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Shorncliffe
AREA REPORTS

Shorncliffe

Shorncliffe - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4017

house

Based on its average 5-year and quarterly capital gains SHORNCLIFFE, 4017 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that SHORNCLIFFE, 4017 obtained a 1.89% growth over a ten-year period. It ranks 3819th on our list of suburbs that property investors should look into.

SHORNCLIFFE, 4017 in QLD belongs to the local government area of Brisbane (C).

SHORNCLIFFE, 4017 has a capital gain of 7.85% for the past year, which is higher than average compared to its 25.4% growth within a five-year period.

With the median home price in SHORNCLIFFE sitting at $859,000, and the average rent at $620, property owners could potentially earn a 3.75% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in SHORNCLIFFE are low, as opposed to average gains per annum over the past five years.

Data report can be found below

Shorncliffe
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $859,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 7.85% N/A
Median 3 years 2.26% N/A
Median 5 years 25.4% N/A
10 years average annual 1.89% N/A
Weekly media advert. rent $620 N/A
Time on Market 50.3 days N/A
Gross Rental Yield Percent 3.75% N/A
demographics (median values)*
Total Population
1595
Weekly Household Income
993
Household Size
2.40
Age
40
Monthly Loan Repayment
1950
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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