Suburb Profile Report for Tamborine Mountain QLD (4272)

Tamborine Mountain House: Median price $497,000, Annual capital growth 1.30%, Number of sales 213, Weekly median advertised rent $450

Tamborine Mountain Unit: Median price $365,000, Annual capital growth 3.39%, Number of sales 24, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Tamborine Mountain, 4272 have given investors a capital gain of -4.42%. This compares badly with the 2.51% for QLD as a whole.

Tamborine Mountain,4272 was ranked 2053 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Tamborine Mountain should be aiming for at least -5.05% off the asking price, which is the average vendor discount being achieved at the moment.

Tamborine Mountain is 366th on a list of best yielding suburbs for rents in QLD with a 4.71% return

Investment property in Tamborine Mountain has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.06%

LACK OF BUYER INTEREST may well be the reason that Tamborine Mountain is offering property investors an average of -6.05. This rate of discount on properties puts Suburb at number 91th in terms of most discounted suburbs in QLD

The QLD suburb of Tamborine Mountain, 4272 is in the Scenic Rim local government area.

Metrics i HOUSE UNIT
$497,000 $365,000
1.43% 13.35%
-4.42% 16.06%
1.30% 3.39%
$450 N/A
213 24
4.71% N/A
84.95 119.07

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 7030
Median household income ($/weekly) 982
Median age of persons 47
Median housing loan repayment ($/monthly) 1777
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 914 13.0
    35-44 years 905 12.9
    45-54 years 1108 15.8
    55-64 years 1246 17.7
    65-74 years 949 13.5
    Others 1909 27.2
    Age Group
    Census Count Percent(%)
    Registered Married 3039 57.8
    Not Married 1783 33.9
    Defacto Relationship 439 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4893 72.1
    Greece 108 1.6
    Papua New Guinea 381 5.6
    United Kingdom 793 11.7
    Other 209 3.1
    Others 405 6.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 140 2.2
    Christianity 4151 64.8
    Judaism 19 0.3
    Other Religious Groups 77 1.2
    No Religion 2003 31.3
    Others 16 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 338 13.5
    $600-$799 338 13.5
    $800-$999 271 10.8
    $1,000-$1,249 225 9.0
    $1,500-$1,999 291 11.6
    Others 1048 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2352 42.0
    Employed, worked full-time 1656 29.6
    Employed, worked part-time 1202 21.5
    Unemployed, looking for work 194 3.5
    Employed, away from work 190 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 457 15.0
    Professionals 786 25.8
    Technicians & trades workers 451 14.8
    Community & personal service workers 331 10.9
    Clerical & administrative workers 340 11.1
    Others 685 22.5
    Occupation
    Census Count Percent(%)
    Pre-school 66 4.7
    Infants/Primary 605 43.2
    Secondary 429 30.7
    Technical or Further Educational Institution 84 6.0
    University or other Tertiary Institutions 161 11.5
    Others 54 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6373 96.1
    Semi-detached, row or terrace house, townhouse 105 1.6
    Flat, unit or apartment 58 0.9
    Caravan, cabin, houseboat 19 0.3
    House or flat attached to a shop, office 73 1.1
    Others 6 0.1
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1086 39.7
    Fully owned 1073 39.2
    Rented 565 20.6
    Other tenure type 14 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals