Suburb Profile Report for Nundah QLD (4012)

Nundah House: Median price $671,000, Annual capital growth 5.52%, Number of sales 116, Weekly median advertised rent $450

Nundah Unit: Median price $401,000, Annual capital growth 4.11%, Number of sales 272, Weekly median advertised rent $385

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -5.82% for the last 12 months, Nundah, 4012 has performed for property investments than its average annual 5.52% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Nundah has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Nundah should be aiming for at least -5.16% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Nundah being $671000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.49%

Property value increases in Nundah have tracked lower than the QLD average of 0.98% over the last 12 months.

While Nundah,4012 ranked number 317th in QLD for increase in median house value (annualised) increase, it is ranked 135th over the last 5 years.

Property buyers and investors in Nundah 4012 should be seeing an average reduction in asking price of around -5.03% . This means that Nundah is holding prices well when compared to other suburbs in QLD.

At number 663 in a list of fastest selling suburbs, Nundah is just in the top half of suburbs in Australia with an average of days on market 73.78 for properties listed there.

Nundah, 4012’s gross rental yield is 4.99%

Metrics i HOUSE UNIT
$671,000 $401,000
-0.59% -4.52%
-5.82% -6.20%
5.52% 4.11%
$450 $385
116 272
3.49% 4.99%
42.98 73.78

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
Find a mortgage broker in Nundah QLD
Demographics
Total population 10386
Median household income ($/weekly) 1317
Median age of persons 34
Median housing loan repayment ($/monthly) 2000
Average household size 2
  • Census Count Percent(%)
    20-24 years 1027 9.9
    25-34 years 2527 24.3
    35-44 years 1692 16.3
    45-54 years 1232 11.9
    55-64 years 1011 9.7
    Others 2896 27.9
    Age Group
    Census Count Percent(%)
    Not Married 4466 53.7
    Registered Married 2687 32.3
    Defacto Relationship 1166 14.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 6893 69.6
    Indonesia 455 4.6
    Papua New Guinea 556 5.6
    United Kingdom 420 4.2
    Other 540 5.5
    Others 1033 10.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 187 2.0
    Christianity 6127 64.5
    Hinduism 331 3.5
    Other Religious Groups 210 2.2
    No Religion 2466 26.0
    Others 176 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 439 9.9
    $1,250-$1,499 399 9.0
    $1,500-$1,999 605 13.7
    $2,000-$2,499 415 9.4
    $2,500-$2,999 433 9.8
    Others 2135 48.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4337 50.1
    Not in the labour force 2149 24.8
    Employed, worked part-time 1520 17.6
    Employed, away from work 327 3.8
    Unemployed, looking for work 323 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 631 10.2
    Professionals 1646 26.6
    Technicians & trades workers 718 11.6
    Community & personal service workers 572 9.2
    Clerical & administrative workers 1188 19.2
    Others 1431 23.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 489 24.9
    Secondary 374 19.0
    Technical or Further Educational Institution 259 13.2
    University or other Tertiary Institutions 640 32.6
    Other type of educational institution 122 6.2
    Others 82 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 4673 47.8
    Separate house 4003 41.0
    Semi-detached, row or terrace house, townhouse 1080 11.1
    House or flat attached to a shop, office 10 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2572 54.7
    Being purchased 1260 26.8
    Fully owned 846 18.0
    Other tenure type 21 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals