Suburb Profile Report for Kuraby QLD (4112)

Kuraby House: Median price $679,444, Annual capital growth 5.08%, Number of sales 104, Weekly median advertised rent $430

Kuraby Unit: Median price $296,375, Annual capital growth 3.39%, Number of sales 14, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1391th in the list of Australian suburbs ordered by increase in median house value over the last year, Kuraby, 4112 is in the top 40% with a property value increase of 8.19% recorded in median house prices.

Across a shorter period, Kuraby, 4112 has seen a median price increase of 1.94% over the last quarter.

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 Kuraby, 4112. Typically our figures indicate that -5.05% is being offered, which puts this QLD suburb at 2504th most discounted overall in Australia.

Residents and property investors in Kuraby have been waiting around 57.34 days to sell a property.

With a capital gain of -1.21% for the last 12 months, Kuraby, 4112 has performed for property investments than its average annual 3.39% property growth over the last 5 years.

Across a shorter period, Kuraby, 4112 has seen a median price increase of -2.83% over the last quarter.

Sellers are offering property buyers an average discount of -4.81% to buyers in Kuraby at the moment, which is less than average for the rest of QLD.

Often selling an investment property can take time, and in Kuraby the average time real estate has been on the market is 126.53 days.

With the median price for a house in Kuraby being $296375 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 6.67%

Metrics i HOUSE UNIT
$679,444 $296,375
1.94% -2.83%
8.19% -1.21%
5.08% 3.39%
$430 $380
104 14
3.29% 6.67%
57.34 126.53

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Kuraby QLD
Demographics
Total population 7776
Median household income ($/weekly) 1600
Median age of persons 33
Median housing loan repayment ($/monthly) 2000
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 1248 16.0
    25-34 years 1059 13.6
    35-44 years 1158 14.9
    45-54 years 1016 13.1
    55-64 years 776 10.0
    Others 2520 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 3224 58.8
    Not Married 2011 36.7
    Defacto Relationship 249 4.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3955 53.7
    Indonesia 310 4.2
    Papua New Guinea 301 4.1
    South Africa 271 3.7
    Other 913 12.4
    Others 1621 22.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 375 5.2
    Christianity 3838 53.5
    Hinduism 242 3.4
    Islam 1497 20.9
    No Religion 1062 14.8
    Others 158 2.2
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 183 8.7
    $1,250-$1,499 188 9.0
    $1,500-$1,999 297 14.2
    $2,000-$2,499 230 11.0
    $2,500-$2,999 253 12.1
    Others 947 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2308 40.9
    Not in the labour force 1906 33.8
    Employed, worked part-time 1019 18.1
    Unemployed, looking for work 221 3.9
    Employed, away from work 183 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 454 12.9
    Professionals 885 25.2
    Technicians & trades workers 444 12.6
    Clerical & administrative workers 585 16.6
    Sales 356 10.1
    Others 790 22.5
    Occupation
    Census Count Percent(%)
    Pre-school 117 5.4
    Infants/Primary 794 36.4
    Secondary 601 27.5
    Technical or Further Educational Institution 163 7.5
    University or other Tertiary Institutions 455 20.8
    Others 54 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6642 90.7
    Semi-detached, row or terrace house, townhouse 541 7.4
    Flat, unit or apartment 144 2.0
    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 973 42.8
    Fully owned 712 31.3
    Rented 541 23.8
    Other tenure type 46 2.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals