Suburb Profile Report for Springbrook QLD (4213)

Springbrook House: Median price $390,000, Annual capital growth 2.68%, Number of sales 21, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Springbrook has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.86%

Across a shorter period, Springbrook, 4213 has seen a median price increase of -6.02% over the last quarter.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in Springbrook itself are offering an average vendor discount of -7.24% to real estate investors.

At number 3082 in a list of fastest selling suburbs, Springbrook is in the bottom 20% of suburbs in Australia with an average of days on market 117.15 for properties listed there.

HOUSE UNIT
$390,000 N/A
-6.02% N/A
9.86% N/A
2.68% N/A
N/A N/A
21 N/A
N/A N/A
117.15 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 625
Median household income ($/weekly) 938
Median age of persons 41
Median housing loan repayment ($/monthly) 1387
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 87 13.9
    25-34 years 67 10.7
    35-44 years 91 14.6
    45-54 years 98 15.7
    55-64 years 114 18.3
    Others 167 26.8
    Age Group
    Census Count Percent(%)
    Registered Married 222 47.4
    Not Married 184 39.3
    Defacto Relationship 62 13.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 483 80.4
    Papua New Guinea 35 5.8
    United Kingdom 48 8.0
    United States of America 9 1.5
    Other 16 2.7
    Others 10 1.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 17 3.0
    Christianity 324 58.1
    Hinduism 6 1.1
    Other Religious Groups 23 4.1
    No Religion 185 33.2
    Others 3 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 31 13.0
    $600-$799 38 16.0
    $800-$999 30 12.6
    $1,000-$1,249 27 11.3
    $1,500-$1,999 33 13.9
    Others 79 33.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 185 38.1
    Employed, worked full-time 154 31.8
    Employed, worked part-time 98 20.2
    Unemployed, looking for work 33 6.8
    Employed, away from work 15 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 44 16.6
    Professionals 65 24.5
    Technicians & trades workers 42 15.8
    Community & personal service workers 33 12.5
    Clerical & administrative workers 26 9.8
    Others 55 20.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 56 42.7
    Secondary 30 22.9
    Technical or Further Educational Institution 12 9.2
    University or other Tertiary Institutions 24 18.3
    Other type of educational institution 5 3.8
    Others 4 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 588 99.3
    Caravan, cabin, houseboat 4 0.7
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 104 41.1
    Fully owned 91 36.0
    Rented 55 21.7
    Other tenure type 3 1.2
    Tenure Type
Census 2011, ABS
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