Acacia Ridge, QLD

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Livability Index
99.2
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Population: 6945

House Growth Prediction (per annual): 18%, 2695th out of 5061

Unit Growth Prediction (per annual): 16%, 1162th out of 2987

Keywords: Young, Active Market, Business Area, Tourism, Born Overseas, Diverse Language, Manufactoring, Trade

Basics

Acacia Ridge is a local community with population 6,945, and the population growth over the past decade is 9.01%. It has an average income $42,873.67 per annum. It has 67.8% of population who only speak English at home. Other top languages include Arabic, Vietnamese, Spanish, Bosnian, Samoan. Unemployment rate in Acacia Ridge is 8.9% while people work as professionals is 12.9%. Acacia Ridge has 0 Coles stores and 0 Woolworth stores. Its population density is 324.3 people per Square Kilometre.

Socio-Economic Indicator and Livability Index

Acacia Ridge has Socio-Economic raw score 877.8 while the average score across Australia is 1000. Therefore, Acacia Ridge has disadvantage in terms of Socio-Economic measure. It obtains relative score 9 out of 100 across Australia, while relative score 10 out of 100 within QLD. Factors considered in this score include income, education level, unemployment, occupation, housing pressure and so on. This score is generated by Australia Bureau of Statistics (ABS).

Similar to Socio-Economic measure, GeoIndex computes smart livability index by considering additional factors, including rental rate against income, property price against income, safety, transport, access convenience, environment, population density and so on. Acacia Ridge has a livability index 97.8, which is lower than average 100 across Australia. It ranks 3,976th out of 8,530 suburbs across Australia. Therefore, it is a suburb less livable for local communities.

Real Estate Price Forecast and Investment Guide

Based on our more than ten millions of historical property transaction data, wide range of predictors and cutting-edge algorithm, we predict the house price would grow by 7% per annum in following 1-3 years. Comparing to average house growth rate 10.7% in Australia, Acacia Ridge has a higher than average growth expectation. It ranks 2,722th out of 8,530 suburbs in Australia, which is predicted to be attractive to investors.

Unlike house, unit/flat/apartment in Acacia Ridge is predicted to decline by -2.8% per annum in following 1-3 years. Comparing to average unit growth rate 3.7% in Australia, Acacia Ridge has a lower than average growth. It ranks 418th out of 8,530 suburbs in Australia, which is predicted to be not attractive to investors.

Education: Primary and Secondary School Index

As for education, Primary public school NA the attractiveness of Acacia Ridge, which obtains score of NA out of 100 within QLD based on local primary school student exam performance. NA primary school, secondary public school hurt the attractiveness of Acacia Ridge, which obtains score of 43 out of 100 within QLD based on local secondary school student exam performance. Considering the background of students in primary school, Acacia Ridge has a NA than average score, which is NA out of 100. NA to primary school, secondary school has worse than average score, which is 26.1 out of 100.

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Acacia Ridge, QLD smart rating was calculated by GeoIndex Australia.

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