Suburb Profile Report for Bundamba QLD (4304)

Bundamba House: Median price $288,750, Annual capital growth 2.95%, Number of sales 108, Weekly median advertised rent $305

Bundamba Unit: Median price $281,250, Annual capital growth 8.53%, Number of sales 16, Weekly median advertised rent $275

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Bundamba, 4304 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.43%.

Taking the average capital gain, or increase in median house value, Bundamba,4304 has racked up an average of 0.43% over the period. This ranks it number 3164th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Bundamba, 4304. Typically our figures indicate that -6.16% is being offered, which puts this QLD suburb at 1615th most discounted overall in Australia.

A $305 per week rent on the median house gives suburb investors a gross yield of circa 5.49%, without taking into account capital value appreciation, which has been averaging out at 2.95%.

Bundamba has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -8.36% to date .

In the last year 16 properties changed hands in Bundamba, which puts it as the 330th most active market in QLD when comparing the number of sales per suburb.

Advertised rents are around the $275 mark per week – giving a return of 5.08% based on the median price in Suburb

Metrics i HOUSE UNIT
$288,750 $281,250
0.35% -8.36%
0.43% -8.36%
2.95% 8.53%
$305 $275
108 16
5.49% 5.08%
78.29 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 5402
Median household income ($/weekly) 1060
Median age of persons 35
Median housing loan repayment ($/monthly) 1517
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 736 13.6
    25-34 years 712 13.2
    35-44 years 756 14.0
    45-54 years 705 13.0
    55-64 years 673 12.5
    Others 1821 33.7
    Age Group
    Census Count Percent(%)
    Not Married 1779 45.4
    Registered Married 1682 42.9
    Defacto Relationship 456 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 4384 85.8
    Papua New Guinea 190 3.7
    Philippines 30 0.6
    United Kingdom 199 3.9
    Other 130 2.5
    Others 174 3.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 66 1.4
    Christianity 3511 72.7
    Islam 20 0.4
    Other Religious Groups 23 0.5
    No Religion 1206 25.0
    Others 5 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 217 12.5
    $600-$799 185 10.7
    $800-$999 195 11.2
    $1,000-$1,249 184 10.6
    $1,500-$1,999 232 13.4
    Others 724 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1535 38.0
    Employed, worked full-time 1470 36.4
    Employed, worked part-time 660 16.3
    Unemployed, looking for work 219 5.4
    Employed, away from work 160 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 276 12.1
    Technicians & trades workers 379 16.6
    Community & personal service workers 250 10.9
    Clerical & administrative workers 347 15.2
    Labourers 352 15.4
    Others 683 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 63 5.7
    Infants/Primary 453 40.7
    Secondary 300 27.0
    Technical or Further Educational Institution 106 9.5
    University or other Tertiary Institutions 156 14.0
    Others 35 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4879 95.7
    Flat, unit or apartment 131 2.6
    Semi-detached, row or terrace house, townhouse 60 1.2
    Improvised home, tent, sleepers out 15 0.3
    Caravan, cabin, houseboat 14 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 666 35.4
    Being purchased 651 34.6
    Fully owned 557 29.6
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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