Suburb Profile Report for Upper Kedron QLD (4055)

Upper Kedron House: Median price $635,000, Annual capital growth 4.59%, Number of sales 48, Weekly median advertised rent $550

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

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Giving property investors a an average capital gain of 4.96% for the last year, Upper Kedron, 4055 is the 2197th highest performer in Australia in this respect.

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

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Upper Kedron, 4055. Typically our figures indicate that -3.72% is being offered, which puts this QLD suburb at 3251th most discounted overall in Australia.

Upper Kedron, 4055’s gross rental yield is 4.50%

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April 2017

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Located in the outer ring of Brisbane, Upper Kedron has been reporting consistent growth for the past five years, even though the increase rate has been trending downwards thus far.Full summary

QLD – Stock shoots up in developing suburb
Median house price: $611,000
Stock on market: 100.00%
12-month growth: 0.99%

Located in the outer ring of Brisbane, Upper Kedron has been reporting consistent growth for the past five years, even though the increase rate has been trending downwards thus far.

Despite house prices rising by only 0.99% in the past 12 months, vendors have been able to unload properties at a very low average discount rate of 2.6%. Moreover, investors can gain reasonable returns of nearly 5%. The local property market may have been affected by the amount of stock on market skyrocketing by 100% over the same period.

With development ongoing in Upper Kedron, this increase in supply is certainly to be expected. Since it is situated at the edge of Brisbane Forest Park, it could attract those who wish to reside close to nature. Neighbouring suburb The Gap is just a short distance for shopping needs. Brisbane itself is just roughly 30 minutes away by car.

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Metrics i HOUSE UNIT
$635,000 N/A
2.01% N/A
4.96% N/A
4.59% N/A
$550 N/A
48 N/A
4.50% N/A
56.43 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 3431
Median household income ($/weekly) 2156
Median age of persons 31
Median housing loan repayment ($/monthly) 2100
Average household size 3.4
  • Census Count Percent(%)
    0-4 years 378 11.0
    5-14 years 709 20.7
    25-34 years 416 12.1
    35-44 years 699 20.4
    45-54 years 431 12.6
    Others 800 23.3
    Age Group
    Census Count Percent(%)
    Registered Married 1466 65.8
    Not Married 586 26.3
    Defacto Relationship 175 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2792 82.8
    Papua New Guinea 103 3.1
    South Africa 23 0.7
    United Kingdom 216 6.4
    Other 74 2.2
    Others 165 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 1.0
    Christianity 2425 74.3
    Islam 13 0.4
    Other Religious Groups 17 0.5
    No Religion 760 23.3
    Others 15 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 66 7.5
    $1,500-$1,999 166 18.9
    $2,000-$2,499 143 16.3
    $2,500-$2,999 137 15.6
    $3,000-$3,499 119 13.6
    Others 246 28.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1104 48.0
    Not in the labour force 519 22.6
    Employed, worked part-time 510 22.2
    Employed, away from work 107 4.7
    Unemployed, looking for work 61 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 230 13.4
    Professionals 450 26.2
    Technicians & trades workers 197 11.5
    Community & personal service workers 256 14.9
    Clerical & administrative workers 291 16.9
    Others 295 17.2
    Occupation
    Census Count Percent(%)
    Pre-school 78 6.9
    Infants/Primary 539 47.4
    Secondary 275 24.2
    Technical or Further Educational Institution 69 6.1
    University or other Tertiary Institutions 158 13.9
    Others 17 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3344 99.9
    Flat, unit or apartment 4 0.1
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 508 51.9
    Rented 281 28.7
    Fully owned 184 18.8
    Other tenure type 5 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals