Regents Park

POSTAL CODE: QLD, 4118
HOUSE

Property investors have seen a 5.12% gain in REGENTS PARK based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on REGENTS PARK, 4118 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 10.44%.

Based on its average 5-year and quarterly capital gains REGENTS PARK, 4118 saw average growth in the long term.

The QLD suburb 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 $872,500

Profits averaged 11.67% per annum over a 3-year period, due to an upward trend in home prices in REGENTS PARK, 4118.

This means, real estate investors could earn a rental income of $610 based on current median home prices for the suburb.

The gross rental yield in REGENTS PARK, 4118 is 3.64%.

An average of 15.08 real estate transactions take place per month in REGENTS PARK which translates to 181 per annum.

Surburb overview

Regents Park is a residential suburb in the City of Logan, Queensland, located approximately 33.2 kilometres south of Brisbane's Central Business District (CBD). 

According to the 2021 census, Regents Park has 11,103 residents, with a median age of 34, slightly below the national average. The suburb predominantly comprises family households, with many couples having children. 

Public transportation in Regents Park includes bus services, with approximately 4.1% of residents utilising buses for their commute. However, a substantial majority, around 84.3%, rely on private vehicles for transportation. The suburb lacks direct access to train services, which influences commuting choices.

Essential establishments are conveniently accessible within and around Regents Park. The suburb hosts the Village Fair Regents Park Shopping Centre, which includes an IGA supermarket, bakery, butcher, fruit and vegetable shop, hairdresser, laundromat, dental clinic, pharmacy, and various cafes and restaurants. Additionally, the nearby Grand Plaza Shopping Centre in Browns Plains offers a broader range of retail stores and services, catering to residents' daily needs.

Regents Park's numerous parks and open spaces support recreational activities. The suburb encompasses 18 parks, covering nearly 15% of its area. These green spaces provide residents with outdoor activities such as walking, picnicking, and sports, contributing to its appeal to families and individuals seeking an active lifestyle.

Regents Park has a median house price of $775,000 in terms of property, with an annual capital growth of 20.16%. Rental yields for houses are approximately 4.06%, with a median rent of $600 per week. The suburb's real estate market is characterised by separate houses, with an average of 3.6 bedrooms per dwelling. This data indicates a stable property market, appealing to investors and homebuyers.

Regents Park offers a suburban environment with a strong community focus, characterised by its family-oriented demographics and abundant green spaces. However, the limited public transport options may necessitate reliance on private vehicles for commuting and accessing essential services in neighbouring suburbs. Prospective residents should consider these factors when evaluating the suitability of Regents Park as a place to live. 

 

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