Suburb Profile Report for Benowa QLD (4217)

Benowa House: Median price $837,500, Annual capital growth 3.44%, Number of sales 161, Weekly median advertised rent $650

Benowa Unit: Median price $540,000, Annual capital growth 3.20%, Number of sales 98, Weekly median advertised rent $650

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

Source: CoreLogic

  • House Report
  • Unit Report

Benowa is in the TOP 20% in QLD when comparing median price capital growth over the last year. Benowa gave property investors a very good capital gain figure when compared to the rest of the state, with 8.77%.

Benowa,4217 was ranked 614 in Australia by increase in median property value over the quarter.

Benowa4217 is located in QLD which offers an average discount of -7.32% to property investors. Benowa itself is showing figures that indicate -5.26% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $650 mark per week – giving a return of 4.04% based on the median price in Suburb

Benowa, 4217 ranked 233th in QLD when comparing growth in median property values or capital gain over the last 12 months. Benowa is one of 2415 in our list for QLD

Benowa,4217 was ranked 426 in Australia by increase in median property value over the quarter.

Property buyers and investors in Benowa 4217 should be seeing an average reduction in asking price of around -5.55% . This means that Benowa is holding prices well when compared to other suburbs in QLD.

With the median price for a house in Benowa being $540000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 6.26%

HOUSE UNIT
$837,500 $540,000
5.35% 2.86%
8.77% -0.69%
3.44% 3.20%
$650 $650
161 98
4.04% 6.26%
67.39 81.22

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 7978
Median household income ($/weekly) 1387
Median age of persons 42
Median housing loan repayment ($/monthly) 2167
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1169 14.7
    35-44 years 1119 14.0
    45-54 years 1265 15.9
    55-64 years 1048 13.1
    65-74 years 722 9.0
    Others 2656 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 3208 55.1
    Not Married 2217 38.1
    Defacto Relationship 396 6.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 5005 66.1
    South Korea 163 2.2
    Papua New Guinea 562 7.4
    United Kingdom 570 7.5
    Other 346 4.6
    Others 923 12.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 196 2.7
    Christianity 5434 74.2
    Islam 65 0.9
    Other Religious Groups 64 0.9
    No Religion 1467 20.0
    Others 94 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 227 9.4
    $600-$799 218 9.0
    $1,500-$1,999 279 11.6
    $2,000-$2,499 214 8.9
    $2,500-$2,999 238 9.9
    Others 1237 51.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2163 35.6
    Employed, worked full-time 2153 35.4
    Employed, worked part-time 1282 21.1
    Unemployed, looking for work 259 4.3
    Employed, away from work 217 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 594 16.3
    Professionals 786 21.5
    Technicians & trades workers 418 11.4
    Clerical & administrative workers 559 15.3
    Sales 491 13.4
    Others 804 22.0
    Occupation
    Census Count Percent(%)
    Pre-school 132 6.7
    Infants/Primary 752 38.2
    Secondary 624 31.7
    Technical or Further Educational Institution 116 5.9
    University or other Tertiary Institutions 311 15.8
    Others 36 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5128 68.7
    Semi-detached, row or terrace house, townhouse 2244 30.1
    Flat, unit or apartment 91 1.2
    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 1064 39.8
    Fully owned 978 36.6
    Rented 590 22.1
    Other tenure type 40 1.5
    Tenure Type
Census 2011, ABS
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