Suburb Profile Report for Queenstown SA (5014)

Queenstown House: Median price $400,000, Annual capital growth 3.86%, Number of sales 29, Weekly median advertised rent $358

Queenstown Unit: Median price $368,500, Annual capital growth N/A, Number of sales 21, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

Queenstown has had a quite poor year for property investment returns compared to the rest of SA, giving investors a capital gain of 1.27% to date .

Queenstown,5014 has offered an average of 1.27% return per annum in house price rises to property investors over the last three years.

With the median price for a house in Queenstown being $400000 and the advertised rent reaching $357.5 the gross rental yield for property investors calculates out to be 4.65%

While Queenstown,5014 ranked number 49th in SA for increase in median house value (annualised) increase, it is ranked 154th over the last 5 years.

Advertised rents are around the $260 mark per week – giving a return of 3.67% based on the median price in Suburb

Metrics i HOUSE UNIT
$400,000 $368,500
1.91% 4.24%
1.27% N/A
3.86% N/A
$358 $260
29 21
4.65% 3.67%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1804
Median household income ($/weekly) 790
Median age of persons 43
Median housing loan repayment ($/monthly) 1300
Average household size 2
  • Census Count Percent(%)
    25-34 years 260 14.4
    35-44 years 231 12.8
    45-54 years 277 15.3
    55-64 years 225 12.5
    65-74 years 177 9.8
    Others 635 35.2
    Age Group
    Census Count Percent(%)
    Not Married 747 52.1
    Registered Married 554 38.7
    Defacto Relationship 132 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1245 74.0
    Croatia 58 3.4
    Hong Kong 40 2.4
    United Kingdom 91 5.4
    Other 81 4.8
    Others 168 10.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 40 2.5
    Christianity 1024 63.6
    Islam 17 1.1
    Other Religious Groups 18 1.1
    No Religion 503 31.2
    Others 8 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 115 14.8
    $400-$599 122 15.7
    $600-$799 88 11.3
    $800-$999 81 10.4
    $1,000-$1,249 69 8.9
    Others 301 38.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 633 43.1
    Employed, worked full-time 486 33.1
    Employed, worked part-time 243 16.5
    Unemployed, looking for work 62 4.2
    Employed, away from work 45 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 123 15.9
    Technicians & trades workers 128 16.5
    Community & personal service workers 88 11.4
    Clerical & administrative workers 111 14.3
    Labourers 102 13.2
    Others 222 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 20 6.8
    Infants/Primary 115 39.0
    Secondary 60 20.3
    Technical or Further Educational Institution 39 13.2
    University or other Tertiary Institutions 47 15.9
    Others 14 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1183 70.4
    Flat, unit or apartment 271 16.1
    Semi-detached, row or terrace house, townhouse 200 11.9
    House or flat attached to a shop, office 27 1.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 308 37.4
    Fully owned 250 30.4
    Being purchased 239 29.0
    Other tenure type 26 3.2
    Tenure Type
Census 2011, ABS
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