Jamboree Heights

POSTAL CODE: QLD, 4074

HOUSE

Property investments in JAMBOREE HEIGHTS did not fare well against the rest of the country last year, registering a median home price decrease of 5.82%.

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

Based on its average 5-year and quarterly capital gains JAMBOREE HEIGHTS, 4074 saw average growth in the long term.

Real estate investors could earn a rental income of $650 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 23.8 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,000,000.

JAMBOREE HEIGHTS ranks 523rd on the list of best yielding suburbs for rental properties in QLD, posting a 3.38% return.

Surburb overview

Jamboree Heights, QLD 4074, is a quiet residential suburb located approximately 14 kilometres southwest of Brisbane’s central business district. With a population of around 3,141 people, the suburb is known for its family-friendly atmosphere and leafy surroundings. The predominant age group in Jamboree Heights is 30 to 39 years old, and the area attracts a mix of families, professionals, and retirees.

The suburb’s housing market comprises detached houses, and the median house price is currently around $870,000. The rental market is strong, with a median rent of $585 per week for houses. Rental yields are approximately 3.90% for houses and 6.35% for units, making it a favourable location for property investors.

Jamboree Heights is well-serviced by local amenities, including shopping centres, schools, and public parks. Jamboree Heights State School is a popular family option, and several nearby secondary schools exist. Public transport options include bus services connecting to the suburbs and Brisbane CBD. The suburb is also close to major arterial roads, making commuting convenient.

Residents of Jamboree Heights enjoy a strong sense of community, with plenty of parks, green spaces, and recreational facilities. This and its proximity to essential services contribute to its appeal as a desirable and safe suburb for families and professionals.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,000,000	N/A
Growth Report
Median Quarterly	2.79%	N/A
Median 12 month	5.82%	N/A
Median 3 years	30.29%	N/A
Median 5 years	82.4%	N/A
10 years average annual	8.89%	N/A
Weekly media advert. rent	$650	N/A
Time on Market	23.8 days	N/A
Gross Rental Yield Percent	3.38%	N/A

Demographics (Median Values)*

Total Population 3279

Weekly Household Income 1187

Household Size 2.70

Average Age 35

Monthly Loan Repayment 1343

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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