Suburb Profile Report for Arundel QLD (4214)

Arundel House: Median price $580,000, Annual capital growth 2.82%, Number of sales 161, Weekly median advertised rent $500

Arundel Unit: Median price $337,250, Annual capital growth 2.45%, Number of sales 106, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Arundel, 4214 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 7.91%.

Across a shorter period, Arundel, 4214 has seen a median price increase of 3.57% over the last quarter.

Sellers are offering property buyers an average discount of -4.52% to buyers in Arundel at the moment, which is less than average for the rest of QLD.

On average over the past year, suburb has had 13.42 sales per month, which equates to 161 per year.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

If you compare the increase in value of investment property in Arundel, 4214 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.67%.

If we look at median property appreciation over just the last three months, Arundel has given property investors a paper return of 0.67%. This puts Suburb as 140 on a list of fastest fasting appreciating suburbs in QLD

Property investors looking for a bargain in Arundel should be aiming for at least -3.23% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Arundel the average time real estate has been on the market is 80.45 days.

Metrics i HOUSE UNIT
$580,000 $337,250
3.57% 0.67%
7.91% 0.67%
2.82% 2.45%
$500 $380
161 106
4.48% 5.86%
59.05 80.45

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 9573
Median household income ($/weekly) 1272
Median age of persons 36
Median housing loan repayment ($/monthly) 2050
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1340 14.0
    25-34 years 1167 12.2
    35-44 years 1424 14.9
    45-54 years 1423 14.9
    55-64 years 1005 10.5
    Others 3215 33.6
    Age Group
    Census Count Percent(%)
    Registered Married 3411 49.8
    Not Married 2771 40.5
    Defacto Relationship 666 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 5825 65.1
    Croatia 123 1.4
    Papua New Guinea 932 10.4
    United Kingdom 642 7.2
    Other 376 4.2
    Others 1050 11.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 142 1.7
    Christianity 5907 69.0
    Hinduism 78 0.9
    Islam 293 3.4
    No Religion 2093 24.4
    Others 53 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 301 10.4
    $1,000-$1,249 325 11.2
    $1,250-$1,499 292 10.1
    $1,500-$1,999 414 14.3
    $2,000-$2,499 296 10.2
    Others 1274 43.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2773 38.8
    Not in the labour force 2302 32.2
    Employed, worked part-time 1501 21.0
    Unemployed, looking for work 342 4.8
    Employed, away from work 236 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 550 12.2
    Professionals 792 17.6
    Technicians & trades workers 620 13.7
    Clerical & administrative workers 657 14.6
    Sales 587 13.0
    Others 1305 28.9
    Occupation
    Census Count Percent(%)
    Pre-school 124 5.2
    Infants/Primary 889 37.2
    Secondary 664 27.8
    Technical or Further Educational Institution 189 7.9
    University or other Tertiary Institutions 454 19.0
    Others 67 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7021 80.5
    Semi-detached, row or terrace house, townhouse 1241 14.2
    Flat, unit or apartment 459 5.3
    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 1284 40.8
    Rented 1081 34.4
    Fully owned 775 24.6
    Other tenure type 7 0.2
    Tenure Type
Census 2011, ABS
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