2. QLD
  3. Southern Downs

Houses Units

Here you can find what you need to know about The Summit, QLD, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$608K Median Sale Price (National Average $485k) 677th In QLD
56.27% Median Sale Price Change (1yr) (National Average 4.30%) 3rd In QLD

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

The Summit, QLD National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

The Summit, QLD National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

The Summit, QLD National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in The Summit


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State Auction Clearance Rates


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Suburb Information

The Summit, QLD 4377

Part of: Southern Downs Council No data available

The size of The Summit is approximately 16.5 square kilometres. It has 1 park covering nearly 0.1% of total area. The population of The Summit in 2011 was 484 people. By 2016 the population was 407 showing a population decline of 15.9% in the area during that time. The predominant age group in The Summit is 50-59 years. Households in The Summit are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in The Summit work in a labourer occupation. In 2011, 80.4% of the homes in The Summit were owner-occupied compared with 76.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in The Summit

Demographic data provided
by Australian Bureau of Statistics

Market Trends for The Summit   for Houses in last 12 months

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