Suburb Profile Report for Coombabah QLD (4216)

Coombabah House: Median price $484,000, Annual capital growth 3.01%, Number of sales 127, Weekly median advertised rent $450

Coombabah Unit: Median price $345,000, Annual capital growth 2.53%, Number of sales 188, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Coombabah is in the TOP 30% in QLD when comparing median price capital growth over the last year. Coombabah gave property investors a good capital gain figure when compared to the rest of the state, with 7.56%.

When looking at the potential capital gains offered to property investors over the last 3 years, Coombabah comes in at number 114th in QLD.

At number 616th of QLD’s most discounted properties, Coombabah is in the TOP 30% of the state/territory when listing in order of most discounted to least.

With the median price for a house in Coombabah being $484000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.83%

Property value increases in Coombabah have tracked close to the QLD average of 0.29% over the last 12 months.

Across a shorter period, Coombabah, 4216 has seen a median price increase of -1.99% over the last quarter.

Property buyers and investors in Coombabah 4216 should be seeing an average reduction in asking price of around -4.54% . This means that Coombabah is holding prices well when compared to other suburbs in QLD.

Renters in Suburb are facing rents around $4800 per annum or $400 every week.

Metrics i HOUSE UNIT
$484,000 $345,000
0.83% -1.99%
7.56% 0.00%
3.01% 2.53%
$450 $400
127 188
4.83% 6.03%
46.31 68.75

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 9774
Median household income ($/weekly) 793
Median age of persons 45
Median housing loan repayment ($/monthly) 1886
Average household size 2.2
  • Census Count Percent(%)
    25-34 years 1110 11.4
    35-44 years 1207 12.3
    45-54 years 1098 11.2
    55-64 years 1246 12.7
    65-74 years 1327 13.6
    Others 3786 38.7
    Age Group
    Census Count Percent(%)
    Registered Married 3514 46.7
    Not Married 3217 42.8
    Defacto Relationship 789 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 6024 65.6
    Papua New Guinea 1037 11.3
    South Africa 107 1.2
    United Kingdom 1032 11.2
    Other 319 3.5
    Others 670 7.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 89 1.0
    Christianity 6529 73.7
    Islam 113 1.3
    Other Religious Groups 39 0.4
    No Religion 2049 23.1
    Others 40 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 400 10.4
    $400-$599 789 20.5
    $600-$799 506 13.1
    $800-$999 406 10.5
    $1,500-$1,999 367 9.5
    Others 1381 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3460 45.0
    Employed, worked full-time 2281 29.7
    Employed, worked part-time 1366 17.8
    Unemployed, looking for work 354 4.6
    Employed, away from work 231 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 500 12.9
    Technicians & trades workers 661 17.1
    Clerical & administrative workers 564 14.6
    Sales 584 15.1
    Labourers 435 11.2
    Others 1129 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 103 6.2
    Infants/Primary 694 41.8
    Secondary 411 24.7
    Technical or Further Educational Institution 172 10.3
    University or other Tertiary Institutions 216 13.0
    Others 66 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5115 55.4
    Semi-detached, row or terrace house, townhouse 3568 38.6
    Caravan, cabin, houseboat 550 6.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1623 39.5
    Rented 1412 34.3
    Being purchased 1050 25.5
    Other tenure type 26 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals