Suburb Profile Report for Kooralbyn QLD (4285)

Kooralbyn House: Median price $347,000, Annual capital growth 3.81%, Number of sales 59, Weekly median advertised rent $340

Kooralbyn Unit: Median price $157,500, Annual capital growth 9.20%, Number of sales 23, Weekly median advertised rent $190

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Kooralbyn, 4285 have given investors a capital gain of 6.77%. This compares favourably with the 2.11% for QLD as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kooralbyn has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Kooralbyn are currently offering property investors an average price cut of -7.37% below the asking price at the moment.

On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.

Renters in Suburb are facing rents around $4080 per annum or $340 every week.

QLD has seen average median house prices change by 1.12% which means that Kooralbyn, 4285 has done well for property investors by showing a capital gain of -4.55% over the last year

While Kooralbyn,4285 ranked number 307th in QLD for increase in median house value (annualised) increase, it is ranked 95th over the last 5 years.

The most recent median price for Kooralbyn is $157500, with sellers offering an average of -6.50% off the asking price.

In the last year 23 properties changed hands in Kooralbyn, which puts it as the 291th most active market in QLD when comparing the number of sales per suburb.

A $190 per week rent on the median house gives suburb investors a gross yield of circa 6.27%, without taking into account capital value appreciation, which has been averaging out at 9.20%.

HOUSE UNIT
$347,000 $157,500
4.36% -4.55%
6.77% -4.55%
3.81% 9.20%
$340 $190
59 23
5.10% 6.27%
149.52 118.21

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 1371
Median household income ($/weekly) 781
Median age of persons 42
Median housing loan repayment ($/monthly) 1560
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 191 13.9
    35-44 years 189 13.8
    45-54 years 196 14.3
    55-64 years 216 15.7
    65-74 years 178 13.0
    Others 402 29.3
    Age Group
    Census Count Percent(%)
    Registered Married 484 49.5
    Not Married 363 37.2
    Defacto Relationship 130 13.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 980 75.9
    Greece 16 1.2
    Papua New Guinea 67 5.2
    United Kingdom 133 10.3
    Other 33 2.6
    Others 62 4.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 1.1
    Christianity 870 70.9
    Islam 6 0.5
    Other Religious Groups 7 0.6
    No Religion 325 26.5
    Others 6 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 101 20.5
    $600-$799 62 12.6
    $800-$999 54 11.0
    $1,000-$1,249 48 9.7
    $1,500-$1,999 46 9.3
    Others 182 36.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 506 48.7
    Employed, worked full-time 297 28.6
    Employed, worked part-time 152 14.6
    Unemployed, looking for work 52 5.0
    Employed, away from work 31 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 67 13.9
    Technicians & trades workers 80 16.6
    Community & personal service workers 61 12.6
    Clerical & administrative workers 87 18.0
    Labourers 61 12.6
    Others 127 26.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 116 43.9
    Secondary 100 37.9
    Technical or Further Educational Institution 14 5.3
    University or other Tertiary Institutions 16 6.1
    Other type of educational institution 11 4.2
    Others 7 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1095 85.8
    Semi-detached, row or terrace house, townhouse 125 9.8
    Flat, unit or apartment 51 4.0
    Caravan, cabin, houseboat 5 0.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 236 43.9
    Fully owned 170 31.7
    Rented 125 23.3
    Other tenure type 6 1.1
    Tenure Type
Census 2011, ABS
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