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Median values are calculated based on data over a 12 month period.

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Market Report

Pegs Creek has 48 houses available for sale. The median property price for a house is currently 480,000 with annual capital growth of -2.04 . There were 39 house sales in the past 12 months. On average, houses spend 71 days on market.

If you're thinking about buying an investment property in Pegs Creek, consider that rental yields for houses are currently 10.51 with an average median rent of 1,000 weekly. Houses have seen 0.80 growth in the past quarter, and -2.04 growth in the past 12 months.

The size of Pegs Creek is approximately 4.5 square kilometres. It has 3 parks covering nearly 1.5% of total area. The population of Pegs Creek in 2011 was 1,879 people. By 2016 the population was 1,997 showing a population growth of 6.3% in the area during that time. The predominant age group in Pegs Creek is 20-29 years.

Households in Pegs Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pegs Creek work in a trades occupation. In 2011, 24.4% of the homes in Pegs Creek were owner-occupied compared with 23.5% in 2016.

Pegs Creek has 29 units available for sale. The median property price for a unit is currently 415,000 with annual capital growth of 13.89 . There were 15 unit sales in the past 12 months. On average, units spend 36 days on market.

If you're thinking about buying an investment property in Pegs Creek, consider that rental yields for units are currently 11.59 with an average median rent of 800 weekly. Units have seen 5.06 growth in the past quarter, and 13.89 growth in the past 12 months.

The size of Pegs Creek is approximately 4.5 square kilometres. It has 3 parks covering nearly 1.5% of total area. The population of Pegs Creek in 2011 was 1,879 people. By 2016 the population was 1,997 showing a population growth of 6.3% in the area during that time. The predominant age group in Pegs Creek is 20-29 years.

Households in Pegs Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pegs Creek work in a trades occupation. In 2011, 24.4% of the homes in Pegs Creek were owner-occupied compared with 23.5% in 2016.

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Key Market Data House Unit
Median price 480,000 415,000
Quarterly growth +0.80 +5.06
12-month growth -2.04 +13.89
Average annual growth +11.95 +18.58
Weekly median rent 1,000 800
Gross rental yield 10.51 11.59
Number of Sales (12m) 39 15
Avg. Days on Market (12m) 71 36
Jump to Market Trends
Key Demographics 2011 2016
Total population 1,879 1,997
Population change (5y) -8.03 +6.30
Median household income (p/w) 2,943 2,161
Household income change (5y) +49.16 -26.57
Median age of persons 32 33
Jump to Demographics Trends
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