Lot 14 Elwyn Drive

Cedar Vale QLD 4285

The size of Cedar Vale is approximately 15.6 square kilometres. It has 9 parks covering nearly 5.3% of total area. The population of Cedar Vale in 2011 was 2,970 people. By 2016 the population was 2,792 showing a population decline of 6.0% in the area during that time. The predominant age group in Cedar Vale is 40-49 years. Households in Cedar Vale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cedar Vale work in a trades occupation. In 2011, 88.2% of the homes in Cedar Vale were owner-occupied compared with 89.9% in 2016.

Cedar Vale has 1,022 properties. Over the last 5 years, Houses in Cedar Vale have seen a 95.66% increase in median value, while Units have seen a -65.22% decrease. As at 31 August 2024:

• The median value for Houses in Cedar Vale is $960,894 while the median value for Units is $464,384.
• Houses have a median rent of $698.