Suburb Profile Report for Runcorn QLD (4113)

Runcorn House: Median price $551,000, Annual capital growth 5.98%, Number of sales 152, Weekly median advertised rent $405

Runcorn Unit: Median price $360,000, Annual capital growth 4.89%, Number of sales 120, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

Runcorn is an average performer in QLD when comparing median price capital growth over the last year. Runcorn gave property investors a average capital gain figure when compared to the rest of the state, with 2.89%.

Runcorn,4113 was ranked 1856 in Australia by increase in median property value over the quarter.

Vendor discounting in Runcorn is giving property investors an average Vendor Discount of around -4.96%. This puts suburb at number 632th in QLD when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Runcorn the average time real estate has been on the market is 54.85 days.

With the median price for a house in Runcorn being $551000 and the advertised rent reaching $405 the gross rental yield for property investors calculates out to be 3.82%

QLD has seen average median house prices change by 0.65% which means that Runcorn, 4113 has done well for property investors by showing a capital gain of 0.98% over the last year

The five-year average increase in median property values for Runcorn,4113 has given property investors a potential capital gain of 11.80% across each of those five years.

The most recent median price for Runcorn is $360000, with sellers offering an average of -4.79% off the asking price.

Renters in Suburb are facing rents around $4740 per annum or $395 every week.

Metrics i HOUSE UNIT
$551,000 $360,000
1.85% 0.00%
2.89% 0.98%
5.98% 4.89%
$405 $395
152 120
3.82% 5.71%
54.85 67.77

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 14074
Median household income ($/weekly) 1341
Median age of persons 31
Median housing loan repayment ($/monthly) 1733
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1707 12.1
    20-24 years 1549 11.0
    25-34 years 2715 19.3
    35-44 years 2046 14.5
    45-54 years 1773 12.6
    Others 4284 30.4
    Age Group
    Census Count Percent(%)
    Registered Married 5219 48.2
    Not Married 4836 44.6
    Defacto Relationship 777 7.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 6394 47.2
    Croatia 1289 9.5
    Indonesia 667 4.9
    Papua New Guinea 561 4.1
    Other 1544 11.4
    Others 3091 22.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 1066 8.1
    Christianity 7113 54.3
    Islam 738 5.6
    Other Religious Groups 464 3.5
    No Religion 3318 25.3
    Others 393 3.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 388 9.1
    $1,000-$1,249 462 10.8
    $1,250-$1,499 408 9.5
    $1,500-$1,999 649 15.2
    $2,000-$2,499 490 11.4
    Others 1883 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4279 39.0
    Not in the labour force 3489 31.8
    Employed, worked part-time 2253 20.5
    Unemployed, looking for work 545 5.0
    Employed, away from work 418 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1591 22.9
    Technicians & trades workers 940 13.5
    Clerical & administrative workers 1112 16.0
    Sales 680 9.8
    Labourers 707 10.2
    Others 1913 27.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 1109 27.6
    Secondary 812 20.2
    Technical or Further Educational Institution 482 12.0
    University or other Tertiary Institutions 1248 31.1
    Other type of educational institution 209 5.2
    Others 151 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10845 79.4
    Semi-detached, row or terrace house, townhouse 2791 20.4
    Flat, unit or apartment 16 0.1
    House or flat attached to a shop, office 5 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1709 37.1
    Rented 1698 36.9
    Fully owned 1188 25.8
    Other tenure type 11 0.2
    Tenure Type
Census 2011, ABS
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