Suburb Profile Report for Nudgee QLD (4014)

Nudgee House: Median price $650,000, Annual capital growth 8.59%, Number of sales 105, Weekly median advertised rent $535

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Nudgee, 4014 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 14.74%.

Over the longer term, Nudgee has seen property prices show investors a 20.37% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Nudgee is offering property investors an average of -7.29. This rate of discount on properties puts Suburb at number 562th in terms of most discounted suburbs in QLD

At number 949 in a list of fastest selling suburbs, Nudgee is in the TOP 30% of suburbs in Australia with an average of days on market 61.9 for properties listed there.

With the median price for a house in Nudgee being $650000 and the advertised rent reaching $535 the gross rental yield for property investors calculates out to be 4.28%

HOUSE UNIT
$650,000 N/A
3.17% N/A
14.74% N/A
8.59% N/A
$535 N/A
105 N/A
4.28% N/A
61.9 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Good (U)
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Demographics
Total population 2855
Median household income ($/weekly) 1684
Median age of persons 37
Median housing loan repayment ($/monthly) 2167
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 350 12.3
    25-34 years 402 14.1
    35-44 years 477 16.7
    45-54 years 354 12.4
    55-64 years 271 9.5
    Others 1001 35.1
    Age Group
    Census Count Percent(%)
    Registered Married 980 49.4
    Not Married 796 40.1
    Defacto Relationship 207 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2230 81.4
    Indonesia 67 2.4
    Papua New Guinea 100 3.6
    United Kingdom 87 3.2
    Other 54 2.0
    Others 203 7.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 1.1
    Christianity 2056 77.6
    Hinduism 14 0.5
    Other Religious Groups 46 1.7
    No Religion 492 18.6
    Others 14 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 74 8.9
    $1,500-$1,999 128 15.4
    $2,000-$2,499 99 11.9
    $2,500-$2,999 97 11.7
    $3,000-$3,499 75 9.0
    Others 358 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 927 42.0
    Not in the labour force 715 32.4
    Employed, worked part-time 415 18.8
    Employed, away from work 93 4.2
    Unemployed, looking for work 57 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 153 10.7
    Professionals 324 22.6
    Technicians & trades workers 198 13.8
    Clerical & administrative workers 274 19.1
    Labourers 132 9.2
    Others 355 24.7
    Occupation
    Census Count Percent(%)
    Pre-school 28 4.4
    Infants/Primary 241 37.8
    Secondary 155 24.3
    Technical or Further Educational Institution 64 10.0
    University or other Tertiary Institutions 129 20.3
    Others 20 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2569 99.3
    Semi-detached, row or terrace house, townhouse 14 0.5
    House or flat attached to a shop, office 5 0.2
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 418 45.9
    Fully owned 295 32.4
    Rented 197 21.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals