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Investment Property Cleveland, QLD, 4163

Suburb Snapshot

Cleveland is a suburb in the Redland Region of Queensland. Cleveland has a population of 14,797 people and 30.10% of its occupants live in rental accommodation. The median listing price for houses is $1,200,000 and this has changed 26.31% over the past year and changed 41.17% over 2 years.

The median rent in Cleveland for houses is $710 per week and the median rental yield is 3.07%. Stock on the market for houses/townhouses has changed -2.11% compared to last year and the average time to sell a house/townhouse is 79 days.The median listing price for units is $850,000 and this has changed 21.42% over the past year. The average unit takes 118 days to sell and the median rent for a unit in Cleveland is $600 per week, producing a rental yield of 3.67%.

Supply & Demand in Cleveland, Redland

0.54%

Current vacancy rate


44

Rental stock available


14,797

Population


30.10%

Rental population


0.59%

Current vacancy rate


403

Rental stock available


147,011

Population


22.73%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Cleveland, Redland

  House Townhouses Units
Median listing price $1,200,000 $700,000 $850,000
Median price change - last quarter 4.54% 0.14% 6.25%
Median price change - 1 year 26.31% 7.85% 21.42%
Median price change - 2 years 41.17% 40.84% 50.97%
  House Townhouses Units
Median weekly rent $710 $600 $600
Median yield % 3.07% 4.45% 3.67%
Median rent change - 1 year 5.18% 9.09% 9.09%
  House Units
Previous month sales 18 4
Stock on market previous month 93 52
Stock variance vs. last year -2.11% -11.86%
Average days on market 79 118

Cleveland investment property listings

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