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Rasmussen, QLD 4815

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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 Rasmussen, QLD 4815 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 “Rasmussen, QLD 4815”

  1. The total adult population (15 years or older) of Rasmussen 4815 QLD is 3,550, with a median age of 32. Of those, 36.85% are married, 13.86% are divorced or separated, 45.63% are single and 3.63% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $6,472. The median monthly mortgage repayment for households in this suburb is $1,343 which is 20.75% of their earnings.

    Source: ABS Census Data (2021)

  2. The picturesque locale of Rasmussen, 4815, located in QLD, is a decently populated community with an estimated 2053 households. As the third quarter of 2023 unfolds, houses in Rasmussen are typically priced at $330,678, while boasting a median weekly rent of $396. These figures give rise to an appealing indicative yield of 6.23%, well above the 3% minimum attractive market requirement. Rasmussen also holds an IRSAD score of 875 out of a full score of 1217, indicating a rather favourable socio-economic status for residents.

    The renting landscape in Rasmussen provides a mixed bag for investors, presenting a renter to owner ratio of 43%. While this figure sits above the 30% threshold, signalling a saturation of rental properties, it’s important to note that it hasn’t transgressed the high-risk mark of 45%. Additionally, the area boasts a healthy units to houses ratio of just 2%, making it attractive for landlords as there is less competition for tenants, facilitating the sustenance of higher rental yields.

    The affordability index in Rasmussen stands at a comfortable 20 years, well below the benchmark of 30 years, emphasising the market’s high affordability. Similarly, the stock on the market percentage is a mere 0.37%, highlighting the low supply which is a favourable sign for property investors. The inventory for houses in the area is also extremely favourable lingering at a low 0.78 months.

    Development and housing growth in Rasmussen is seemingly stable as the building approvals ratio stands at 0.0%. From the perspective of potential buyers, houses remain in the market for an average of 41 days before being sold. This is slightly above the 35 day mark representing high demand, but far from the 90 day mark indicating low demand.

    Along these lines, vacancy rates in the suburb are impressively low at 0.45%, well below the 1% minimum for high demand, fuelling optimism about rental demand. However, the buy search index level of 3 does reflect a neutral demand.

    As with all real estate investments, staying alert to prevailing market conditions, not only at present but also trends over time, is highly recommended. Consider the Relative Composite Score (RCS) developed by HtAG Analytics, which simplifies research by providing over 80 metrics to analyse the property market, ensuring you make the most informed decision possible about investing in Rasmussen 4815.

    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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