Suburb Profile Report for Runcorn QLD (4113)

Runcorn House: Median price $566,944, Annual capital growth 5.47%, Number of sales 156, Weekly median advertised rent $400

Runcorn Unit: Median price $357,000, Annual capital growth 4.19%, Number of sales 121, Weekly median advertised rent $393

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 4.89% for the last 12 months, Runcorn, 4113 has performed for property investments than its average annual 5.47% property growth over the last 5 years.

Runcorn,4113 was ranked 1353 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Runcorn is offering property investors an average of -6.98. This rate of discount on properties puts Suburb at number 721th in terms of most discounted suburbs in QLD

At number 850 in a list of fastest selling suburbs, Runcorn is in the TOP 30% of suburbs in Australia with an average of days on market 53.04 for properties listed there.

Property investors should expect to get $400 weekly from the median priced house in this suburb.

If you compare the increase in value of investment property in Runcorn, 4113 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 -1.38%.

When looking at the potential capital gains offered to property investors over the last 3 years, Runcorn comes in at number 198th in QLD.

Property investors looking for a bargain in Runcorn should be aiming for at least -4.66% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $392.5 mark per week – giving a return of 5.72% based on the median price in Suburb

Metrics i HOUSE UNIT
$566,944 $357,000
2.89% 1.71%
4.89% -1.38%
5.47% 4.19%
$400 $393
156 121
3.67% 5.72%
53.04 74.12

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Runcorn QLD
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
Chart Table
Recent sales & rentals