Suburb Profile Report for Doolandella QLD (4077)

Doolandella House: Median price $455,000, Annual capital growth 5.78%, Number of sales 66, Weekly median advertised rent $400

Doolandella Unit: Median price $342,000, Annual capital growth 0.21%, Number of sales 83, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Over the last year, property investments in Doolandella, 4077 have given investors a capital gain of 1.11%. This compares badly with the 2.51% for QLD as a whole.

Over the longer term, Doolandella has seen property prices show investors a 9.97% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Doolandella 4077 should be seeing an average reduction in asking price of around -6.08% . This means that Doolandella is holding prices well when compared to other suburbs in QLD.

At number 778 in a list of fastest selling suburbs, Doolandella is in the TOP 30% of suburbs in Australia with an average of days on market 55.34 for properties listed there.

With the median price for a house in Doolandella being $455000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.57%

At number 1340th in the list of Australian suburbs ordered by increase in median house value over the last year, Doolandella, 4077 is in the BOTTOM 30% with a property value increase of -3.66% recorded in median house prices.

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

On average over the past year, suburb has had 6.92 sales per month, which equates to 83 per year.

With the median price for a house in Doolandella being $342000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.32%

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
$455,000 $342,000
0.00% -1.10%
1.11% -3.66%
5.78% 0.21%
$400 $350
66 83
4.57% 5.32%
55.34 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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