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Silkstone, QLD 4304

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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 Silkstone, QLD 4304 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 “Silkstone, QLD 4304”

  1. The total adult population (15 years or older) of Silkstone 4304 QLD is 3,086, with a median age of 38. Of those, 38.53% are married, 16.36% are divorced or separated, 39.21% are single and 5.83% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $6,504. The median monthly mortgage repayment for households in this suburb is $1,383 which is 21.26% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in the sunny state of Queensland, Silkstone 4304 is home to approximately 1,806 households. As we delve into Q3 2023 property market statistics for this suburb, it’s apparent that Silkstone presents a captivating prospect for property investors and buyers.

    Houses in Silkstone typically exchange owners at about $516,386, with median rents matching up to $425 per week. This translates into an attractive indicative yield of approximately 4.28%, a figure surpassing the minimum attractive market requirement of 3% for income-focused property investors. This positive yield points to a healthy investment environment centred around favourable cashflows.

    Silkstone scores a 906 out of 1217 on the IRSAD scale, indicating that the suburb’s residents enjoy a comparatively decent socio-economic status. This suggests an environment with moderate to high income levels and a higher possibility of long-term tenant agreements, further enhancing the investment appeal of the area.

    The units to houses ratio in the suburb stands at a mere 1%, indicating a market predominantly filled with houses. With less competition among landlords for tenants, the potential for higher rental yields emerges. Furthermore, this low units to houses ratio often appeals more to families, which could lead to longer tenancy periods, bringing stability to your investment.

    Navigating the balance between rented and owned properties, 36% of residences in Silkstone are rented. Although being over the favourable level of 30%, it’s still under the 45% mark that raises red flags, indicating a fairly healthy mix of owners and renters in the area.

    However, it’s worth noting the affordability index rests at 31 years, slightly above the typical norm of 30 years. Although marginally exceeding the favourable limit, this alone should not undermine the positive figures elsewhere.

    From a supply perspective, Silkstone holds strong cards with a stock on market percentage and inventory level for houses at 0.37% and 0.79 months respectively. These low rates signify a low quantity of supply, an advantageous position that often leads to better competition among buyers and ultimately, higher property prices.

    Further solidifying Silkstone’s enticing investment prospect is the low building approvals Ratio at 0.06%, pointing to a limited upsurge in new dwellings in the near future. Coupled with an average of 39 days on the market for houses, demand remains robust in the area.

    A convincing piece of evidence of strong demand is the vacancy rate, which combined for houses and units stands at a meagre 0.46%. Low vacancy rates such as this allude to high demand – an extremely appealing signal to landlords as renters are more likely to pay higher due to limited alternatives.

    And lastly, with a buy search index of 5, Silkstone sits right at the Queensland average for online buy search queries. A figure that suggests a steady and continuous interest from potential buyers.

    In essence, Silkstone displays an inviting blend of property statistics that combine to form an encouraging property picture for investors. While a few figures like the affordability index slightly exceed the favourable range, they’re offset by a majority of strong stats. Remember, market trends are crucial in understanding the potential of a suburb like Silkstone; refer to the dashboard for a comprehensive view.

    Finally, consider the advanced Relative Composite Score (RCS) developed by HtAG Analytics. This score synthesises research by incorporating over 80 metrics, giving investors a more elaborate understanding of the property market. Silkstone’s RCS will be a valuable tool for potential investors aiming to capitalise on its promising market indicators.

    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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