Suburb Profile Report for Cornubia QLD (4130)

Cornubia House: Median price $560,000, Annual capital growth 3.63%, Number of sales 124, Weekly median advertised rent $495

Cornubia Unit: Median price $295,000, Annual capital growth 1.66%, Number of sales 32, 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 somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -0.88%.

Over the longer term, Cornubia has seen property prices show investors a 16.30% return over the last 3 years. This is worse than over the last 12 months

Cornubia4130 is located in QLD which offers an average discount of -7.23% to property investors. Cornubia itself is showing figures that indicate -4.93% is the average achievable by property buyers investing in the suburb.

At number 2289 in a list of fastest selling suburbs, Cornubia is in the bottom 40% of suburbs in Australia with an average of days on market 90.48 for properties listed there.

With the median price for a house in Cornubia being $560000 and the advertised rent reaching $495 the gross rental yield for property investors calculates out to be 4.60%

Property value increases in Cornubia have tracked lower than the QLD average of 1.23% over the last 12 months.

Over the longer term, Cornubia has seen property prices show investors a -30.99% return over the last 3 years. This is the same as over the last 12 months

The most recent median price for Cornubia is $295000, with sellers offering an average of -10.59% off the asking price.

HOUSE UNIT
$560,000 $295,000
3.04% -16.55%
-0.88% -30.99%
3.63% 1.66%
$495 N/A
124 32
4.60% N/A
90.48 103.81

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (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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Recent sales & rentals