Suburb Profile Report for Darling Heights QLD (4350)

Darling Heights House: Median price $366,000, Annual capital growth 2.26%, Number of sales 101, Weekly median advertised rent $355

Darling Heights Unit: Median price $255,000, Annual capital growth 0.89%, Number of sales 15, Weekly median advertised rent $288

  • 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

With a capital gain of 9.25% for the last 12 months, Darling Heights, 4350 has performed for property investments than its average annual 2.26% property growth over the last 5 years.

A 5.70% growth in median value for property investors in Darling Heights,4350 puts this suburb at number 696th in terms of best performing suburbs in QLD

Property investors looking for a bargain in Darling Heights should be aiming for at least -3.83% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 101 properties changed hands in Darling Heights, which puts it as the 342th most active market in QLD when comparing the number of sales per suburb.

Using the current median advertised rental of $355 and the average annual increase in value of a median property of 2.26%, investors should hope to achieve an overall return of 5.04%

At number 895th in the list of Australian suburbs ordered by increase in median house value over the last year, Darling Heights, 4350 is in the BOTTOM 50% with a property value increase of 5.81% recorded in median house prices.

At number 1480 in a list of fastest selling suburbs, Darling Heights is in the bottom 10% of suburbs in Australia with an average of days on market 126.833 for properties listed there.

A $287.5 per week rent on the median house gives suburb investors a gross yield of circa 5.86%, without taking into account capital value appreciation, which has been averaging out at 0.89%.

Metrics i HOUSE UNIT
$366,000 $255,000
1.67% -3.77%
9.25% 5.81%
2.26% 0.89%
$355 $288
101 15
5.04% 5.86%
36.5657894736842 126.833333333333

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 : Good (U), Good (H)
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Demographics
Total population 4922
Median household income ($/weekly) 1204
Median age of persons 27
Median housing loan repayment ($/monthly) 1582
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 601 12.2
    15-19 years 482 9.8
    20-24 years 665 13.5
    25-34 years 926 18.8
    35-44 years 552 11.2
    Others 1697 34.5
    Age Group
    Census Count Percent(%)
    Registered Married 1502 49.9
    Not Married 1230 40.9
    Defacto Relationship 277 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3426 72.7
    Croatia 94 2.0
    Indonesia 155 3.3
    Papua New Guinea 66 1.4
    Other 537 11.4
    Others 435 9.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 86 1.9
    Christianity 3163 69.3
    Hinduism 153 3.4
    Islam 320 7.0
    No Religion 781 17.1
    Others 61 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 143 10.9
    $600-$799 139 10.6
    $800-$999 132 10.1
    $1,000-$1,249 155 11.9
    $1,500-$1,999 215 16.4
    Others 524 40.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1325 35.1
    Not in the labour force 1278 33.8
    Employed, worked part-time 802 21.2
    Unemployed, looking for work 218 5.8
    Employed, away from work 154 4.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 479 21.0
    Technicians & trades workers 311 13.6
    Community & personal service workers 313 13.7
    Clerical & administrative workers 313 13.7
    Labourers 280 12.3
    Others 585 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 61 3.5
    Infants/Primary 429 24.4
    Secondary 258 14.7
    Technical or Further Educational Institution 106 6.0
    University or other Tertiary Institutions 870 49.6
    Others 31 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3506 86.5
    Flat, unit or apartment 318 7.8
    Semi-detached, row or terrace house, townhouse 229 5.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 608 42.0
    Being purchased 478 33.0
    Fully owned 361 24.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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