Suburb Profile Report for Cornubia QLD (4130)

Cornubia House: Median price $580,000, Annual capital growth 4.03%, Number of sales 124, Weekly median advertised rent $495

Cornubia Unit: Median price $349,000, Annual capital growth 6.98%, Number of sales 30, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Cornubia has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 8.62% to date .

The five-year average increase in median property values for Cornubia,4130 has given property investors a potential capital gain of 26.78% across each of those five years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in Cornubia itself are offering an average vendor discount of -4.92% to real estate investors.

Often selling an investment property can take time, and in Cornubia the average time real estate has been on the market is 89 days.

With a capital gain of -14.62% for the last 12 months, Cornubia, 4130 has performed for property investments than its average annual 6.98% property growth over the last 5 years.

Across a shorter period, Cornubia, 4130 has seen a median price increase of 11.86% over the last quarter.

At number 2nd of QLD’s most discounted properties, Cornubia is in the bottom 10% of the state/territory when listing in order of most discounted to least.

At number 1357 in a list of fastest selling suburbs, Cornubia is in the bottom 10% of suburbs in Australia with an average of days on market 127.17 for properties listed there.

HOUSE UNIT
$580,000 $349,000
1.84% 11.86%
8.62% -14.62%
4.03% 6.98%
$495 N/A
124 30
4.44% N/A
89 127.17

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 6833
Median household income ($/weekly) 1768
Median age of persons 37
Median housing loan repayment ($/monthly) 2000
Average household size 3
  • Census Count Percent(%)
    5-14 years 953 13.9
    25-34 years 742 10.9
    35-44 years 992 14.5
    45-54 years 1115 16.3
    55-64 years 968 14.2
    Others 2064 30.2
    Age Group
    Census Count Percent(%)
    Registered Married 2967 58.0
    Not Married 1745 34.1
    Defacto Relationship 406 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4800 72.9
    Papua New Guinea 436 6.6
    South Africa 100 1.5
    United Kingdom 612 9.3
    Other 263 4.0
    Others 374 5.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 89 1.4
    Christianity 4836 75.8
    Hinduism 39 0.6
    Other Religious Groups 39 0.6
    No Religion 1338 21.0
    Others 42 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 155 8.0
    $1,250-$1,499 173 8.9
    $1,500-$1,999 291 15.0
    $2,000-$2,499 276 14.2
    $2,500-$2,999 225 11.6
    Others 818 42.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2406 45.5
    Not in the labour force 1290 24.4
    Employed, worked part-time 1227 23.2
    Employed, away from work 190 3.6
    Unemployed, looking for work 180 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 551 14.4
    Professionals 654 17.1
    Technicians & trades workers 625 16.4
    Clerical & administrative workers 706 18.5
    Sales 429 11.2
    Others 855 22.4
    Occupation
    Census Count Percent(%)
    Pre-school 84 4.9
    Infants/Primary 608 35.7
    Secondary 569 33.4
    Technical or Further Educational Institution 112 6.6
    University or other Tertiary Institutions 294 17.3
    Others 37 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6317 96.3
    Semi-detached, row or terrace house, townhouse 240 3.7
    Flat, unit or apartment 6 0.1
    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 1234 57.1
    Fully owned 593 27.4
    Rented 331 15.3
    Other tenure type 5 0.2
    Tenure Type
Census 2011, ABS
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