Suburb Profile Report for Tallai QLD (4213)

Tallai House: Median price $740,000, Annual capital growth 3.48%, Number of sales 61, Weekly median advertised rent $675

Tallai Unit: Median price $303,000, Annual capital growth 2.77%, Number of sales 12, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 1.88% which means that Tallai, 4213 has done well for property investors by showing a capital gain of -2.95% over the last year

If we look at median property appreciation over just the last three months, Tallai has given property investors a paper return of 3.21%. This puts Suburb as 154 on a list of fastest fasting appreciating suburbs in QLD

Our latest figures would indicate that property sellers in Tallai are currently offering property investors an average price cut of -7.54% below the asking price at the moment.

Often selling an investment property can take time, and in Tallai the average time real estate has been on the market is 113.26 days.

A $675 per week rent on the median house gives suburb investors a gross yield of circa 4.74%, without taking into account capital value appreciation, which has been averaging out at 3.48%.

With a capital gain of 13.27% for the last 12 months, Tallai, 4213 has performed for property investments than its average annual 2.77% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Tallai,4213 has racked up an average of 13.27% over the period. This ranks it number 301th in the whole country for real estate investors looking at median house price increases.

Tallai4213 is located in QLD which offers an average discount of -5.97% to property investors. Tallai itself is showing figures that indicate -6.69% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Tallai the average time real estate has been on the market is 90.91 days.

Situated 73.96km from the CBD, Tallai is one of Gold Coast localities in the postcode 4213.

HOUSE UNIT
$740,000 $303,000
3.21% N/A
-2.95% 13.27%
3.48% 2.77%
$675 N/A
61 12
4.74% N/A
113.26 90.91

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3765
Median household income ($/weekly) 1369
Median age of persons 43
Median housing loan repayment ($/monthly) 2200
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 551 14.6
    35-44 years 499 13.3
    45-54 years 635 16.9
    55-64 years 513 13.6
    65-74 years 331 8.8
    Others 1237 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 1577 57.3
    Not Married 967 35.1
    Defacto Relationship 209 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2477 69.9
    Papua New Guinea 271 7.7
    South Africa 81 2.3
    United Kingdom 372 10.5
    Other 122 3.4
    Others 219 6.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 52 1.5
    Christianity 2488 72.6
    Hinduism 14 0.4
    Other Religious Groups 18 0.5
    No Religion 840 24.5
    Others 13 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 104 9.7
    $1,000-$1,249 99 9.2
    $1,500-$1,999 120 11.2
    $2,000-$2,499 110 10.2
    $2,500-$2,999 113 10.5
    Others 530 49.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 997 35.2
    Not in the labour force 953 33.7
    Employed, worked part-time 665 23.5
    Unemployed, looking for work 140 4.9
    Employed, away from work 74 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 259 14.9
    Professionals 353 20.3
    Technicians & trades workers 280 16.1
    Clerical & administrative workers 240 13.8
    Sales 210 12.1
    Others 397 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 36 3.8
    Infants/Primary 395 41.7
    Secondary 284 30.0
    Technical or Further Educational Institution 62 6.5
    University or other Tertiary Institutions 149 15.7
    Others 21 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3509 99.7
    Semi-detached, row or terrace house, townhouse 6 0.2
    Flat, unit or apartment 3 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 593 49.5
    Fully owned 439 36.6
    Rented 153 12.8
    Other tenure type 14 1.2
    Tenure Type
Census 2011, ABS
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