Suburb Profile Report for Drayton QLD (4350)

Drayton House: Median price $365,000, Annual capital growth 3.76%, Number of sales 36, Weekly median advertised rent $335

Drayton Unit: Median price $255,000, Annual capital growth 7.59%, Number of sales 11, Weekly median advertised rent $278

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Drayton has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.58%

Taking the average capital gain, or increase in median house value, Drayton,4350 has racked up an average of 4.58% over the period. This ranks it number 2789th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Drayton is offering property investors an average of -7.29. This rate of discount on properties puts Suburb at number 257th in terms of most discounted suburbs in QLD

At number 2427 in a list of fastest selling suburbs, Drayton is in the bottom 40% of suburbs in Australia with an average of days on market 94.76 for properties listed there.

With the median price for a house in Drayton being $365000 and the advertised rent reaching $334.5 the gross rental yield for property investors calculates out to be 4.77%

Drayton is in the bottom 10% in QLD when comparing median price capital growth over the last year. Drayton gave property investors a dismal capital gain figure when compared to the rest of the state, with -15.00%.

If we look at median property appreciation over just the last three months, Drayton has given property investors a paper return of 0.99%. This puts Suburb as 120 on a list of fastest fasting appreciating suburbs in QLD

Situated 79.77km from the CBD, Drayton is one of Toowoomba localities in the postcode 4350.

HOUSE UNIT
$365,000 $255,000
-1.22% 0.99%
4.58% -15.00%
3.76% 7.59%
$335 $278
36 11
4.77% 5.66%
94.76 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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Demographics
Total population 1608
Median household income ($/weekly) 937
Median age of persons 35
Median housing loan repayment ($/monthly) 1517
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 237 14.7
    25-34 years 198 12.3
    35-44 years 201 12.5
    45-54 years 213 13.2
    55-64 years 208 12.9
    Others 552 34.3
    Age Group
    Census Count Percent(%)
    Registered Married 521 47.5
    Not Married 465 42.4
    Defacto Relationship 110 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1339 92.0
    Indonesia 9 0.6
    Papua New Guinea 13 0.9
    United Kingdom 27 1.9
    Other 20 1.4
    Others 48 3.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1187 84.8
    No Religion 182 13.0
    Islam 15 1.1
    Hinduism 10 0.7
    Buddhism 6 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 86 17.0
    $600-$799 63 12.5
    $800-$999 49 9.7
    $1,000-$1,249 53 10.5
    $1,500-$1,999 69 13.7
    Others 185 36.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 427 37.6
    Not in the labour force 385 33.9
    Employed, worked part-time 237 20.8
    Unemployed, looking for work 45 4.0
    Employed, away from work 43 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 91 12.9
    Technicians & trades workers 119 16.9
    Community & personal service workers 71 10.1
    Clerical & administrative workers 107 15.2
    Labourers 110 15.6
    Others 205 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 16 4.8
    Infants/Primary 140 42.0
    Secondary 110 33.0
    Technical or Further Educational Institution 32 9.6
    University or other Tertiary Institutions 29 8.7
    Others 6 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1239 85.5
    Flat, unit or apartment 140 9.7
    Semi-detached, row or terrace house, townhouse 70 4.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 225 40.3
    Being purchased 167 29.9
    Fully owned 166 29.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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