Suburb Profile Report for Cornubia QLD (4130)

Cornubia House: Median price $572,000, Annual capital growth 4.02%, Number of sales 140, Weekly median advertised rent $498

Cornubia Unit: Median price $349,000, Annual capital growth 8.24%, Number of sales 28, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.11% which means that Cornubia, 4130 has done well for property investors by showing a capital gain of 7.12% over the last year

Comparing Cornubia,4130 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for Cornubia is $572000, with sellers offering an average of -4.93% off the asking price.

A $497.5 per week rent on the median house gives suburb investors a gross yield of circa 4.52%, without taking into account capital value appreciation, which has been averaging out at 4.02%.

If you compare the increase in value of investment property in Cornubia, 4130 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -16.41%.

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 -19.01% is being offered, which puts this QLD suburb at 4th most discounted overall in Australia.

In the last year 28 properties changed hands in Cornubia, which puts it as the 260th most active market in QLD when comparing the number of sales per suburb.

Situated 28.19km from the CBD, Cornubia is one of Logan localities in the postcode 4130.

HOUSE UNIT
$572,000 $349,000
0.09% 11.86%
7.12% -16.41%
4.02% 8.24%
$498 N/A
140 28
4.52% N/A
87.73 135.68

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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Recent sales & rentals