Slade Point

POSTAL CODE: QLD, 4740

HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb 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 $596,000.

The upward trend in home prices in SLADE POINT, 4740 averaged 18.95% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 5.67% increase in returns based on the current median price in SLADE POINT.

An average of 7.75 real estate transactions take place per month in SLADE POINT which translates to 93 per annum.

93 properties were sold in SLADE POINT in 2016, making it the 27th most active market in QLD based on total real estate transactions.

SLADE POINT, 4740 places 822nd in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$596,000	N/A
Growth Report
Median Quarterly	0.17%	N/A
Median 12 month	11.4%	N/A
Median 3 years	56.84%	N/A
Median 5 years	88.01%	N/A
10 years average annual	7.29%	N/A
Weekly media advert. rent	$650	N/A
Time on Market	37 days	N/A
Gross Rental Yield Percent	5.67%	N/A

Demographics (Median Values)*

Total Population 3849

Weekly Household Income 1095

Household Size 2.80

Average Age 34

Monthly Loan Repayment 1226

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

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