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Slacks Creek
AREA REPORTS

Slacks Creek

Slacks Creek - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4127

house

SLACKS CREEK, 4127 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 SLACKS CREEK, 4127 values up and netting property investors a capital gain of 11.34% for the past year.

Investors saw the median home price rise to $373,000.

Profits due to an upward trend in home prices in the suburb averaged 2.34% per annum over a 3-year period.

SLACKS CREEK now ranks at the 310th 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 SLACKS CREEK are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $370 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 SLACKS CREEK, homes and units usually stay on listing for an average of 42.9 days.

In 2016, 166 properties were sold in SLACKS CREEK during the past year, making it the 726th most active market in QLD based on total real estate transactions.

Data report can be found below

Slacks Creek
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $373,000 N/A
GROWTH REPORT
Median Quarterly 5.82% N/A
Median 12 month 11.34% N/A
Median 3 years 7.03% N/A
Median 5 years 14.24% N/A
10 years average annual 2.69% N/A
Weekly media advert. rent $370 N/A
Time on Market 42.9 days N/A
Gross Rental Yield Percent 5.16% N/A
demographics (median values)*
Total Population
5965
Weekly Household Income
910.2
Household Size
2.70
Age
33
Monthly Loan Repayment
1008
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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