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Zillmere
AREA REPORTS

Zillmere

Zillmere - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4034

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 34.17% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $640,000

The augmented property values in the suburb are trailing above the territorial average of 19.02% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $450.

Home owners selling their properties and realtors in ZILLMERE usually have to wait an average of 26.7 days days before their assets are lifted off the market.

The QLD suburb ranks 521st on the list of best yielding suburbs for rental properties in QLD, posting a 3.66% return.

It also places places 255th in Australia based on median property value growth during the quarter.

Data report can be found below

Zillmere
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $640,000 $348,750
GROWTH REPORT
Median Quarterly 8.29% 5.68%
Median 12 month 29.29% 10.02%
Median 3 years 34.17% 8.98%
Median 5 years 38.98% -4.45%
10 years average annual 6.23% -0.67%
Weekly media advert. rent $450 $365
Time on Market 26.7 days 65.6 days
Gross Rental Yield Percent 3.66% 5.44%
demographics (median values)*
Total Population
7464
Weekly Household Income
794.6
Household Size
2.30
Age
36
Monthly Loan Repayment
1213
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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