Suburb Profile Report for Battery Hill QLD (4551)

Battery Hill House: Median price $543,500, Annual capital growth 2.69%, Number of sales 41, Weekly median advertised rent $440

Battery Hill Unit: Median price $275,000, Annual capital growth 0.96%, Number of sales 25, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Battery Hill, 4551 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 13.58%.

While Battery Hill,4551 ranked number 146th in QLD for increase in median house value (annualised) increase, it is ranked 54th over the last 5 years.

Our latest figures would indicate that property sellers in Battery Hill are currently offering property investors an average price cut of -2.87% below the asking price at the moment.

Often selling an investment property can take time, and in Battery Hill the average time real estate has been on the market is 30.46 days.

A $440 per week rent on the median house gives suburb investors a gross yield of circa 4.21%, without taking into account capital value appreciation, which has been averaging out at 2.69%.

QLD has seen average median house prices change by 0.82% which means that Battery Hill, 4551 has done well for property investors by showing a capital gain of 7.84% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Battery Hill comes in at number 121th in QLD.

LACK OF BUYER INTEREST may well be the reason that Battery Hill is offering property investors an average of -5.77. This rate of discount on properties puts Suburb at number 294th in terms of most discounted suburbs in QLD

Renters in Suburb are facing rents around $3960 per annum or $330 every week.

Metrics i HOUSE UNIT
$543,500 $275,000
3.52% 2.80%
13.58% 7.84%
2.69% 0.96%
$440 $330
41 25
4.21% 6.24%
30.46 72.88

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (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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