offering property investors an average price cut of -4.38% below the asking price at the moment.

Advertised rents are around the $517.5 mark per week – giving a return of 4.87% based on the median price in Suburb

Giving property investors a an unimpressive capital gain of -2.82% for the last year, Highland Park, 4211 is the 1119th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Highland Park has given property investors a paper return of 1.14%. This puts Suburb as 136 on a list of fastest fasting appreciating suburbs in QLD

Often selling an investment property can take time, and in Highland Park the average time real estate has been on the market is 49.7692 days.

Renters in Suburb are facing rents around $20020 per annum or $385 every week.

Metrics i HOUSE UNIT
$552,500 $310,000
2.31% 1.14%
6.15% -2.82%
2.95% 1.71%
$518 $385
92 19
4.87% 6.46%
50.3888888888889 49.7692307692308

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

DSR Score for property investment : Very good (H), Very good (U)
Find a mortgage broker in Highland Park QLD
Demographics
Total population 6560
Median household income ($/weekly) 1216
Median age of persons 39
Median housing loan repayment ($/monthly) 1950
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 881 13.4
    25-34 years 769 11.7
    35-44 years 953 14.5
    45-54 years 973 14.8
    55-64 years 754 11.5
    Others 2231 34.0
    Age Group
    Census Count Percent(%)
    Registered Married 2523 52.5
    Not Married 1727 35.9
    Defacto Relationship 557 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 4346 70.5
    Papua New Guinea 676 11.0
    Philippines 48 0.8
    United Kingdom 430 7.0
    Other 220 3.6
    Others 448 7.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 99 1.7
    Christianity 4449 74.7
    Islam 23 0.4
    Other Religious Groups 25 0.4
    No Religion 1337 22.5
    Others 19 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 245 12.0
    $600-$799 215 10.6
    $800-$999 213 10.5
    $1,500-$1,999 314 15.4
    $2,000-$2,499 221 10.9
    Others 828 40.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1850 37.2
    Not in the labour force 1676 33.7
    Employed, worked part-time 1026 20.6
    Unemployed, looking for work 243 4.9
    Employed, away from work 178 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 466 15.3
    Technicians & trades workers 540 17.7
    Clerical & administrative workers 411 13.5
    Sales 373 12.2
    Labourers 352 11.5
    Others 913 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 92 6.3
    Infants/Primary 605 41.4
    Secondary 412 28.2
    Technical or Further Educational Institution 124 8.5
    University or other Tertiary Institutions 180 12.3
    Others 49 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5227 85.4
    Semi-detached, row or terrace house, townhouse 807 13.2
    Flat, unit or apartment 79 1.3
    House or flat attached to a shop, office 7 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1013 45.9
    Fully owned 734 33.2
    Rented 450 20.4
    Other tenure type 11 0.5
    Tenure Type
Census 2011, ABS
Chart Table