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Biggera Waters, QLD 4216

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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 Biggera Waters, QLD 4216 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 

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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 “Biggera Waters, QLD 4216”

  1. The total adult population (15 years or older) of Biggera Waters 4216 QLD is 8,809, with a median age of 44. Of those, 37.21% are married, 19.65% are divorced or separated, 37.05% are single and 6.12% are widowed.

    The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $6,588. The median monthly mortgage repayment for households in this suburb is $1,699 which is 25.79% of their earnings.

    Source: ABS Census Data (2021)

  2. The coastal suburb of BIGGERA WATERS, postcode 4216, nestled within the state of Queensland (QLD), is home to approximately 5,651 households. As we manoeuvre further into the third quarter of 2023, market data reveals that houses in this suburb typically command a price of around $1,098,071. This is accompanied by a median weekly rent price of $833, resulting in an indicative yield of a relatively decent 3.94%.

    Biggera Waters has a socio-economic score, or IRSAD, of 972 out of a possible 1,217. This score suggests that the residents are reasonably well off, with suitable access to economic resources and a notch above average income probabilities. However, the renter to owner ratio sits somewhat high at 47%, indicating a more significant rental presence that may increase competition and impact long-term returns for investors.

    Moreover, the suburb reflects a high proportion of units to houses, with a ratio of 64%. This saturation may pile up competition within the rental market and potentially risk an oversupply should market conditions shift. Meanwhile, the affordability index for houses tenders at 65 years, indicating a longer-than-average time to fully own a property, which may deter some potential homeowners.

    Examining the market from a supply perspective, Biggera Waters presents a stock on market Percentage of 0.88% for houses. This falls within the neutral range, not too high that it suggests an oversupply but not limited either. The inventory level sits favourably at 1.75 months, suggesting a market readily absorbent of new listings. The Building Approval Ratio for houses stays on the low side at just 0.22%, indicating a low influx of new stock entering the market.

    Moving onto demand metrics, houses in Biggera Waters stay on the market for an average of 57 days. While not within the high demand range, it suggests moderate interest from buyers. The combined vacancy rate for houses and units is a low 1.58%, thus signalling a good level of demand and less likelihood of an investor’s property sitting empty. The buy search index for houses stands at 4 aligning with the state’s norm, further supporting the notion of a stable demand for houses in the suburb.

    As always, the best investment decisions are informed ones, and potential investors must consider trends and additional metrics. The Relative Composite Score (RCS) developed by HtAG Analytics provides an effective tool for market analysis, utilising more than 80 metrics to automate this investigation. Balancing these market characteristics can help investors identify potential opportunities for both capital gains and positive cash flow.

    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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