Svensson Heights is a smaller suburb in Queensland within the Bundaberg local government area (postcode 4670). With a population of 3,334, the suburb has an established demographic with a median age of 44. Households earn a median income of $55K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, professionals, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Svensson Heights is $440,000, having surged 14.3% over the past year. Units have a median price of $360,000 (+45.3% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 5.9%. The median monthly mortgage repayment is $1,213.
The crime rate in the Bundaberg LGA is moderate at 5,052 incidents per 100,000 population.
From an investment perspective, Svensson Heights offers a gross rental yield of 5.9%, rated as high yield. Property prices sit below the state median ($440K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.0x is considered moderate. House prices have moved +14.3% year-on-year.
Svensson Heights is a smaller suburb in Queensland within the Bundaberg local government area (postcode 4670). With a population of 3,334, the suburb has an established demographic with a median age of 44. Households earn a median income of $55K per year, with an average household size of 2.2 people. The most common occupations are community & personal service, professionals, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Svensson Heights is $440,000, having surged 14.3% over the past year. Units have a median price of $360,000 (+45.3% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 5.9%. The median monthly mortgage repayment is $1,213.
The crime rate in the Bundaberg LGA is moderate at 5,052 incidents per 100,000 population.
From an investment perspective, Svensson Heights offers a gross rental yield of 5.9%, rated as high yield. Property prices sit below the state median ($440K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.0x is considered moderate. House prices have moved +14.3% year-on-year.