Suburb Profile Report for Arundel QLD (4214)

Arundel House: Median price $570,000, Annual capital growth 2.73%, Number of sales 164, Weekly median advertised rent $500

Arundel Unit: Median price $337,500, Annual capital growth 2.43%, Number of sales 114, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Arundel has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 7.55% to date .

Over the longer term, Arundel has seen property prices show investors a 19.37% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Arundel is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 684th in terms of most discounted suburbs in QLD

Often selling an investment property can take time, and in Arundel the average time real estate has been on the market is 60.26 days.

Using the current median advertised rental of $500 and the average annual increase in value of a median property of 2.73%, investors should hope to achieve an overall return of 4.56%

Arundel is an average performer in QLD when comparing median price capital growth over the last year. Arundel gave property investors a good capital gain figure when compared to the rest of the state, with 2.27%.

A 10.66% growth in median value for property investors in Arundel,4214 puts this suburb at number 111th in terms of best performing suburbs in QLD

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Arundel, 4214. Typically our figures indicate that -3.48% is being offered, which puts this QLD suburb at 1213th most discounted overall in Australia.

At number 946 in a list of fastest selling suburbs, Arundel is in the bottom 40% of suburbs in Australia with an average of days on market 88.11 for properties listed there.

The QLD suburb of Arundel, 4214 is in the Gold Coast local government area.

Metrics i HOUSE UNIT
$570,000 $337,500
3.17% 0.75%
7.55% 2.27%
2.73% 2.43%
$500 $380
164 114
4.56% 5.85%
60.26 88.11

Source: CoreLogic

DSR Score for property investment : Above average (H), Very good (U)
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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
Chart Table
Recent sales & rentals