AREA REPORTS

Hillcrest

Suburb Profile

Hillcrest - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4118

house
unit

HILLCREST, 4118 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in QLD have risen as a whole, pulling HILLCREST, 4118 values up and netting property investors a capital gain of 1.07% for the past year.

Investors saw the median home price rise to $379,000.

Profits due to an upward trend in home prices in the suburb averaged 4.72% per annum over a 3-year period.

HILLCREST now ranks at the 558th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $360 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In HILLCREST, homes and units usually stay on listing for an average of 57.4 days.

In 2016, 87 properties were sold in HILLCREST during the past year, making it the 44th most active market in QLD based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $379,000 $290,000
GROWTH REPORT
Median Quarterly -1.04% -3.33%
Median 12 month 1.07% -6.83%
Median 3 years 14.16% 28.89%
Median 5 years 19.09% -12.39%
10 years average annual 1.86% 3.83%
Weekly media advert. rent $360 $330
Time on Market 57.4 days 126.0 days
Gross Rental Yield Percent 4.94% 5.92%
demographics (median values)
Total Population
4608
Weekly Household Income
1039
Household Size
2.70
demographics
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