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Avenell Heights, QLD 4670

Home » QLD Real Estate Data » Bundaberg Regional, QLD » Avenell Heights, QLD 4670

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 Avenell Heights, QLD 4670 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.

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Rent 

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Yield 

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Buy 

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Rent 

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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 “Avenell Heights, QLD 4670”

  1. The total adult population (15 years or older) of Avenell Heights 4670 QLD is 4,222, with a median age of 47. Of those, 42.04% are married, 16.27% are divorced or separated, 32.02% are single and 9.66% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $5,608. The median monthly mortgage repayment for households in this suburb is $1,200 which is 21.40% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in the Queensland state, the exhilarating suburb of Avenell Heights 4670 is home to approximately 2377 households. As we glean the latest statistics from Q3, 2023, the typical prices for houses in this enticing locale stand at $467,683, with the median weekly rent reaching $421. This projects an indicative yield of a commendable 4.68%, considerably surpassing the 3% threshold that many cashflow-focused investors require.

    The socio-economic score, known formally as the IRSAD score, for Avenell Heights 4670 is 864 out of a possible 1217. This score, while not at the top end of the spectrum, is reasonably balanced, demonstrating a certain degree of financial stability and access to resources.

    The renter to owner ratio is 35%, slightly above the most desirable threshold of 30%. That said, it is considerably below 45%, which marks the point at which investments may start becoming questionable due to a high volume of renters. Furthermore, the units to houses ratio in this neighbourhood is a favourable 15%, enhancing the appeal of the suburb for property investors as over saturation of rentals is not a concern.

    When it comes to affordability, Avenell Heights falls at 33 years on the index. This goes to show that while homes in the suburb are within the reach of its residents, they lean towards the pricier end, tipping over the 31-year affordability benchmark.

    Stock on Market Percentage for houses is recorded at 0.41%, showing a relatively low supply, a favourable marker for property investors. Coupled with this, the inventory level of houses is a little over a month at 1.22, painting a picture of a dynamic property market kept alive by a steady stream of listings. It’s worth noting that there were no new buildings approved within this period; a sign of stable supply.

    The accommodation in Avenell Heights 4670 typically stays 68 days on the market before they are snapped up. While this isn’t exceptionally rapid, it doesn’t suggest a weak demand either. The suburb maintains a strikingly low vacancy rate of 0.24%, indicating a high demand for housing. However, the buy search index is at 3, suggesting a median interest from potential buyers at a state level.

    As in every real estate investment consideration, understanding these metrics is crucial. While not every factor falls within the favourable range, the majority presents a promising picture for considering Avenell Heights as a prospective real estate investment locale. RCS analytics provide a comprehensive overview that offers insightful guidance on market trends and affordability, essential for making well-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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