Suburb Profile Report for Kuraby QLD (4112)

Kuraby House: Median price $675,000, Annual capital growth 4.80%, Number of sales 111, Weekly median advertised rent $440

Kuraby Unit: Median price $305,000, Annual capital growth 3.66%, Number of sales 17, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Kuraby has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 7.74% to date .

Kuraby,4112 has offered an average of 7.74% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Kuraby should be aiming for at least -5.02% off the asking price, which is the average vendor discount being achieved at the moment.

The QLD suburb of Kuraby, 4112 is in the Brisbane local government area.

Property investors who have had real estate in Kuraby, 4112 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.35%

Taking the average capital gain, or increase in median house value, Kuraby,4112 has racked up an average of 2.35% over the period. This ranks it number 1169th in the whole country for real estate investors looking at median house price increases.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.00% offered to property buyers. Sellers in Kuraby itself are offering an average vendor discount of -4.81% to real estate investors.

On average over the past year, suburb has had 1.42 sales per month, which equates to 17 per year.

Using the current median advertised rental of $380 and the average annual increase in value of a median property of 3.66%, investors should hope to achieve an overall return of 6.48%

HOUSE UNIT
$675,000 $305,000
1.28% -1.61%
7.74% 2.35%
4.80% 3.66%
$440 $380
111 17
3.39% 6.48%
62.98 101.61

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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
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Recent sales & rentals