Suburb Profile Report for Tallai QLD (4213)

Tallai House: Median price $740,000, Annual capital growth 3.73%, Number of sales 69, Weekly median advertised rent $750

Tallai Unit: Median price $305,500, Annual capital growth 4.19%, Number of sales 14, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Tallai, 4213 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.77%

While Tallai,4213 ranked number 361th in QLD for increase in median house value (annualised) increase, it is ranked 425th over the last 5 years.

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 Tallai itself are offering an average vendor discount of -7.34% to real estate investors.

In the last year 69 properties changed hands in Tallai, which puts it as the 351th most active market in QLD when comparing the number of sales per suburb.

Tallai, 4213’s gross rental yield is 5.27%

Over the last year, property investments in Tallai, 4213 have given investors a capital gain of 15.28%. This compares very favourably with the 0.98% for QLD as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Tallai comes in at number 21th in QLD.

The most recent median price for Tallai is $305500, with sellers offering an average of -5.17% off the asking price.

Often selling an investment property can take time, and in Tallai the average time real estate has been on the market is 85.46 days.

Metrics i HOUSE UNIT
$740,000 $305,500
0.85% -25.12%
-3.77% 15.28%
3.73% 4.19%
$750 N/A
69 14
5.27% N/A
101.18 85.46

Source: CoreLogic

DSR Score for property investment : Above average (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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