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Verrierdale, QLD 4562

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 Verrierdale, QLD 4562 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 

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Buy 

1BR

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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 “Verrierdale, QLD 4562”

  1. The total adult population (15 years or older) of Verrierdale 4562 QLD is 673, with a median age of 46. Of those, 53.49% are married, 10.70% are divorced or separated, 32.69% are single and 2.82% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $7,768. The median monthly mortgage repayment for households in this suburb is $2,055 which is 26.45% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in the vibrant state of Queensland (QLD), the suburb of Verrierdale (postcode 4562) hosts an estimated 400 households. As the third quarter of 2023 concluded, the typical house pricing for this serene suburb sat at the handsome figure of $1,419,756 AUD. A noteworthy fact for potential investors is the attractive indicative yield of 5.12%, driven by the median weekly rental value of $1400; this yield considerably surpasses the 3% market minimum requisite for cashflow-focused property investors.

    With an impressive IRSAD score of 1037 out of 1217, Verrierdale showcases a significantly strong socio-economic performance within its community. This score reinforces the desirable vibrance and economic stability of the suburb, important factors to consider for both investors and aspiring residents.

    The suburb enjoys an appealing renter to owner ratio of 10%, therefore demonstrating low saturation of rental properties, reducing investment risk and competition. Similarly, the suburb shines in the units to houses ratio metric, scoring 0%. This ratio indicates the supply of apartments, units, flats and studios is minimal, thus reducing competition among landlords for tenants and keeping the rental yields interestingly high.

    However, potential investors might show concern towards the suburb’s high affordability index, as it stands at a rather high 71 years. This indicates that it would take an estimated 71 years for an investor to fully own a property.

    The supply metrics paint a favourable picture for investors with the stock on market percentage for houses standing at a low 0.25%, indicating a low supply condition. Also, the inventory level for houses resting at the favourable position of 1.71 months, exhibits the market’s efficient absorption capacity for new listings. However, the building approvals Ratio is relatively high at 3.25%, hinting at an increased supply of new dwellings in the market in the near future.

    Verrierdale boasts favourable demand metrics with the average time a property spends on the market, the Days on Market, being just 23 days – indicating a high demand amongst potential homebuyers. The vacancy rate which combines houses and units is a neutral 2.63%, pointing to a balanced demand-supply situation. However, the buy search index for houses is just 3, which might indicate a somewhat limited demand.

    Drawing all these aspects together, Verrierdale, with its strong socio-economics, low supply and balanced demand, presents as an intriguing suburb for consideration by avid real estate investors and buyers. Despite the high affordability index and future supply risks, a majority of other favourable metrics tend to compensate these concerns. For more advanced insights, please refer to the Relative Composite Score (RCS) developed by HtAG Analytics, which is based on a diverse range of over 80 metrics to automate research processes.

    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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