Suburb Profile Report for Doolandella QLD (4077)

Doolandella House: Median price $489,000, Annual capital growth 5.75%, Number of sales 56, Weekly median advertised rent $400

Doolandella Unit: Median price $335,000, Annual capital growth -0.07%, Number of sales 77, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Investment property in Doolandella 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 9.89%

Taking the average capital gain, or increase in median house value, Doolandella,4077 has racked up an average of 9.89% over the period. This ranks it number 2101th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Doolandella is offering property investors an average of -7.05. This rate of discount on properties puts Suburb at number 678th in terms of most discounted suburbs in QLD

Advertised rents are around the $400 mark per week – giving a return of 4.25% based on the median price in Suburb

Doolandella, 4077 ranked 265th in QLD when comparing growth in median property values or capital gain over the last 12 months. Doolandella is one of 2415 in our list for QLD

Doolandella,4077 was ranked 1354 in Australia by increase in median property value over the quarter.

With the median price for a house in Doolandella being $335000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 5.28%

Information supplied by:


March 2017

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Full summary

Median unit price: $349,700
Stock on market: -32.2%
12-month growth: 1.95%

Doolandella is a growing outer suburb of Brisbane, situated next to Forest Lakes, around 20km south-west of the CBD. Forest Lakes was one of the first major master-planned communities in Brisbane, and Doolandella has followed suit, growing substantially in the last 15 years.

With access to plenty of schools, green open spaces and parklands, Doolandella is a family-friendly suburb that is conveniently situated near the Brisbane CBD, with great access to both the Ipswich and Logan Motorway.

In 2004, a total of 70 houses with a population of 255 were recorded in the suburb. By the 2011 Australian Census, the population had swelled to over 3,100, with the number of occupied dwellings rising to 934. The number of available properties has shrunk in recent years, in response to increasing demand.

It is still possible to buy acreage homes in the area, though these are increasingly being subdivided into smaller property lots to make way for new development.

Close
Metrics i HOUSE UNIT
$489,000 $335,000
5.39% -1.76%
9.89% -4.29%
5.75% -0.07%
$400 $340
56 77
4.25% 5.28%
62.87 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in Doolandella QLD
Demographics
Total population 3104
Median household income ($/weekly) 1494
Median age of persons 30
Median housing loan repayment ($/monthly) 2037
Average household size 3.3
  • Census Count Percent(%)
    0-4 years 279 9.0
    5-14 years 515 16.6
    25-34 years 535 17.2
    35-44 years 472 15.2
    45-54 years 389 12.5
    Others 915 29.5
    Age Group
    Census Count Percent(%)
    Registered Married 1105 49.8
    Not Married 864 39.0
    Defacto Relationship 248 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1724 57.2
    Papua New Guinea 174 5.8
    United Kingdom 93 3.1
    Viet Nam 372 12.3
    Other 228 7.6
    Others 425 14.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 420 14.4
    Christianity 1695 57.9
    Hinduism 69 2.4
    Islam 126 4.3
    No Religion 581 19.9
    Others 34 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 97 11.5
    $1,250-$1,499 96 11.3
    $1,500-$1,999 156 18.4
    $2,000-$2,499 111 13.1
    $2,500-$2,999 82 9.7
    Others 305 36.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 977 43.4
    Not in the labour force 645 28.7
    Employed, worked part-time 429 19.1
    Unemployed, looking for work 109 4.8
    Employed, away from work 90 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 221 14.8
    Technicians & trades workers 227 15.2
    Clerical & administrative workers 216 14.5
    Machinery operators & drivers 169 11.3
    Labourers 204 13.7
    Others 454 30.4
    Occupation
    Census Count Percent(%)
    Pre-school 50 6.1
    Infants/Primary 346 42.1
    Secondary 211 25.7
    Technical or Further Educational Institution 70 8.5
    University or other Tertiary Institutions 124 15.1
    Others 21 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2912 96.2
    Semi-detached, row or terrace house, townhouse 114 3.8
    Flat, unit or apartment 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 450 49.0
    Rented 283 30.8
    Fully owned 179 19.5
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals