‘Budget Needs To Target Housing Choice And Affordability In Regions’
While the upcoming federal budget is expected to focus on job creation, experts believe an opportunity exists for a “p...
The suburb’s capital gain of 14.43% for the past year is higher than average compared to its 11% 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 $555,000, and the average rent at $420, this suggests property owners could potentially earn a 3.94% increase in gross rental yield.
Property investors have seen a 0.91% 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 14.43%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 0.56% growth over a ten-year period. It ranks 3770th on our list of suburbs that property investors should look into.
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.
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.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||14.43%||N/A|
|Median 3 years||4.23%||N/A|
|Median 5 years||11%||N/A|
|10 years average annual||0.56%||N/A|
|Weekly media advert. rent||$420||N/A|
|Time on Market||78.4 days||N/A|
|Gross Rental Yield Percent||3.94%||N/A|