This property is Off Market
With an average age of 46, households expect an average monthly mortgage payment of $1,311 or a weekly rent payment of $200. The average family earns a weekly income of $1,286 with a typical household size of 2.6 and a 99.42% employment rate.
In Severnlea there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Severnlea is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Severnlea changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Severnlea necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Severnlea we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Severnlea a better buying opportunity than it may have been in the past.
(Country of Birth not stated 7%)
Stanthorpe Region a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
13 / 100
32 / 100
Industry
12 / 100
32 / 100
Population
30 / 100
40 / 100
House Prices
42 / 100
63 / 100
Jobs
18 / 100
31 / 100
Incidents Trend State Average
Broadwater State School
Broadwater, QLD, 4380 State Prep-6
St Joseph's School
Stanthorpe, QLD, 4380 Independent Prep-12
The Summit State School
The Summit, QLD, 4377 State Prep-6
Greenlands State School
Greenlands, QLD, 4380 State Prep-6
Applethorpe State School
Applethorpe, QLD, 4378 State Prep-6
Stanthorpe State School
Stanthorpe, QLD, 4380 State Prep-6
Glen Aplin State School
Glen Aplin, QLD, 4381 State Prep-6
Ballandean State School
Ballandean, QLD, 4382 State Prep-6
Severnlea State School
Severnlea, QLD, 4380 State Prep-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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