Suburb Profile Report for Highland Park QLD (4211)

Highland Park House: Median price $540,000, Annual capital growth 2.82%, Number of sales 105, Weekly median advertised rent $510

Highland Park Unit: Median price $307,500, Annual capital growth 1.04%, Number of sales 16, Weekly median advertised rent $370

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. 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 Highland Park, 4211 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.70%

Across a shorter period, Highland Park, 4211 has seen a median price increase of 1.79% over the last quarter.

At number 510th of QLD’s most discounted properties, Highland Park is in the TOP 30% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Highland Park have been waiting around 60.5612 days to sell a property.

With the median price for a house in Highland Park being $540000 and the advertised rent reaching $510 the gross rental yield for property investors calculates out to be 4.91%

With a capital gain of -3.00% for the last 12 months, Highland Park, 4211 has performed for property investments than its average annual 1.04% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Highland Park comes in at number 90th in QLD.

Using the current median advertised rental of $370 and the average annual increase in value of a median property of 1.04%, investors should hope to achieve an overall return of 6.26%

Metrics i HOUSE UNIT
$540,000 $307,500
1.79% -0.49%
-2.70% -3.00%
2.82% 1.04%
$510 $370
105 16
4.91% 6.26%
60.5612244897959 57.6428571428572

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

DSR Score for property investment : Good (H), Very good (U)
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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
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