Suburb Profile Report for Lota QLD (4179)

Lota House: Median price $595,000, Annual capital growth 5.33%, Number of sales 72, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

QLD has seen average median house prices change by 1.98% which means that Lota, 4179 has done well for property investors by showing a capital gain of 4.48% over the last year

If we look at median property appreciation over just the last three months, Lota has given property investors a paper return of -3.72%. This puts Suburb as 743 on a list of fastest fasting appreciating suburbs in QLD

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Lota itself are offering an average vendor discount of -4.36% to real estate investors.

Often selling an investment property can take time, and in Lota the average time real estate has been on the market is 56.56 days.

With the median price for a house in Lota being $595000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.93%

HOUSE UNIT
$595,000 N/A
-3.72% N/A
4.48% N/A
5.33% N/A
$450 N/A
72 N/A
3.93% N/A
56.56 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 3254
Median household income ($/weekly) 1568
Median age of persons 38
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 448 13.8
    25-34 years 375 11.5
    35-44 years 561 17.2
    45-54 years 499 15.3
    55-64 years 359 11.0
    Others 1014 31.1
    Age Group
    Census Count Percent(%)
    Registered Married 1155 50.2
    Not Married 862 37.5
    Defacto Relationship 284 12.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2438 77.4
    Papua New Guinea 161 5.1
    South Africa 39 1.2
    United Kingdom 294 9.3
    Other 65 2.1
    Others 152 4.8
    Country of Birth
    Census Count Percent(%)
    Christianity 2082 69.2
    No Religion 872 29.0
    Buddhism 26 0.9
    Other Religious Groups 20 0.7
    Hinduism 10 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 87 8.4
    $800-$999 87 8.4
    $1,500-$1,999 139 13.4
    $2,000-$2,499 116 11.1
    $2,500-$2,999 135 13.0
    Others 477 45.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1062 42.6
    Not in the labour force 775 31.1
    Employed, worked part-time 483 19.4
    Employed, away from work 87 3.5
    Unemployed, looking for work 87 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 226 13.9
    Professionals 359 22.0
    Technicians & trades workers 245 15.0
    Community & personal service workers 145 8.9
    Clerical & administrative workers 288 17.7
    Others 366 22.5
    Occupation
    Census Count Percent(%)
    Pre-school 50 6.6
    Infants/Primary 315 41.3
    Secondary 189 24.8
    Technical or Further Educational Institution 66 8.7
    University or other Tertiary Institutions 117 15.4
    Others 25 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2902 95.8
    Semi-detached, row or terrace house, townhouse 105 3.5
    Flat, unit or apartment 14 0.5
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 449 40.0
    Rented 337 30.0
    Fully owned 325 29.0
    Other tenure type 11 1.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals