Suburb Profile Report for Birkdale QLD (4159)

Birkdale House: Median price $521,500, Annual capital growth 3.12%, Number of sales 232, Weekly median advertised rent $460

Birkdale Unit: Median price $355,000, Annual capital growth 4.39%, Number of sales 27, Weekly median advertised rent $385

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

Source: CoreLogic

  • House Report
  • Unit Report

Birkdale has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -0.67% to date .

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

Our latest figures would indicate that property sellers in Birkdale are currently offering property investors an average price cut of -5.12% below the asking price at the moment.

Often selling an investment property can take time, and in Birkdale the average time real estate has been on the market is 67.74 days.

QLD has seen average median house prices change by 0.48% which means that Birkdale, 4159 has done well for property investors by showing a capital gain of -11.25% over the last year

Over the longer term, Birkdale has seen property prices show investors a -3.40% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Birkdale is giving property investors an average Vendor Discount of around -8.53%. This puts suburb at number 41th in QLD when ranking the most discounted suburbs.

Using the current median advertised rental of $385 and the average annual increase in value of a median property of 4.39%, investors should hope to achieve an overall return of 5.64%

Metrics i HOUSE UNIT
$521,500 $355,000
-1.23% -2.07%
-0.67% -11.25%
3.12% 4.39%
$460 $385
232 27
4.59% 5.64%
67.74 103.41

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Birkdale QLD
Demographics
Total population 13795
Median household income ($/weekly) 1463
Median age of persons 39
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1881 13.6
    25-34 years 1422 10.3
    35-44 years 1902 13.8
    45-54 years 2003 14.5
    55-64 years 1792 13.0
    Others 4794 34.8
    Age Group
    Census Count Percent(%)
    Registered Married 5519 54.1
    Not Married 3831 37.6
    Defacto Relationship 849 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 10386 77.7
    Papua New Guinea 678 5.1
    South Africa 174 1.3
    United Kingdom 935 7.0
    Other 367 2.7
    Others 827 6.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 143 1.1
    Christianity 9840 76.3
    Hinduism 54 0.4
    Other Religious Groups 79 0.6
    No Religion 2724 21.1
    Others 51 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 405 9.6
    $1,250-$1,499 386 9.2
    $1,500-$1,999 615 14.6
    $2,000-$2,499 506 12.0
    $2,500-$2,999 410 9.7
    Others 1894 44.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4392 41.2
    Not in the labour force 3330 31.2
    Employed, worked part-time 2147 20.1
    Employed, away from work 398 3.7
    Unemployed, looking for work 395 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 770 11.1
    Professionals 1196 17.2
    Technicians & trades workers 1113 16.1
    Clerical & administrative workers 1240 17.9
    Sales 708 10.2
    Others 1907 27.5
    Occupation
    Census Count Percent(%)
    Pre-school 149 4.6
    Infants/Primary 1318 40.5
    Secondary 966 29.7
    Technical or Further Educational Institution 290 8.9
    University or other Tertiary Institutions 448 13.8
    Others 80 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 12083 92.4
    Semi-detached, row or terrace house, townhouse 768 5.9
    Flat, unit or apartment 115 0.9
    Caravan, cabin, houseboat 105 0.8
    House or flat attached to a shop, office 5 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1944 41.8
    Fully owned 1621 34.9
    Rented 960 20.7
    Other tenure type 121 2.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals