Suburb Profile Report for Sandstone Point QLD (4511)

Sandstone Point House: Median price $453,250, Annual capital growth 1.48%, Number of sales 66, Weekly median advertised rent $420

Sandstone Point Unit: Median price $380,000, Annual capital growth 0.42%, Number of sales 21, Weekly median advertised rent N/A

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

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

  • House Report
  • Unit Report

Property value increases in Sandstone Point have tracked close to the QLD average of 1.66% over the last 12 months.

While Sandstone Point,4511 ranked number 400th in QLD for increase in median house value (annualised) increase, it is ranked 175th over the last 5 years.

Property buyers and investors in Sandstone Point 4511 should be seeing an average reduction in asking price of around -6.25% . This means that Sandstone Point is holding prices well when compared to other suburbs in QLD.

In the last year 66 properties changed hands in Sandstone Point, which puts it as the 347th most active market in QLD when comparing the number of sales per suburb.

Advertised rents are around the $420 mark per week – giving a return of 4.82% based on the median price in Suburb

Sandstone Point, 4511 ranked 189th in QLD when comparing growth in median property values or capital gain over the last 12 months. Sandstone Point is one of 2415 in our list for QLD

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Sandstone Point has increased when compared to the 5 year average annual rate.

Metrics i HOUSE UNIT
$453,250 $380,000
0.72% 0.00%
0.61% -2.06%
1.48% 0.42%
$420 N/A
66 21
4.82% N/A
79.9642857142857 139.083333333333

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

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 3894
Median household income ($/weekly) 863
Median age of persons 51
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 431 11.1
    35-44 years 414 10.6
    45-54 years 417 10.7
    55-64 years 657 16.9
    65-74 years 762 19.6
    Others 1214 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 1832 61.6
    Not Married 923 31.0
    Defacto Relationship 220 7.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2992 80.0
    Greece 28 0.7
    Papua New Guinea 164 4.4
    United Kingdom 350 9.4
    Other 75 2.0
    Others 132 3.5
    Country of Birth
    Census Count Percent(%)
    Christianity 2824 77.9
    No Religion 758 20.9
    Buddhism 31 0.9
    Islam 6 0.2
    Other Religious Groups 6 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 264 18.7
    $600-$799 194 13.7
    $800-$999 193 13.7
    $1,000-$1,249 126 8.9
    $1,500-$1,999 131 9.3
    Others 503 35.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1745 55.2
    Employed, worked full-time 766 24.2
    Employed, worked part-time 449 14.2
    Unemployed, looking for work 116 3.7
    Employed, away from work 87 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 170 13.0
    Technicians & trades workers 216 16.6
    Community & personal service workers 160 12.3
    Clerical & administrative workers 181 13.9
    Sales 169 13.0
    Others 409 31.3
    Occupation
    Census Count Percent(%)
    Pre-school 45 6.5
    Infants/Primary 295 42.6
    Secondary 204 29.5
    Technical or Further Educational Institution 56 8.1
    University or other Tertiary Institutions 67 9.7
    Others 25 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3279 90.0
    Caravan, cabin, houseboat 177 4.9
    Semi-detached, row or terrace house, townhouse 154 4.2
    Flat, unit or apartment 27 0.7
    House or flat attached to a shop, office 7 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 761 49.7
    Being purchased 410 26.8
    Rented 356 23.3
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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