Suburb Profile Report for Avenell Heights QLD (4670)

Avenell Heights House: Median price $255,000, Annual capital growth 0.16%, Number of sales 59, Weekly median advertised rent $295

Avenell Heights Unit: Median price $221,500, Annual capital growth 0.06%, Number of sales 10, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 3050th in the list of Australian suburbs ordered by increase in median house value over the last year, Avenell Heights, 4670 is in the BOTTOM 30% with a property value increase of 0.79% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Avenell Heights,4670 has racked up an average of 0.79% over the period. This ranks it number 3640th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Avenell Heights is giving property investors an average Vendor Discount of around -6.97%. This puts suburb at number 281th in QLD when ranking the most discounted suburbs.

Residents and property investors in Avenell Heights have been waiting around 90.74 days to sell a property.

Avenell Heights, 4670 ranked 311th in QLD when comparing growth in median property values or capital gain over the last 12 months. Avenell Heights 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 Avenell Heights has fallen somewhat when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Avenell Heights are currently offering property investors an average price cut of -4.64% below the asking price at the moment.

Metrics i HOUSE UNIT
$255,000 $221,500
-1.92% 1.84%
0.79% -9.22%
0.16% 0.06%
$295 $260
59 10
6.02% 6.10%
90.74 112.54

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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Demographics
Total population 5164
Median household income ($/weekly) 795
Median age of persons 41
Median housing loan repayment ($/monthly) 1350
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 700 13.6
    35-44 years 637 12.3
    45-54 years 654 12.7
    55-64 years 607 11.8
    65-74 years 556 10.8
    Others 2010 38.9
    Age Group
    Census Count Percent(%)
    Registered Married 1777 47.9
    Not Married 1601 43.2
    Defacto Relationship 330 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4432 90.5
    Papua New Guinea 73 1.5
    Philippines 33 0.7
    United Kingdom 165 3.4
    Other 52 1.1
    Others 142 2.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 18 0.4
    Christianity 3685 77.9
    Hinduism 10 0.2
    Islam 18 0.4
    No Religion 989 20.9
    Others 9 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 189 10.6
    $400-$599 305 17.1
    $600-$799 269 15.1
    $800-$999 172 9.7
    $1,500-$1,999 181 10.2
    Others 664 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1816 46.0
    Employed, worked full-time 1172 29.7
    Employed, worked part-time 657 16.7
    Unemployed, looking for work 199 5.0
    Employed, away from work 100 2.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 304 15.8
    Technicians & trades workers 288 14.9
    Clerical & administrative workers 264 13.7
    Sales 260 13.5
    Labourers 241 12.5
    Others 572 29.7
    Occupation
    Census Count Percent(%)
    Pre-school 45 4.3
    Infants/Primary 482 46.2
    Secondary 321 30.8
    Technical or Further Educational Institution 77 7.4
    University or other Tertiary Institutions 80 7.7
    Others 38 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4153 87.1
    Semi-detached, row or terrace house, townhouse 345 7.2
    Flat, unit or apartment 272 5.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 730 37.7
    Fully owned 674 34.8
    Being purchased 527 27.2
    Other tenure type 6 0.3
    Tenure Type
Census 2011, ABS
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