Suburb Profile Report for Cornubia QLD (4130)

Cornubia House: Median price $585,000, Annual capital growth 4.03%, Number of sales 138, Weekly median advertised rent $490

Cornubia Unit: Median price $405,250, Annual capital growth 9.92%, 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

If you compare the increase in value of investment property in Cornubia, 4130 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 5.98%.

While Cornubia,4130 ranked number 474th in QLD for increase in median house value (annualised) increase, it is ranked 269th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Cornubia, 4130. Typically our figures indicate that -4.91% is being offered, which puts this QLD suburb at 2517th most discounted overall in Australia.

In the last year 138 properties changed hands in Cornubia, which puts it as the 135th most active market in QLD when comparing the number of sales per suburb.

Property investors should expect to get $490 weekly from the median priced house in this suburb.

At number 133th in the list of Australian suburbs ordered by increase in median house value over the last year, Cornubia, 4130 is in the top 10% with a property value increase of 20.61% recorded in median house prices.

Across a shorter period, Cornubia, 4130 has seen a median price increase of 7.49% over the last quarter.

Property investors looking for a bargain in Cornubia should be aiming for at least -14.33% off the asking price, which is the average vendor discount being achieved at the moment.

At number 1420 in a list of fastest selling suburbs, Cornubia is in the bottom 10% of suburbs in Australia with an average of days on market 143.29 for properties listed there.

Metrics i HOUSE UNIT
$585,000 $405,250
0.00% 7.49%
5.98% 20.61%
4.03% 9.92%
$490 N/A
138 30
4.36% N/A
74.65 143.29

Source: CoreLogic

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