Suburb Profile Report for Battery Hill QLD (4551)

Battery Hill House: Median price $578,000, Annual capital growth 2.86%, Number of sales 44, Weekly median advertised rent $450

Battery Hill Unit: Median price $285,000, Annual capital growth 1.19%, Number of sales 29, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Over the last year, property investments in Battery Hill, 4551 have given investors a capital gain of 11.96%. This compares very favourably with the 2.46% for QLD as a whole.

Comparing Battery Hill,4551 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for Battery Hill is $578000, with sellers offering an average of -2.78% off the asking price.

In the last year 44 properties changed hands in Battery Hill, which puts it as the 473th most active market in QLD when comparing the number of sales per suburb.

A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.05%, without taking into account capital value appreciation, which has been averaging out at 2.86%.

Over the last year, property investments in Battery Hill, 4551 have given investors a capital gain of 7.55%. This compares very favourably with the 0.66% for QLD as a whole.

The five-year average increase in median property values for Battery Hill,4551 has given property investors a potential capital gain of 31.34% across each of those five years.

Property buyers and investors in Battery Hill 4551 should be seeing an average reduction in asking price of around -3.61% . This means that Battery Hill is holding prices well when compared to other suburbs in QLD.

The QLD suburb of Battery Hill, 4551 is in the Sunshine Coast local government area.

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May 2018

M
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W
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A suburb on Queensland’s booming Sunshine Coast, Battery Hill is enjoying the remarkable growth that comes with its locationFull summary

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.

Close
Metrics i HOUSE UNIT
$578,000 $285,000
-0.34% N/A
11.96% 7.55%
2.86% 1.19%
$450 $330
44 29
4.05% 6.02%
35.88 58.91

Source: CoreLogic

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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Recent sales & rentals