Fraud Blocker

Eastern Heights, QLD 4305

Home » QLD Real Estate Data » Ipswich City, QLD » Eastern Heights, QLD 4305

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 Eastern Heights, QLD 4305 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

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
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.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Eastern Heights, QLD 4305”

  1. The total adult population (15 years or older) of Eastern Heights 4305 QLD is 3,056, with a median age of 45. Of those, 39.43% are married, 15.05% are divorced or separated, 35.34% are single and 10.05% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $7,084. The median monthly mortgage repayment for households in this suburb is $1,400 which is 19.76% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Eastern Heights, postcode 4305, is situated in Queensland and is home to an estimated 1665 households. For the third quarter of 2023, the typical house price in Eastern Heights stands at $539,142. Houses in this area garner a median weekly rent of $418, offering an appealing indicative yield of 4.03% for potential property investors.

    Eastern Heights presents a socio-economic advantage with an IRSAD score of 930 out of 1217, showing a significant access to economic resources, high income levels, and an abundance of skilled professions. The renter to owner ratio is a favourable 28%, which indicates a healthy balance of owner-occupiers and renters within the suburb.

    The ratio of units to houses is a favourable 1% – this reduced proportion of units suggests less rental competition among landlords and tends to attract more long-term tenants, particularly families. The affordability index for the houses is 30 years, positioning Eastern Heights within a desirable range for buyers in terms of the potential to fully own a property based on a standard 30-year mortgage.

    The supply metrics in Eastern Heights reveal a favourable situation for both investors and sellers. The stock on market Percentage for houses is a low 0.38%, indicating a low supply, which could drive up prices. The inventory level for houses is a low 0.81 months – a favourable indicator of the market’s capacity to absorb new listings.

    Furthermore, the building approvals Ratio for houses is a low 0.06%, indicating a further limitation on the supply of new houses in the future. The average days on the market for houses is a short 27 days – a further sign of high demand.

    The vacancy rate in Eastern Heights, considering both houses and units, is a reasonable 1.65%. This falls within the acceptable range and indicates a balanced market. The buy search index for houses, standing at 5, implies that search demand for houses in the suburb is at par with the state/city average.

    In summary, Eastern Heights appears to present a promising investment opportunity, thanks to a combination of favourable economic indicators, a balanced market, and strong demand. However, as with all real estate investment, it is pivotal to stay connected with the latest market trends and data. This will ensure that you spot potential opportunities for capital gains and positive cash flow. With the right insight and strategic planning, Eastern Heights might just be your next profitable property investment location.

    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.

Leave a comment