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Cosgrove, QLD 4818

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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 Cosgrove, QLD 4818 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 

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Rent 

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Yield 

2BR

3BR

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5BR

Buy 

1BR

2BR

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Rent 

1BR

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Yield 

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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 “Cosgrove, QLD 4818”

  1. The total adult population (15 years or older) of Cosgrove 4818 QLD is 527, with a median age of 27. Of those, 31.50% are married, 13.66% are divorced or separated, 52.75% are single and 1.90% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $8,604. The median monthly mortgage repayment for households in this suburb is $1,733 which is 20.14% of their earnings.

    Source: ABS Census Data (2021)

  2. The charming suburb of Cosgrove, postcode 4818, is nestled within the sunshine state of Queensland. This suburban haven boasts an estimated 331 households that deliberate the community spirit encapsulated within Australian neighbourhoods. As we march into Q3 of 2023, the Cosgrove property market is marking its territory in the Australian real estate landscape.

    In the housing segment, Cosgrove makes an appealing investment proposition. The typical house price hovers around a considerable $412,602 while the median weekly rent sits comfortably at $446. These figures, when crunched together, produce an attractive indicative yield of 5.62%. This yield substantially surpasses the 3% minimum marker, making Cosgrove an enticing prospect for cash-flow centred investors.

    The suburb boasts a decent IRSAD score of 952 out of 1217, indicating a solid socio-economic standing amongst its locals. Nevertheless, a moderately high renter to owner ratio of 61% reveals a tenant-heavy real estate market. This needn’t necessarily be a deal-breaker, but investors should tread with caution in light of potential competition and risk.

    Balance is key in the property market, and Cosgrove doesn’t disappoint in this respect. The area’s units to houses ratio sits at a healthy 0%, denoting an absence of units and suggesting less competition amongst landlords vying for tenants. Such conditions could help sustain the current attractive rental yields, while the emphasis on houses over units typically translates to longer tenancy periods, which is a plus point for property investors.

    The suburb’s affordability index rings in at 30 years, indicating a fair level of property affordability within the region. Simultaneously, the stock on market percentage comes in at 0.93%, fitting nicely into the neutral range.

    Cosgrove keeps a disciplined lid on its supply, with the inventory level for houses being 1.06 months. This falls within the favourable low supply market range. Similarly, the building approvals Ratio for houses exists within the favourable low supply line at 0.62%.

    However, an area of improvement lies within the average days on market, which stretches a tad too long at 109 days, indicating low demand in the housing market. On a brighter note, Cosgrove’s low vacancy rate of 0.49% signals strong rental demand, tipping the scales back in favour of potential investors.

    Finally, the buy search index finishes strongly at 6, demonstrating high demand for houses and presenting Cosgrove as a favourable investment locale for those ready to dive into the dynamic world of Australian property markets.

    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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