Augustine Heights

POSTAL CODE: QLD, 4300

HOUSE

AUGUSTINE HEIGHTS ranks 379th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 18.52% for the past year is higher than average compared to its 81.13% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in AUGUSTINE HEIGHTS, the median home price is sitting at $960,000, and the average rent at $650, this suggests property owners could potentially earn a 3.52% increase in gross rental yield.

Property investors have seen a 6.67% gain in AUGUSTINE HEIGHTS based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on AUGUSTINE HEIGHTS, 4300 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 18.52%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.11% growth over a ten-year period. It ranks 1853rd on our list of suburbs that property investors should look into.

Surburb overview

Augustine Heights is a sleepy suburb in Queensland, bordered by Jones Road, Keidges Road, and Centenary Highway. It is surrounded by the suburbs of Springfield, Brookwater, Bellbird Park, Redbank Plains and Springfield Central.

The population in Augustine Heights has a median age of 29 years. Majority of its population were Australian-born, a small number hail from New Zealand, England, India, South Africa, and the Philippines. Augustine Heights’ population numbers nearly 5,000 people, consisting of 1,356 families.

Property market

Augustine Heights has a surplus of real estate for sale, with property listings on real estate websites reaching a thousand on average. As of 2016, private dwellings number by 1,602, consisting of an average of 3.3 people per household. Over 90 per cent of homes in Augustine Heights were separate houses, while the remaining dwelling spaces were semi-detached, row or terrace houses. Most of the homes in Augustine Heights are three-bedroom homes.

Residents and property investors deem Augustine Heights as a “hidden treasure” for its affordable portfolio of properties. Land parcels are bigger than usual in size and it is normal for homes to be spaced quite far away from each other. Augustine Heights is also close to shopping amenities, local schools, and community facilities, making it perfect for families with children.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$960,000	N/A
Growth Report
Median Quarterly	6.67%	N/A
Median 12 month	18.52%	N/A
Median 3 years	41.44%	N/A
Median 5 years	81.13%	N/A
10 years average annual	7.11%	N/A
Weekly media advert. rent	$650	N/A
Time on Market	32.8 days	N/A
Gross Rental Yield Percent	3.52%	N/A

Demographics (Median Values)*

Total Population 28

Weekly Household Income 2124

Household Size 3.70

Average Age 27

Monthly Loan Repayment 1500

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

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