Suburb Profile Report for Pacific Heights QLD (4703)

Pacific Heights House: Median price $433,500, Annual capital growth 1.43%, Number of sales 20, Weekly median advertised rent $475

  • 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.

  • House Report

Giving property investors a a poor capital gain of -9.78% for the last year, Pacific Heights, 4703 is the 3345th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Pacific Heights,4703 has racked up an average of -9.78% over the period. This ranks it number 3297th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Pacific Heights is giving property investors an average Vendor Discount of around -5.71%. This puts suburb at number 473th in QLD when ranking the most discounted suburbs.

Using the current median advertised rental of $475 and the average annual increase in value of a median property of 1.43%, investors should hope to achieve an overall return of 5.70%

Metrics i HOUSE UNIT
$433,500 N/A
0.81% N/A
-9.78% N/A
1.43% N/A
$475 N/A
20 N/A
5.70% N/A
84.4285714285714 N/A

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), Balanced (U)
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Demographics
Total population 823
Median household income ($/weekly) 1674
Median age of persons 41
Median housing loan repayment ($/monthly) 2400
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 110 13.3
    25-34 years 95 11.5
    35-44 years 113 13.7
    45-54 years 130 15.8
    55-64 years 117 14.2
    Others 259 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 362 63.3
    Not Married 148 25.9
    Defacto Relationship 62 10.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 688 86.5
    Papua New Guinea 30 3.8
    United Kingdom 40 5.0
    United States of America 6 0.8
    Other 7 0.9
    Others 24 3.0
    Country of Birth
    Census Count Percent(%)
    Christianity 618 80.6
    No Religion 138 18.0
    Buddhism 8 1.0
    Hinduism 3 0.4
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 23 9.9
    $1,500-$1,999 25 10.8
    $2,000-$2,499 24 10.3
    $2,500-$2,999 31 13.4
    $3,000-$3,499 24 10.3
    Others 105 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 272 43.3
    Not in the labour force 190 30.3
    Employed, worked part-time 118 18.8
    Employed, away from work 32 5.1
    Unemployed, looking for work 16 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 72 17.1
    Professionals 79 18.8
    Technicians & trades workers 69 16.4
    Clerical & administrative workers 61 14.5
    Machinery operators & drivers 41 9.8
    Others 98 23.3
    Occupation
    Census Count Percent(%)
    Pre-school 6 3.2
    Infants/Primary 76 40.9
    Secondary 68 36.6
    Technical or Further Educational Institution 13 7.0
    University or other Tertiary Institutions 17 9.1
    Others 6 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 765 99.5
    Flat, unit or apartment 4 0.5
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 137 47.6
    Fully owned 98 34.0
    Rented 53 18.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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