Suburb Profile Report for Biggera Waters QLD (4216)

Biggera Waters House: Median price $646,000, Annual capital growth 5.25%, Number of sales 68, Weekly median advertised rent $500

Biggera Waters Unit: Median price $449,000, Annual capital growth 5.37%, Number of sales 511, Weekly median advertised rent $420

  • 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 Biggera Waters, 4216 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -8.50%.

Across a shorter period, Biggera Waters, 4216 has seen a median price increase of -0.92% over the last quarter.

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 Biggera Waters, 4216. Typically our figures indicate that -6.51% is being offered, which puts this QLD suburb at 1531th most discounted overall in Australia.

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

Investment property in Biggera Waters has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.22%

Biggera Waters,4216 was ranked 763 in Australia by increase in median property value over the quarter.

Property buyers and investors in Biggera Waters 4216 should be seeing an average reduction in asking price of around -6.10% . This means that Biggera Waters is holding prices well when compared to other suburbs in QLD.

At number 1020 in a list of fastest selling suburbs, Biggera Waters is in the bottom 40% of suburbs in Australia with an average of days on market 92.9 for properties listed there.

With the median price for a house in Biggera Waters being $449000 and the advertised rent reaching $420 the gross rental yield for property investors calculates out to be 4.86%

Metrics i HOUSE UNIT
$646,000 $449,000
-0.92% 0.90%
-8.50% 3.22%
5.25% 5.37%
$500 $420
68 511
4.02% 4.86%
64.49 92.9

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 6338
Median household income ($/weekly) 893
Median age of persons 40
Median housing loan repayment ($/monthly) 1831
Average household size 2.1
  • Census Count Percent(%)
    25-34 years 989 15.6
    35-44 years 906 14.3
    45-54 years 820 12.9
    55-64 years 795 12.5
    65-74 years 592 9.3
    Others 2236 35.3
    Age Group
    Census Count Percent(%)
    Not Married 2295 48.4
    Registered Married 1850 39.0
    Defacto Relationship 600 12.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3900 66.1
    Papua New Guinea 655 11.1
    South Africa 67 1.1
    United Kingdom 445 7.5
    Other 285 4.8
    Others 550 9.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 116 2.1
    Christianity 4019 71.5
    Hinduism 33 0.6
    Islam 102 1.8
    No Religion 1308 23.3
    Others 40 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 346 14.1
    $600-$799 334 13.6
    $800-$999 261 10.6
    $1,000-$1,249 231 9.4
    $1,500-$1,999 229 9.3
    Others 1061 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1847 37.1
    Not in the labour force 1746 35.1
    Employed, worked part-time 953 19.2
    Unemployed, looking for work 287 5.8
    Employed, away from work 143 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 352 12.0
    Professionals 533 18.1
    Technicians & trades workers 462 15.7
    Clerical & administrative workers 388 13.2
    Sales 367 12.5
    Others 837 28.5
    Occupation
    Census Count Percent(%)
    Pre-school 60 5.7
    Infants/Primary 353 33.3
    Secondary 241 22.7
    Technical or Further Educational Institution 120 11.3
    University or other Tertiary Institutions 243 22.9
    Others 43 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2190 38.4
    Flat, unit or apartment 1926 33.8
    Semi-detached, row or terrace house, townhouse 1542 27.0
    Caravan, cabin, houseboat 40 0.7
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1351 50.6
    Being purchased 687 25.7
    Fully owned 614 23.0
    Other tenure type 17 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals