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The Caves, QLD 4702

The Caves, QLD 4702

Home » QLD Real Estate Data » Livingstone Shire, QLD » The Caves, QLD 4702

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 The Caves, QLD 4702 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

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5BR

Rent 

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3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

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2BR

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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 “The Caves, QLD 4702”

  1. The total adult population (15 years or older) of The Caves 4702 QLD is 545, with a median age of 40. Of those, 52.48% are married, 11.93% are divorced or separated, 31.93% are single and 4.22% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $8,640. The median monthly mortgage repayment for households in this suburb is $1,500 which is 17.36% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of The Caves, post code 4702, located in sunny Queensland is home to an approximate 377 households. Delving into Q3 2023, typical property prices for houses in The Caves 4702 stands at a competitive $511,214, while boasting median weekly rents of $510. This generates an attractive indicative yield of 5.19%, setting a trail for cash-flow centred investors.

    The socio-economic environment of The Caves shines with a promising Index of Relative Socio-economic Advantage and Disadvantage (IRSAD) score of 947 out of 1,217. With a substantially low renter to owner ratio of just 10%, the real estate market here may present long-term returns as competition among landlords for tenants remains steady. Since the units to houses ratio is at a complete zero, the neighbourhood avoids the risk of oversaturation with rental properties, which can typically impact rental yields adversely.

    Making property ownership attainable and comfortable for locals, The Caves brags an affordability index of 23 years. This means that, overall, it takes less time for residents to fully own their homes compared to other suburbs.

    In terms of supply dynamics, stock on market Percentage for houses is a neutral 0.53%, contributing to a balanced property market. The inventory Level sits at around the median with a 4.0 month listing time, suggesting that the market absorbs new listings at a moderate pace. The building approvals Ratio, a signal of future property supply, is low at 0.27%, indicating a lack of forthcoming surges in property availability.

    The average number of days on market for houses in The Caves is notably low at just 25 days, reflecting a high buyer demand. Although the vacancy rate for homes is at a modest 2.56%, this indicates a healthy balance between supply and demand, contributing to steady rental income for property owners. An average buy search index of 5, matches the state averages showcasing an ongoing buyer interest in this suburb.

    With a lucrative yield, reasonable property prices, and a balanced supply to demand ratio, The Caves is a suburb that, although may have some neutral metrics, presents a majority of favourable indicators for property investors and buyers alike. More comprehensive analysis, facilitated through metrics such as the Relative Composite Score (RCS) developed by HtAG analytics, can further aid in-depth understanding and smart investment decision-making, ensuring an advantageous journey in the Australian property market.

    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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