Suburb Profile Report for Hope Island QLD (4212)

Hope Island House: Median price $1,150,000, Annual capital growth 7.44%, Number of sales 444, Weekly median advertised rent $840

Hope Island Unit: Median price $554,000, Annual capital growth 1.43%, Number of sales 356, Weekly median advertised rent $540

  • 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

Over the last year, property investments in Hope Island, 4212 have given investors a capital gain of 15.00%. This compares favourably with the 12.16% for QLD as a whole.

Hope Island,4212 was ranked 2412 in Australia by increase in median property value over the quarter.

At number 180th of QLD’s most discounted properties, Hope Island is in the bottom 30% of the state/territory when listing in order of most discounted to least.

In the last year 444 properties changed hands in Hope Island, which puts it as the 12th most active market in QLD when comparing the number of sales per suburb.

The QLD suburb of Hope Island, 4212 is in the Gold Coast (C) local government area.

Property value increases in Hope Island have tracked just lower than the QLD average of 8.71% over the last 12 months.

Hope Island,4212 was ranked 1581 in Australia by increase in median property value over the quarter.

Vendor discounting in Hope Island is giving property investors an average Vendor Discount of around -4.73%. This puts suburb at number 108th in QLD when ranking the most discounted suburbs.

Renters in Suburb are facing rents around $28080 per annum or $540 every week.

Metrics i HOUSE UNIT
$1,150,000 $554,000
3.60% -1.07%
15.00% 5.52%
7.44% 1.43%
$840 $540
444 356
3.80% 5.07%
91.0364372469636 87.0728476821192

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 : Above average (H), Good (U)
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Demographics
Total population 8481
Median household income ($/weekly) 1543
Median age of persons 45
Median housing loan repayment ($/monthly) 2650
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 964 11.4
    35-44 years 1169 13.8
    45-54 years 1429 16.8
    55-64 years 1410 16.6
    65-74 years 1042 12.3
    Others 2468 29.1
    Age Group
    Census Count Percent(%)
    Registered Married 3735 60.2
    Not Married 1802 29.0
    Defacto Relationship 667 10.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 4872 62.6
    Papua New Guinea 687 8.8
    South Africa 326 4.2
    United Kingdom 951 12.2
    Other 304 3.9
    Others 646 8.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 148 2.0
    Christianity 5709 75.6
    Islam 56 0.7
    Judaism 37 0.5
    No Religion 1549 20.5
    Others 49 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 248 8.8
    $1,250-$1,499 248 8.8
    $1,500-$1,999 334 11.8
    $2,000-$2,499 282 10.0
    $2,500-$2,999 330 11.6
    Others 1392 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2500 38.1
    Not in the labour force 2395 36.5
    Employed, worked part-time 1206 18.4
    Unemployed, looking for work 278 4.2
    Employed, away from work 189 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 871 22.4
    Professionals 717 18.4
    Technicians & trades workers 420 10.8
    Clerical & administrative workers 627 16.1
    Sales 497 12.8
    Others 762 19.6
    Occupation
    Census Count Percent(%)
    Pre-school 90 5.8
    Infants/Primary 594 38.6
    Secondary 433 28.1
    Technical or Further Educational Institution 132 8.6
    University or other Tertiary Institutions 242 15.7
    Others 48 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5149 67.9
    Semi-detached, row or terrace house, townhouse 1469 19.4
    Flat, unit or apartment 857 11.3
    Caravan, cabin, houseboat 105 1.4
    House or flat attached to a shop, office 6 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1063 34.2
    Rented 1053 33.9
    Being purchased 974 31.3
    Other tenure type 18 0.6
    Tenure Type
Census 2011, ABS
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