Suburb Profile Report for Greenbank QLD (4124)

Greenbank House: Median price $576,000, Annual capital growth 3.36%, Number of sales 84, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report

Greenbank has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.78% to date .

The five-year average increase in median property values for Greenbank,4124 has given property investors a potential capital gain of 18.76% across each of those five years.

Property investors looking for a bargain in Greenbank should be aiming for at least -4.45% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 84 properties changed hands in Greenbank, which puts it as the 277th most active market in QLD when comparing the number of sales per suburb.

Advertised rents are around the $500 mark per week – giving a return of 4.51% based on the median price in Suburb

Metrics i HOUSE UNIT
$576,000 N/A
1.05% N/A
3.78% N/A
3.36% N/A
$500 N/A
84 N/A
4.51% N/A
63.43 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 7327
Median household income ($/weekly) 1687
Median age of persons 36
Median housing loan repayment ($/monthly) 2100
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 1248 17.0
    25-34 years 770 10.5
    35-44 years 1285 17.5
    45-54 years 1139 15.5
    55-64 years 909 12.4
    Others 1977 27.0
    Age Group
    Census Count Percent(%)
    Registered Married 3110 59.2
    Not Married 1617 30.8
    Defacto Relationship 530 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 5500 78.0
    Papua New Guinea 403 5.7
    United Kingdom 486 6.9
    Viet Nam 65 0.9
    Other 210 3.0
    Others 384 5.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 160 2.4
    Christianity 4694 69.3
    Islam 30 0.4
    Other Religious Groups 103 1.5
    No Religion 1770 26.1
    Others 19 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 151 7.8
    $1,250-$1,499 174 9.0
    $1,500-$1,999 342 17.7
    $2,000-$2,499 262 13.6
    $2,500-$2,999 221 11.4
    Others 781 40.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2479 46.1
    Not in the labour force 1487 27.6
    Employed, worked part-time 1005 18.7
    Employed, away from work 222 4.1
    Unemployed, looking for work 190 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 483 13.0
    Professionals 430 11.6
    Technicians & trades workers 693 18.7
    Clerical & administrative workers 665 18.0
    Machinery operators & drivers 394 10.6
    Others 1037 28.0
    Occupation
    Census Count Percent(%)
    Pre-school 84 4.6
    Infants/Primary 845 46.7
    Secondary 539 29.8
    Technical or Further Educational Institution 129 7.1
    University or other Tertiary Institutions 177 9.8
    Others 37 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7051 99.6
    Flat, unit or apartment 15 0.2
    Caravan, cabin, houseboat 7 0.1
    Semi-detached, row or terrace house, townhouse 5 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1264 58.8
    Fully owned 589 27.4
    Rented 298 13.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals