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Aitkenvale, QLD 4814

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If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Aitkenvale, QLD 4814 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Aitkenvale, QLD 4814”

  1. The total adult population (15 years or older) of Aitkenvale 4814 QLD is 3,868, with a median age of 36. Of those, 35.94% are married, 14.43% are divorced or separated, 44.60% are single and 5.27% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $7,128. The median monthly mortgage repayment for households in this suburb is $1,387 which is 19.46% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in the sunny state of Queensland, the suburb of Aitkenvale 4814 is home to approximately 2644 households. As of Q3 of 2023, the housing market in this suburb presents enticing opportunities for savvy property players. Let’s delve into the details.

    Property prices in Aitkenvale have been steady, with the typical price of houses pegged at $339,874. The median weekly rent sits at a respectable $445. These numbers suggest a higher-than-average indicative yield of 6.81%, which is well above the minimum attractive market requirement of 3% for cashflow-centered property investors.

    The socio-economic fabric of Aitkenvale is fairly substantial, with an IRSAD score of 914 out of 1217. This suggests favourable demographic profiles and a fair access to economic resources, enhancing its appeal to investors.

    However, the renter to owner ratio is tilted slightly more towards renters with a ratio of 45%, which may pose competition for landlords and infuse a transient ‘vibe’ in the neighbourhood. On the positive side, the units to houses ratio is quite low at 12%, indicating less market saturation and a potentially higher demand from families seeking long term tenancy.

    On an affordability matrix, Aitkenvale hits a sweet spot with a years-to-own value of 19. This confirms that the suburb is relatively more affordable for prospective homeowners, and might incite robust demand.

    Supply ratios are also tipping the scales in a favourable direction. The stock on market percentage sits at a low 0.14%, indicating limited oversupply. Simultaneously, the inventory level for houses is a scant 0.47 months, suggesting a market well-absorbent of new listings. The building approvals ratio, another crucial supply metric, is at a soothing 0.1% revealing no potential oversupply threats from new dwelling stock.

    Although the days on market for houses is high – at 174 days – possibly reflecting less immediate demand, the low vacancy rate of 0.92% picks up the slack by indicating a spurt in rental demand, making rental yields potentially more solid.

    Despite a slightly subdued buy search index of 4, the combination of favourable affordability, low supply and high yields make Aitkenvale a suburb worth considering for property investors. Remember, the analytics presented here outline general trends and it’s always recommended to keep an eye on the developments in a micro market.

    With further insights gleaned from our Relative Composite Score (RCS) at HtAG Analytics, an extensive dataset of over 80 metrics, it’s easier than ever to make informed property investment decisions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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