Suburb Profile Report for Cornubia QLD (4130)

Cornubia House: Median price $596,000, Annual capital growth 3.98%, Number of sales 132, Weekly median advertised rent $498

Cornubia Unit: Median price $330,000, Annual capital growth 3.18%, Number of sales 29, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 4.61% for the last 12 months, Cornubia, 4130 has performed for property investments than its average annual 3.98% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cornubia has increased when compared to the 5 year average annual rate.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.86% offered to property buyers. Sellers in Cornubia itself are offering an average vendor discount of -6.05% to real estate investors.

Residents and property investors in Cornubia have been waiting around 72.5 days to sell a property.

Renters in Suburb are facing rents around $5970 per annum or $497.5 every week.

Giving property investors a an average capital gain of 2.80% for the last year, Cornubia, 4130 is the 951th highest performer in Australia in this respect.

Cornubia,4130 has offered an average of 2.80% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Cornubia is giving property investors an average Vendor Discount of around -16.14%. This puts suburb at number 3rd in QLD when ranking the most discounted suburbs.

Residents and property investors in Cornubia have been waiting around 153.94 days to sell a property.

Situated 28.46km from the CBD, Cornubia is one of Logan localities in the postcode 4130.

Metrics i HOUSE UNIT
$596,000 $330,000
-1.49% -9.09%
4.61% 2.80%
3.98% 3.18%
$498 N/A
132 29
4.34% N/A
72.5 153.94

Source: CoreLogic

DSR Score for property investment : Good (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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