Suburb Profile Report for Karana Downs QLD (4306)

Karana Downs House: Median price $430,000, Annual capital growth 2.69%, Number of sales 65, Weekly median advertised rent $398

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

Source: CoreLogic

  • House Report

QLD has seen average median house prices change by 2.38% which means that Karana Downs, 4306 has done well for property investors by showing a capital gain of -8.51% over the last year

While Karana Downs,4306 ranked number 795th in QLD for increase in median house value (annualised) increase, it is ranked 562th over the last 5 years.

Our latest figures would indicate that property sellers in Karana Downs are currently offering property investors an average price cut of -6.51% below the asking price at the moment.

Using the current median advertised rental of $397.5 and the average annual increase in value of a median property of 2.69%, investors should hope to achieve an overall return of 4.81%

Metrics i HOUSE UNIT
$430,000 N/A
-5.49% N/A
-8.51% N/A
2.69% N/A
$398 N/A
65 N/A
4.81% N/A
101.34 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 3825
Median household income ($/weekly) 1800
Median age of persons 36
Median housing loan repayment ($/monthly) 1800
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 647 16.9
    25-34 years 397 10.4
    35-44 years 624 16.3
    45-54 years 621 16.2
    55-64 years 458 12.0
    Others 1079 28.2
    Age Group
    Census Count Percent(%)
    Registered Married 1572 57.1
    Not Married 922 33.5
    Defacto Relationship 259 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2912 78.0
    Papua New Guinea 142 3.8
    South Africa 80 2.1
    United Kingdom 327 8.8
    Other 92 2.5
    Others 182 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 21 0.6
    Christianity 2496 70.6
    Hinduism 9 0.3
    Judaism 8 0.2
    No Religion 990 28.0
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 93 8.1
    $1,500-$1,999 174 15.1
    $2,000-$2,499 162 14.0
    $2,500-$2,999 149 12.9
    $3,000-$3,499 92 8.0
    Others 485 42.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1283 45.2
    Not in the labour force 695 24.5
    Employed, worked part-time 625 22.0
    Employed, away from work 135 4.8
    Unemployed, looking for work 100 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 296 14.5
    Professionals 529 25.8
    Technicians & trades workers 290 14.2
    Clerical & administrative workers 312 15.2
    Sales 199 9.7
    Others 421 20.6
    Occupation
    Census Count Percent(%)
    Pre-school 85 7.6
    Infants/Primary 468 41.6
    Secondary 276 24.5
    Technical or Further Educational Institution 71 6.3
    University or other Tertiary Institutions 201 17.9
    Others 24 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3654 97.8
    Semi-detached, row or terrace house, townhouse 81 2.2
    Caravan, cabin, houseboat 3 0.1
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 687 54.1
    Fully owned 365 28.7
    Rented 215 16.9
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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Recent sales & rentals