20 Feb 2020

Highland Park Property Market Data 2019

Highland Park is a suburb of the City of Gold Coast Queensland that lies on the Nerang River. Settlement of the area dates from the 1860s, with land used mainly for timber-getting, cotton growing and sugar growing.

Some growth took place during the late 1800s, aided by improved access and growth in the dairy industry. Significant residential development occurred during the 1980s. The population continued to increase substantially during the early 1990s as large numbers of new dwellings were added to the area. Growth continued at a slower rate between 1996 and 2011 as fewer new dwellings were added.

Highland Park is a mainly residential area, with some commercial land use.

(Information from Wikipedia (Highland Park) & profile.id.com.au (Gold Coast City Council)

 

Market Statistics


The level of competition in a suburb can affect prices and availability

 

Supply and Demand in Highland Park


  • 762 – Visits per property in Highland Park (average)
  • 402 – Visits per property in Queensland (Yearly Average)

 

Median House Prices


  • Buy – $525,000 (Price data last updated 31st October 2019)
  • Rent – $500 PW (Rent data last updated 27th November 2019)

 

Median Unit Prices


  • Buy – $309,000 (Price data last updated 31st October 2019)
  • Rent – $375 PW (Rent data last updated 27th November 2019)

 

Lifestyles and Demographics of Highland Park


The lifestyle of a suburb is often influenced by who lives there.

  • 21.1% Established Couples & Families
  • 17.6% Older Couples & Families
  • 12.0% Maturing Couples & Families
  • 10.2% Maturing & Established Independence
  • 10.1% Elderly Couples
  • 7.8% Elderly Singles
  • 6.9% Independent Youth
  • 6.6% Older Independence
  • 4.2% Elderly Families
  • 3.5% Young Families

(Information from realestate.com.au 29th December, 2019)

 

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