This property is Off Market
With an average age of 51, households expect an average monthly mortgage payment of $2,124 or a weekly rent payment of $660. The average family earns a weekly income of $2,324 with a typical household size of 3.1 and a 91.38% employment rate.
Consistent high demand relative to supply is a key feature in Burpengary East driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Burpengary East are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Burpengary East 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 Burpengary East 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 Burpengary East 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 Burpengary East a better buying opportunity than it may have been in the past.
(Country of Birth not stated 2%)
Burpengary - East 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
51 / 100
32 / 100
Industry
19 / 100
32 / 100
Population
37 / 100
40 / 100
House Prices
84 / 100
63 / 100
Jobs
25 / 100
31 / 100
Incidents Trend State Average
Deception Bay North State School
Deception Bay, QLD, 4508 State Prep-6
Christ the King Catholic Primary School
Deception Bay, QLD, 4508 Independent Prep-6
Burpengary State School
Burpengary, QLD, 4505 State Prep-6
Morayfield East State School
Morayfield, QLD, 4506 State Prep-6
Arethusa College
Deception Bay, QLD, 4508 Independent 7-12
Burpengary State Secondary College
Burpengary, QLD, 4505 State 7-12
Beachmere State School
Beachmere, QLD, 4510 State Prep-6
St Eugene College
Burpengary, QLD, 4505 Independent Prep-12
Morayfield State High School
Morayfield, QLD, 4506 State 7-12
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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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