Suburb Profile Report for Tennyson QLD (4105)

Tennyson House: Median price $630,000, Annual capital growth 5.59%, Number of sales 17, Weekly median advertised rent $460

Tennyson Unit: Median price $935,000, Annual capital growth -4.20%, Number of sales 16, Weekly median advertised rent $760

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Tennyson is in the bottom 20% in QLD when comparing median price capital growth over the last year. Tennyson gave property investors a dismal capital gain figure when compared to the rest of the state, with -7.59%.

Over the longer term, Tennyson has seen property prices show investors a 18.92% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -5.36% to buyers in Tennyson at the moment, which is less than average for the rest of QLD.

With the median price for a house in Tennyson being $630000 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 3.80%

Property investors who have had real estate in Tennyson, 4105 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.10%

Comparing Tennyson,4105 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Using the current median advertised rental of $760 and the average annual increase in value of a median property of -4.20%, investors should hope to achieve an overall return of 4.23%

YIP MAG Information supplied by:

YIP MAG
April 2015

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The suburb of Tennyson may be small but it’s getting big returns for investors
who did not pass it byFull summary
The suburb of Tennyson may be small but it’s getting big returns for investors who did not pass it by.

However, as they are, many homes are still sitting at affordable rates so there is still time to jump on the band wagon.

The median house price in Tennyson has accelerated dramatically over the past 12 months by 32%.

The quiet leafy suburb in such close proximity to Brisbane’s CBD is becoming increasingly popular with many families.

Queensland Tennis Centre, the Brisbane Golf Club and several schools are in the direct vicinity of Tennyson.

The vacancy rate continues to drop (now at 1.92%) as people begin to realise the vast amount of excellent amenities in the surrounding area.

If you are looking to buy in Tennyson, areas like King Arthur Terrace are highly sought after.

The large properties and 4–5 bedroom homes that are available are the preferred option for families moving in to the area.Close
HOUSE UNIT
$630,000 $935,000
2.61% -2.60%
-7.59% -10.10%
5.59% -4.20%
$460 $760
17 16
3.80% 4.23%
55.71 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
Find a mortgage broker in Tennyson QLD
Demographics
Total population 859
Median household income ($/weekly) 2521
Median age of persons 41
Median housing loan repayment ($/monthly) 2400
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 91 10.6
    25-34 years 107 12.4
    35-44 years 125 14.5
    45-54 years 134 15.6
    55-64 years 144 16.7
    Others 259 30.1
    Age Group
    Census Count Percent(%)
    Registered Married 318 51.5
    Not Married 238 38.6
    Defacto Relationship 61 9.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 609 77.6
    Papua New Guinea 23 2.9
    Philippines 12 1.5
    United Kingdom 40 5.1
    Other 31 3.9
    Others 70 8.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 10 1.3
    Christianity 538 70.8
    Hinduism 3 0.4
    Islam 6 0.8
    No Religion 197 25.9
    Others 6 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 22 8.0
    $1,500-$1,999 34 12.4
    $2,500-$2,999 58 21.1
    $3,000-$3,499 33 12.0
    $4,000 or more 37 13.5
    Others 91 33.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 317 48.1
    Not in the labour force 170 25.8
    Employed, worked part-time 138 20.9
    Employed, away from work 24 3.6
    Unemployed, looking for work 10 1.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 85 17.8
    Professionals 181 37.9
    Technicians & trades workers 35 7.3
    Clerical & administrative workers 76 15.9
    Sales 34 7.1
    Others 66 13.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 61 31.0
    Secondary 45 22.8
    Technical or Further Educational Institution 14 7.1
    University or other Tertiary Institutions 60 30.5
    Other type of educational institution 9 4.6
    Others 8 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 444 58.4
    Flat, unit or apartment 285 37.5
    Semi-detached, row or terrace house, townhouse 31 4.1
    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 112 36.6
    Rented 112 36.6
    Fully owned 82 26.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals