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Edge Hill
AREA REPORTS

Edge Hill

Edge Hill - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4870

house
unit

Property investments in EDGE HILL did not fare well against the rest of the country last year, registering a median home price decrease of 3.94%.

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

Based on its average 5-year and quarterly capital gains EDGE HILL, 4870 saw average growth in the long term.

Real estate investors could earn a rental income of $460 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 56.7 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $567,500.

EDGE HILL ranks 461st on the list of best yielding suburbs for rental properties in QLD, posting a 4.21% return.

Data report can be found below

Edge Hill
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $567,500 $171,000
GROWTH REPORT
Median Quarterly 2.25% -2.29%
Median 12 month 3.94% -20.47%
Median 3 years 14.65% -1.44%
Median 5 years 15.82% -8.56%
10 years average annual 2.21% -1.02%
Weekly media advert. rent $460 $285
Time on Market 56.7 days 72.6 days
Gross Rental Yield Percent 4.21% 8.67%
demographics (median values)*
Total Population
3850
Weekly Household Income
1063
Household Size
2.30
Age
38
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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