QLD/
Cleveland

Suburb Profile

Cleveland - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4163

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 14.36% capital gain.

It 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 $577,500

The augmented property values in the suburb are trailing behind the territorial average of 2.26% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $455.

Home owners selling their properties and realtors in CLEVELAND usually have to wait an average of 66.8 days days before their assets are lifted off the market.

The QLD suburb ranks 568th on the list of best yielding suburbs for rental properties in QLD, posting a 4.1% return.

It also places places 315th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $577,500 $407,000
GROWTH REPORT
Median Quarterly 1.14% -0.73%
Median 12 month -0.94% 1.12%
Median 3 years 14.36% -2.81%
Median 5 years 11.8% 14.25%
10 years average annual 2.58% 3.05%
Weekly media advert. rent $455 $390
Time on Market 66.8 days 90.3 days
Gross Rental Yield Percent 4.1% 4.98%
demographics (median values)
Total Population
13585
Weekly Household Income
1007
Household Size
2.40
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