Suburb Profile Report for Adare QLD (4343)

Adare House: Median price $362,500, Annual capital growth 3.57%, Number of sales 12, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Adare has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -5.35% to date .

If we look at median property appreciation over just the last three months, Adare has given property investors a paper return of -7.53%. This puts Suburb as 811 on a list of fastest fasting appreciating suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Adare is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 129th in terms of most discounted suburbs in QLD

In the last year 12 properties changed hands in Adare, which puts it as the 841th most active market in QLD when comparing the number of sales per suburb.

HOUSE UNIT
$362,500 N/A
-7.53% N/A
-5.35% N/A
3.57% N/A
N/A N/A
12 N/A
N/A N/A
118.36 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 643
Median household income ($/weekly) 1218
Median age of persons 31
Median housing loan repayment ($/monthly) 1280
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 114 17.7
    15-19 years 57 8.9
    25-34 years 74 11.5
    35-44 years 91 14.2
    45-54 years 97 15.1
    Others 210 32.7
    Age Group
    Census Count Percent(%)
    Registered Married 194 53.7
    Not Married 123 34.1
    Defacto Relationship 44 12.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 448 88.4
    Greece 3 0.6
    Papua New Guinea 20 3.9
    United Kingdom 17 3.4
    Other 10 2.0
    Others 9 1.8
    Country of Birth
    Census Count Percent(%)
    Christianity 403 81.6
    No Religion 81 16.4
    Other Religious Groups 6 1.2
    Buddhism 4 0.8
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 12 8.8
    $800-$999 13 9.5
    $1,000-$1,249 16 11.7
    $1,500-$1,999 30 21.9
    $2,000-$2,499 23 16.8
    Others 43 31.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 161 43.5
    Not in the labour force 100 27.0
    Employed, worked part-time 76 20.5
    Unemployed, looking for work 17 4.6
    Employed, away from work 16 4.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 31 12.4
    Technicians & trades workers 49 19.7
    Sales 38 15.3
    Machinery operators & drivers 30 12.0
    Labourers 45 18.1
    Others 56 22.5
    Occupation
    Census Count Percent(%)
    Pre-school 5 3.5
    Infants/Primary 67 46.5
    Secondary 43 29.9
    Technical or Further Educational Institution 3 2.1
    University or other Tertiary Institutions 23 16.0
    Others 3 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 501 99.2
    Flat, unit or apartment 4 0.8
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 70 43.8
    Rented 47 29.4
    Fully owned 43 26.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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