Suburb Profile Report for Springbrook QLD (4213)

Springbrook House: Median price $414,500, Annual capital growth 2.71%, Number of sales 20, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report

Springbrook has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 7.66% to date .

Over the longer term, Springbrook has seen property prices show investors a 12.79% return over the last 3 years. This is worse than over the last 12 months

Springbrook4213 is located in QLD which offers an average discount of -6.86% to property investors. Springbrook itself is showing figures that indicate -8.40% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Springbrook the average time real estate has been on the market is 166.2 days.

With the median price for a house in Springbrook being $414500 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 5.02%

Metrics i HOUSE UNIT
$414,500 N/A
4.94% N/A
7.66% N/A
2.71% N/A
$400 N/A
20 N/A
5.02% N/A
166.2 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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