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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Denman Prospect, the median property price for a house is currently 1,015,000 with annual capital growth of -30.72 . There were 57 house sales in the past 12 months. On average, houses spend 82 days on market.
If you're thinking about buying an investment property in Denman Prospect, consider that rental yields for houses are currently 3.84 with an average median rent of 988 weekly. Houses have seen -21.17 growth in the past quarter, and -30.72 growth in the past 12 months.
The size of Denman Prospect is approximately 4.7 square kilometres. It has 2 parks covering nearly 12.8% of total area. The population of Denman Prospect in 2006 was 623 people. By 2011 the population was 490 showing a population decline of 21.3% in the area during that time. The predominant age group in Denman Prospect is 40-49 years.
Households in Denman Prospect are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Denman Prospect work in a professional occupation. In 2006, 30.7% of the homes in Denman Prospect were owner-occupied compared with 46.4% in 2011.
In Denman Prospect, the median property price for a unit is currently 627,000 with annual capital growth of 0.88 . There were 64 unit sales in the past 12 months. On average, units spend 62 days on market.
If you're thinking about buying an investment property in Denman Prospect, consider that rental yields for units are currently 5.12 with an average median rent of 580 weekly. Units have seen 0.80 growth in the past quarter, and 0.88 growth in the past 12 months.
The size of Denman Prospect is approximately 4.7 square kilometres. It has 2 parks covering nearly 12.8% of total area. The population of Denman Prospect in 2006 was 623 people. By 2011 the population was 490 showing a population decline of 21.3% in the area during that time. The predominant age group in Denman Prospect is 40-49 years.
Households in Denman Prospect are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Denman Prospect work in a professional occupation. In 2006, 30.7% of the homes in Denman Prospect were owner-occupied compared with 46.4% in 2011.
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| Key Market Data | House | Unit |
| Median price | 1,015,000 | 627,000 |
| Quarterly growth | -21.17 | +0.80 |
| 12-month growth | -30.72 | +0.88 |
| Average annual growth | +2.66 | – |
| Weekly median rent | 988 | 580 |
| Gross rental yield | 3.84 | 5.12 |
| Number of Sales (12m) | 57 | 64 |
| Avg. Days on Market (12m) | 82 | 62 |
| Key Demographics | 2011 | 2016 |
| Total population | 490 | – |
| Population change (5y) | -21.35 | -21.30 |
| Median household income (p/w) | 1,984 | – |
| Household income change (5y) | +42.32 | – |
| Median age of persons | 31 | – |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The predominant age group in Denman Prospect is 40-49 years.
Most of the population in Denman Prospect were born in Australia.
Most of the population in Denman Prospect report their religion as No Religion.
Most of the population in Denman Prospect report their income range as between 78,000 and 130,000 .
The median household income in Denman Prospect was 1,984 in 2011, a +42.32 change compared to 2006.
Most of the population in Denman Prospect work as Professional.
The chart below demonstrates the various levels of education in Denman Prospect.
Most of the population in Denman Prospect reached a qualification level of Certificate.
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