Highland Park

POSTAL CODE: QLD, 4211

HOUSE

UNIT

A steady increase in median property prices over a five-year period in the suburb translates to a 37.8% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,157,500

The augmented property values in the suburb are trailing above the territorial average of 12.36% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $910.

Home owners selling their properties and realtors in HIGHLAND PARK usually have to wait an average of 30.8 days days before their assets are lifted off the market.

The QLD suburb ranks 265th on the list of best yielding suburbs for rental properties in QLD, posting a 4.09% return.

It also places places 569th in Australia based on median property value growth during the quarter.

Property investors enjoyed capital gains of 27.9% over the last 12 months in HIGHLAND PARK, translating to lower returns compared with its peers in QLD.

A survey of average capital gains or median home price increase in suburbs across the country shows that HIGHLAND PARK, 4211 obtained a 11.64% growth over a ten-year period. It ranks 1611th on our list of suburbs that property investors should look into.

HIGHLAND PARK, 4211 has a capital gain of 27.9% for the past year, which is lower than average compared to its 168.27% growth within a five-year period.

With the median home price in HIGHLAND PARK sitting at $839,000, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.

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

HIGHLAND PARK, 4211 in QLD belongs to the local government area of Gold Coast.

Surburb overview

Highland Park is a suburb of Gold Coast, Queensland, Australia. This suburb is approximately 74.5 kilometres south-southeast of Brisbane's central business district and about 11.9 kilometres southwest of Surfers Paradise.

As of the 2021 census, Highland Park had a population of 6,576 residents. The suburb covers an area of approximately 3.9 square kilometres, with 19 parks accounting for nearly 10.9% of the total area. The predominant age group is 40-49 years.

Households in Highland Park are primarily composed of couples with children. The median monthly mortgage repayment ranges between $1,800 and $2,399. In 2011, 77.4% of homes were owner-occupied, decreasing slightly to 76% in 2016.

Public transportation options in Highland Park are limited. Approximately 86.8% of residents commute to work by car, 0.5% use the train, and 0.8% rely on bus services.

The suburb offers access to essential establishments. Residents often travel to neighbouring suburbs such as Nerang, where major supermarkets, pharmacies, and specialty shops are available for shopping and services. Regarding education, William Duncan State School is a government primary school located at 114-136 Alexander Drive. In 2018, the school had an enrolment of 597 students. For secondary education, the nearest option is Nerang State High School in Nerang.

Recreational activities are available in and around Highland Park. The suburb features several parks, offering opportunities for outdoor activities. The area's natural beauty provides a serene environment for residents.

In terms of property, Highland Park has experienced growth in recent years. The median sale price for houses is approximately $987,500, reflecting a 10.34% increase over the past 12 months. Rental yields for houses stand at 4.88%, with an average median rent of $900 per week.

Highland Park presents a suburban lifestyle with convenient access to urban amenities in neighbouring suburbs. Its family-oriented demographics and access to recreational facilities contribute to its appeal within the Gold Coast region.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,157,500	$839,000
Growth Report
Median Quarterly	2.89%	14.15%
Median 12 month	17.22%	27.9%
Median 3 years	37.8%	61.35%
Median 5 years	101.3%	168.27%
10 years average annual	9.53%	11.64%
Weekly media advert. rent	$910	N/A
Time on Market	30.8 days	17.8 days
Gross Rental Yield Percent	4.09%	0%

Demographics (Median Values)*

Total Population 6144

Weekly Household Income 1082

Household Size 2.80

Average Age 35

Monthly Loan Repayment 1417

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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