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Drayton, QLD 4350

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 Drayton, QLD 4350 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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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 “Drayton, QLD 4350”

  1. The total adult population (15 years or older) of Drayton 4350 QLD is 1,519, with a median age of 36. Of those, 43.45% are married, 12.64% are divorced or separated, 38.64% are single and 5.00% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $6,636. The median monthly mortgage repayment for households in this suburb is $1,400 which is 21.10% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in the state of Queensland, the suburb of Drayton 4350 is home to approximately 1243 households. In the Q3 of 2023, the prevalent prices for houses in Drayton 4350 hover around the $530,584 mark. With a prevailing median weekly rent at $420, this results in an attractive indicative yield of 4.12%, exceeding the minimum market requirements for cash flow-centric investors.

    Drayton also reveals a relatively high socio-economic status, represented by an IRSAD score of 923 out of 1217. This indicates that the population in the area generally has access to good economic resources, a consideration which could signify stability for prospective investors.

    Property rentals are somewhat prominent in Drayton, with a rather high renter to owner ratio of 41%, slightly under the maximum favourable threshold. This suggests a potential over-saturation of rental properties, which may imply high competition among property investors, however the competition remains tolerable.

    The property makeup of Drayton is predominantly comprised of houses, alongside a smaller ratio of units (23%), which is under the favourable threshold of a 50% units to houses ratio. This offers an investment appeal for those looking to avoid over-saturated markets.

    Drayton’s affordability index places at a slightly unfavourable 31 years, indicating that complete homeownership, considering all the encompassing variables, could take a little over the standard 30-year mortgage duration. This, however, only slightly decreases the market attractiveness in terms of affordability.

    Supply-wise, Drayton presents favourable metrics, with a rather low stock on market Percentage for houses at 0.23% and a slightly below average 1.2 months inventory level. Meanwhile, the Building Approval Ratio signals an uptick at 2.87%, flagging marginal increased supply.

    The average time houses in Drayton spend on the market is 52 days. This signifies a neutral level of demand, where properties are neither quickly bought nor remain unsold for extensive periods. Drayton also showcases low Vacancy Rates at 0.6%, a beneficial indicator of high demand due to limited supply.

    Lastly, the buy search index for houses hovers at 4, falling within the neutral zone. Although this doesn’t point out a booming demand, it also doesn’t suggest a worrying slump.

    Even though some metrics might marginally lean towards the unfavourable side, the overall picture of Drayton’s property market offers several favouring points. A blend of decent yields, acceptable renter to owner ratio, and advantageous inventory levels, coupled with low vacancy rates, make it a potential spot on the radar of forward-thinking property investors. And as always, the HtAG’s RCS metric and further research can assist in forming a well-rounded investment decision.

    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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