Suburb Profile Report for Karalee QLD (4306)

Karalee House: Median price $553,500, Annual capital growth 4.74%, Number of sales 70, Weekly median advertised rent $455

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

Source: CoreLogic

  • House Report

With a capital gain of 2.50% for the last 12 months, Karalee, 4306 has performed for property investments than its average annual 4.74% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Karalee,4306 has racked up an average of 2.50% over the period. This ranks it number 2793th in the whole country for real estate investors looking at median house price increases.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.10% offered to property buyers. Sellers in Karalee itself are offering an average vendor discount of -6.92% to real estate investors.

At number 2155 in a list of fastest selling suburbs, Karalee is just in the bottom half of suburbs in Australia with an average of days on market 85.48 for properties listed there.

Property investors should expect to get $455 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$553,500 N/A
-1.51% N/A
2.50% N/A
4.74% N/A
$455 N/A
70 N/A
4.27% N/A
85.48 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 3683
Median household income ($/weekly) 1980
Median age of persons 37
Median housing loan repayment ($/monthly) 2100
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 683 18.5
    25-34 years 383 10.4
    35-44 years 661 17.9
    45-54 years 634 17.2
    55-64 years 378 10.3
    Others 945 25.7
    Age Group
    Census Count Percent(%)
    Registered Married 1594 63.2
    Not Married 692 27.4
    Defacto Relationship 236 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2966 83.4
    Papua New Guinea 77 2.2
    South Africa 32 0.9
    United Kingdom 289 8.1
    Other 53 1.5
    Others 138 3.9
    Country of Birth
    Census Count Percent(%)
    Christianity 2594 75.5
    No Religion 815 23.7
    Buddhism 18 0.5
    Hinduism 7 0.2
    Other Religious Groups 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 83 8.7
    $1,500-$1,999 157 16.5
    $2,000-$2,499 152 15.9
    $2,500-$2,999 136 14.3
    $3,000-$3,499 95 10.0
    Others 330 34.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1305 49.0
    Not in the labour force 661 24.8
    Employed, worked part-time 507 19.0
    Employed, away from work 129 4.8
    Unemployed, looking for work 63 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 256 13.2
    Professionals 386 19.9
    Technicians & trades workers 333 17.2
    Community & personal service workers 157 8.1
    Clerical & administrative workers 359 18.5
    Others 448 23.1
    Occupation
    Census Count Percent(%)
    Pre-school 51 5.0
    Infants/Primary 453 44.3
    Secondary 290 28.3
    Technical or Further Educational Institution 67 6.5
    University or other Tertiary Institutions 143 14.0
    Others 19 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3418 98.1
    Semi-detached, row or terrace house, townhouse 48 1.4
    Caravan, cabin, houseboat 16 0.5
    Flat, unit or apartment 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 691 63.3
    Fully owned 309 28.3
    Rented 88 8.1
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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