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Shailer Park
AREA REPORTS

Shailer Park

Shailer Park - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4128

house
unit

SHAILER PARK, 4128 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 SHAILER PARK, 4128 values up and netting property investors a capital gain of 6.12% for the past year.

Investors saw the median home price rise to $590,000.

Profits due to an upward trend in home prices in the suburb averaged 1.23% per annum over a 3-year period.

SHAILER PARK now ranks at the 610th 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 SHAILER PARK 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 $472.5 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 SHAILER PARK, homes and units usually stay on listing for an average of 46.2 days.

In 2016, 204 properties were sold in SHAILER PARK during the past year, making it the 583rd most active market in QLD based on total real estate transactions.

Data report can be found below

Shailer Park
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $590,000 $268,500
GROWTH REPORT
Median Quarterly 0.85% -3.07%
Median 12 month 6.12% -7.41%
Median 3 years 3.69% -10.5%
Median 5 years 13.14% -2.36%
10 years average annual 2.18% -1.47%
Weekly media advert. rent $472.5 $330
Time on Market 46.2 days 81.0 days
Gross Rental Yield Percent 4.16% 6.39%
demographics (median values)
Total Population
11220
Weekly Household Income
1402
Household Size
3.00
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