Thinking about buying in Prospect Hill? Now could not be a better time, with just 93 residential dwellings it's a highly sought after location.
The average property price for this area is $561,000 with prices in this suburb ranging from $561,000 to $561,000.Distance to the coast is 21 Km.
Consistent high demand relative to supply is a key feature in Prospect Hill driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Prospect Hill are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Prospect Hill provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Prospect Hill necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
|Median Weekly Rent||$340.00|
|Median Monthly Mortgage||$1733.00|
|Median Persons Per Bedroom||0.80|
|Average Household Size||3.00|
|Average Cars Per Dwelling||2.97|
|Average Properties Within 50M||1.00|
None within suburb boundary(While the above schools are located with the suburb of Prospect Hill there may also be nearby schools whose catchments cover this suburb)
Incidents Trend State Average
| (mm) |
|Min (°C) |
|Max (°C) |
|Min (%) |
|Max (%) |
| (m/sec) |
| (MJ/sq m) |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!