Suburb Profile Report for Battery Hill QLD (4551)

Battery Hill House: Median price $565,000, Annual capital growth 4.03%, Number of sales 31, Weekly median advertised rent $455

Battery Hill Unit: Median price $282,000, Annual capital growth 0.92%, Number of sales 21, Weekly median advertised rent $340

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

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

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At number 2018th in the list of Australian suburbs ordered by increase in median house value over the last year, Battery Hill, 4551 is in the top half with a property value increase of -1.74% recorded in median house prices.

Battery Hill,4551 was ranked 2539 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -5.15% to buyers in Battery Hill at the moment, which is less than average for the rest of QLD.

Renters in Suburb are facing rents around $23660 per annum or $455 every week.

At number 678th in the list of Australian suburbs ordered by increase in median house value over the last year, Battery Hill, 4551 is in the top half with a property value increase of -1.05% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Battery Hill comes in at number 45th in QLD.

Sellers are offering property buyers an average discount of -6.78% to buyers in Battery Hill at the moment, which is less than average for the rest of QLD.

Often selling an investment property can take time, and in Battery Hill the average time real estate has been on the market is 62.5294 days.

A $340 per week rent on the median house gives suburb investors a gross yield of circa 6.27%, without taking into account capital value appreciation, which has been averaging out at 0.92%.

Information supplied by:


May 2018

M
O

W
E

Houses flourish on the coast

Postcode: 4551

Median house price: $541,250

Three-year growth: 24.4%

Rental yield: 4.3%

A suburb on Queensland’s booming Sunshine Coast, Battery Hill is enjoying the remarkable growth that comes with its location.

The suburb logged a 14.2% increase in house prices, bringing the median value to over $540,000. Such properties stay on the market for an average of only 30 days, suggesting the fierce competition happening here. Vendors set an average discount rate of just 2.7%, and investors gain an average rental return of 4.3%.

Battery Hill is nestled within the Caloundra urban centre. Thus, residents have access to schools like Caloundra State School, Caloundra Christian College and a campus of the Sunshine Coast Institute of TAFE. Stockland Caloundra and Caloundra Village Shopping Centre are nearby, along with numerous parks.

Metrics i HOUSE UNIT
$565,000 $282,000
-1.05% -0.35%
-1.74% -1.05%
4.03% 0.92%
$455 $340
31 21
4.19% 6.27%
57.6538461538462 62.5294117647059

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

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2588
Median household income ($/weekly) 898
Median age of persons 40
Median housing loan repayment ($/monthly) 1900
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 351 13.6
    25-34 years 296 11.4
    35-44 years 344 13.3
    45-54 years 350 13.5
    55-64 years 319 12.3
    Others 928 35.9
    Age Group
    Census Count Percent(%)
    Registered Married 933 48.6
    Not Married 812 42.3
    Defacto Relationship 174 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2037 82.6
    Papua New Guinea 130 5.3
    South Africa 23 0.9
    United Kingdom 122 4.9
    Other 43 1.7
    Others 110 4.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 0.6
    Christianity 1711 72.9
    Hinduism 5 0.2
    Other Religious Groups 13 0.6
    No Religion 598 25.5
    Others 7 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 91 10.1
    $400-$599 131 14.5
    $600-$799 118 13.1
    $800-$999 97 10.7
    $1,500-$1,999 115 12.7
    Others 352 38.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 797 40.0
    Employed, worked full-time 603 30.2
    Employed, worked part-time 425 21.3
    Unemployed, looking for work 100 5.0
    Employed, away from work 69 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 175 15.9
    Technicians & trades workers 203 18.5
    Community & personal service workers 148 13.5
    Clerical & administrative workers 147 13.4
    Sales 139 12.6
    Others 288 26.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 249 42.8
    Secondary 172 29.6
    Technical or Further Educational Institution 37 6.4
    University or other Tertiary Institutions 74 12.7
    Other type of educational institution 26 4.5
    Others 24 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1919 78.0
    Semi-detached, row or terrace house, townhouse 404 16.4
    Flat, unit or apartment 138 5.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 386 38.7
    Fully owned 337 33.8
    Being purchased 271 27.2
    Other tenure type 4 0.4
    Tenure Type
Census 2011, ABS
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