Suburb Profile Report for Inala QLD (4077)

Inala House: Median price $360,000, Annual capital growth 5.74%, Number of sales 192, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Expert Report

Giving property investors a an average capital gain of 4.20% for the last year, Inala, 4077 is the 2376th highest performer in Australia in this respect.

Inala,4077 was ranked 2133 in Australia by increase in median property value over the quarter.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.10% offered to property buyers. Sellers in Inala itself are offering an average vendor discount of -5.63% to real estate investors.

At number 1251 in a list of fastest selling suburbs, Inala is in the TOP 40% of suburbs in Australia with an average of days on market 64.61 for properties listed there.

With the median price for a house in Inala being $360000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 4.62%

Information supplied by:




M
O

W
E
Inala is one of the few suburbs in the Brisbane area where you can get a house in good shape for under $300,000, and first time homebuyers especially seem to be knocking on the door.

Full summary

Inala’s market suffered along with the rest of the region in the wake of the 2011 floods, but strong fundamentals and increased buyer confidence point to an up year for this up and coming suburb. 

Estate agent Isaac Nguyen with All Properties Group says he has definitely seen more interest from young families in Inala in recent months, as the dip in prices seemed to turn some renters into buyers. “It’s one of the few suburbs in the Brisbane area where you can get a house in good shape under $300,000, and first time homebuyers especially seem to be knocking on the door.”

Nguyen also points to a wave of recent renovations in the area as a sign that the area is on the way up. Investors have also been eyeing Inala as rents held form through the downturn pushing yields back to above 5%. 

Best Street(s):   Goldfinch St: This long, broad street boasts a number of well-maintained homes with striking front gardens, along with good access to parkland and shops.

Close
Metrics i HOUSE UNIT
$360,000 N/A
1.41% N/A
4.20% N/A
5.74% N/A
$320 N/A
192 N/A
4.62% N/A
64.61 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in Inala QLD
Demographics
Total population 13795
Median household income ($/weekly) 727
Median age of persons 33
Median housing loan repayment ($/monthly) 1408
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 2250 16.3
    25-34 years 1619 11.7
    35-44 years 1841 13.3
    45-54 years 1791 13.0
    55-64 years 1302 9.4
    Others 4993 36.2
    Age Group
    Census Count Percent(%)
    Not Married 5305 55.2
    Registered Married 3654 38.0
    Defacto Relationship 655 6.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 7289 57.7
    Papua New Guinea 578 4.6
    United Kingdom 482 3.8
    Viet Nam 2199 17.4
    Other 1344 10.6
    Others 735 5.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 1904 15.4
    Christianity 7621 61.5
    Islam 630 5.1
    Other Religious Groups 68 0.5
    No Religion 2090 16.9
    Others 75 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 570 14.1
    $400-$599 647 16.0
    $600-$799 594 14.7
    $800-$999 400 9.9
    $1,000-$1,249 405 10.0
    Others 1432 35.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 5017 52.4
    Employed, worked full-time 2320 24.2
    Employed, worked part-time 1294 13.5
    Unemployed, looking for work 629 6.6
    Employed, away from work 313 3.3
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 621 15.8
    Community & personal service workers 492 12.5
    Clerical & administrative workers 413 10.5
    Machinery operators & drivers 585 14.9
    Labourers 892 22.7
    Others 920 23.5
    Occupation
    Census Count Percent(%)
    Pre-school 167 5.3
    Infants/Primary 1242 39.5
    Secondary 975 31.0
    Technical or Further Educational Institution 356 11.3
    University or other Tertiary Institutions 311 9.9
    Others 93 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 11504 88.2
    Semi-detached, row or terrace house, townhouse 1210 9.3
    Flat, unit or apartment 234 1.8
    Caravan, cabin, houseboat 96 0.7
    Improvised home, tent, sleepers out 6 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2434 55.3
    Being purchased 1020 23.2
    Fully owned 933 21.2
    Other tenure type 16 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals