Suburb Profile Report for Geebung QLD (4034)

Geebung House: Median price $512,000, Annual capital growth 5.37%, Number of sales 77, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report

Investment property in Geebung has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.67%

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

Property buyers and investors in Geebung 4034 should be seeing an average reduction in asking price of around -5.33% . This means that Geebung is holding prices well when compared to other suburbs in QLD.

In the last year 77 properties changed hands in Geebung, which puts it as the 313th most active market in QLD when comparing the number of sales per suburb.

Advertised rents are around the $400 mark per week – giving a return of 4.06% based on the median price in Suburb

HOUSE UNIT
$512,000 N/A
0.39% N/A
6.67% N/A
5.37% N/A
$400 N/A
77 N/A
4.06% N/A
28.67 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 4619
Median household income ($/weekly) 1340
Median age of persons 37
Median housing loan repayment ($/monthly) 1945
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 583 12.6
    25-34 years 611 13.2
    35-44 years 705 15.3
    45-54 years 594 12.9
    55-64 years 423 9.2
    Others 1704 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 1653 48.1
    Not Married 1462 42.5
    Defacto Relationship 324 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3581 80.6
    Indonesia 66 1.5
    Papua New Guinea 206 4.6
    United Kingdom 154 3.5
    Other 157 3.5
    Others 280 6.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 54 1.3
    Christianity 3188 74.7
    Hinduism 50 1.2
    Other Religious Groups 57 1.3
    No Religion 899 21.1
    Others 19 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 142 9.3
    $1,000-$1,249 144 9.4
    $1,500-$1,999 224 14.7
    $2,000-$2,499 168 11.0
    $2,500-$2,999 143 9.4
    Others 704 46.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1448 40.6
    Not in the labour force 1187 33.3
    Employed, worked part-time 684 19.2
    Employed, away from work 132 3.7
    Unemployed, looking for work 113 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 243 10.7
    Professionals 481 21.3
    Technicians & trades workers 308 13.6
    Clerical & administrative workers 409 18.1
    Sales 228 10.1
    Others 594 26.2
    Occupation
    Census Count Percent(%)
    Pre-school 56 5.4
    Infants/Primary 405 38.9
    Secondary 218 20.9
    Technical or Further Educational Institution 118 11.3
    University or other Tertiary Institutions 220 21.1
    Others 25 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4143 93.5
    Semi-detached, row or terrace house, townhouse 204 4.6
    Flat, unit or apartment 72 1.6
    House or flat attached to a shop, office 10 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 635 38.0
    Fully owned 589 35.2
    Rented 440 26.3
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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