Suburb Profile Report for Cashmere QLD (4500)

Cashmere House: Median price $760,000, Annual capital growth 3.08%, Number of sales 61, Weekly median advertised rent $555

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

QLD has seen average median house prices change by 0.88% which means that Cashmere, 4500 has done well for property investors by showing a capital gain of 4.29% over the last year

Over the longer term, Cashmere has seen property prices show investors a 18.38% return over the last 3 years. This is worse than over the last 12 months

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cashmere, 4500. Typically our figures indicate that -4.45% is being offered, which puts this QLD suburb at 2796th most discounted overall in Australia.

A $555 per week rent on the median house gives suburb investors a gross yield of circa 3.80%, without taking into account capital value appreciation, which has been averaging out at 3.08%.

Metrics i HOUSE UNIT
$760,000 N/A
-1.23% N/A
4.29% N/A
3.08% N/A
$555 N/A
61 N/A
3.80% N/A
75.7454545454546 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 4650
Median household income ($/weekly) 2278
Median age of persons 35
Median housing loan repayment ($/monthly) 2275
Average household size 3.4
  • Census Count Percent(%)
    5-14 years 937 20.1
    15-19 years 417 9.0
    35-44 years 904 19.4
    45-54 years 809 17.4
    55-64 years 440 9.5
    Others 1144 24.6
    Age Group
    Census Count Percent(%)
    Registered Married 2150 67.2
    Not Married 856 26.8
    Defacto Relationship 192 6.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3593 78.9
    Papua New Guinea 164 3.6
    South Africa 149 3.3
    United Kingdom 390 8.6
    Other 85 1.9
    Others 170 3.7
    Country of Birth
    Census Count Percent(%)
    Christianity 3354 76.5
    No Religion 999 22.8
    Buddhism 13 0.3
    Hinduism 12 0.3
    Other Religious Groups 4 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 85 7.1
    $1,500-$1,999 164 13.7
    $2,000-$2,499 201 16.8
    $2,500-$2,999 214 17.9
    $3,000-$3,499 159 13.3
    Others 372 31.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1631 49.0
    Employed, worked part-time 811 24.4
    Not in the labour force 675 20.3
    Employed, away from work 117 3.5
    Unemployed, looking for work 94 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 414 16.2
    Professionals 568 22.2
    Technicians & trades workers 393 15.3
    Community & personal service workers 249 9.7
    Clerical & administrative workers 444 17.3
    Others 495 19.3
    Occupation
    Census Count Percent(%)
    Pre-school 73 4.9
    Infants/Primary 659 44.4
    Secondary 455 30.7
    Technical or Further Educational Institution 82 5.5
    University or other Tertiary Institutions 183 12.3
    Others 31 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4459 99.4
    Flat, unit or apartment 20 0.4
    Semi-detached, row or terrace house, townhouse 6 0.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 922 68.8
    Fully owned 313 23.3
    Rented 102 7.6
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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