Suburb Profile Report for Eastern Heights QLD (4305)

Eastern Heights House: Median price $320,000, Annual capital growth 2.00%, Number of sales 75, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Eastern Heights, 4305 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 7.38%.

Comparing Eastern Heights,4305 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in Eastern Heights should be aiming for at least -5.56% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Eastern Heights being $320000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 4.71%

Metrics i HOUSE UNIT
$320,000 N/A
-0.31% N/A
7.38% N/A
2.00% N/A
$290 N/A
75 N/A
4.71% N/A
44.28 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (U)
Find a mortgage broker in Eastern Heights QLD
Demographics
Total population 3736
Median household income ($/weekly) 1043
Median age of persons 39
Median housing loan repayment ($/monthly) 1534
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 450 12.0
    25-34 years 470 12.6
    35-44 years 440 11.8
    45-54 years 453 12.1
    55-64 years 395 10.6
    Others 1528 40.9
    Age Group
    Census Count Percent(%)
    Registered Married 1228 47.1
    Not Married 1132 43.4
    Defacto Relationship 248 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3085 89.7
    Papua New Guinea 75 2.2
    Philippines 20 0.6
    United Kingdom 121 3.5
    Other 46 1.3
    Others 92 2.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 28 0.9
    Christianity 2495 75.8
    Hinduism 14 0.4
    Other Religious Groups 9 0.3
    No Religion 740 22.5
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 157 12.6
    $600-$799 147 11.8
    $800-$999 140 11.3
    $1,000-$1,249 123 9.9
    $1,500-$1,999 160 12.9
    Others 516 41.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1157 41.6
    Employed, worked full-time 953 34.3
    Employed, worked part-time 459 16.5
    Unemployed, looking for work 123 4.4
    Employed, away from work 89 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 290 19.4
    Technicians & trades workers 227 15.2
    Community & personal service workers 196 13.1
    Clerical & administrative workers 204 13.6
    Labourers 172 11.5
    Others 408 27.3
    Occupation
    Census Count Percent(%)
    Pre-school 49 6.8
    Infants/Primary 270 37.3
    Secondary 208 28.8
    Technical or Further Educational Institution 60 8.3
    University or other Tertiary Institutions 115 15.9
    Others 21 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3142 94.8
    Flat, unit or apartment 92 2.8
    Semi-detached, row or terrace house, townhouse 81 2.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 484 36.0
    Being purchased 449 33.4
    Rented 387 28.8
    Other tenure type 23 1.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals