Suburb Profile Report for Kuraby QLD (4112)

Kuraby House: Median price $685,000, Annual capital growth 5.07%, Number of sales 107, Weekly median advertised rent $430

Kuraby Unit: Median price $297,750, Annual capital growth 3.31%, Number of sales 15, 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 A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 9.60% to date .

The five-year average increase in median property values for Kuraby,4112 has given property investors a potential capital gain of 32.24% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Kuraby is offering property investors an average of -7.24. This rate of discount on properties puts Suburb at number 602th in terms of most discounted suburbs in QLD

A $430 per week rent on the median house gives suburb investors a gross yield of circa 3.26%, without taking into account capital value appreciation, which has been averaging out at 5.07%.

If you compare the increase in value of investment property in Kuraby, 4112 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -0.08%.

Comparing Kuraby,4112 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Kuraby itself are offering an average vendor discount of -3.92% to real estate investors.

Metrics i HOUSE UNIT
$685,000 $297,750
1.41% -2.38%
9.60% -0.08%
5.07% 3.31%
$430 $380
107 15
3.26% 6.64%
59.67 133.53

Source: CoreLogic

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