Suburb Profile Report for Tamborine Mountain QLD (4272)

Tamborine Mountain House: Median price $490,000, Annual capital growth 1.25%, Number of sales 210, Weekly median advertised rent $450

Tamborine Mountain Unit: Median price $325,000, Annual capital growth 2.29%, Number of sales 27, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Tamborine Mountain, 4272 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.97%

While Tamborine Mountain,4272 ranked number 670th in QLD for increase in median house value (annualised) increase, it is ranked 468th over the last 5 years.

The most recent median price for Tamborine Mountain is $490000, with sellers offering an average of -5.29% off the asking price.

A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.78%, without taking into account capital value appreciation, which has been averaging out at 1.25%.

QLD has seen average median house prices change by 1.12% which means that Tamborine Mountain, 4272 has done well for property investors by showing a capital gain of 1.56% over the last year

The five-year average increase in median property values for Tamborine Mountain,4272 has given property investors a potential capital gain of -2.99% across each of those five years.

Sellers are offering property buyers an average discount of -6.04% to buyers in Tamborine Mountain at the moment, which is less than average for the rest of QLD.

At number 1417 in a list of fastest selling suburbs, Tamborine Mountain is in the bottom 10% of suburbs in Australia with an average of days on market 141.46 for properties listed there.

Tamborine Mountain, 4272’s gross rental yield is 4.64%

HOUSE UNIT
$490,000 $325,000
-2.00% 0.78%
-2.97% 1.56%
1.25% 2.29%
$450 $290
210 27
4.78% 4.64%
88.13 141.46

Source: CoreLogic

DSR Score for property investment : Good (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