Suburb Profile Report for Murrumba Downs QLD (4503)

Murrumba Downs House: Median price $490,000, Annual capital growth 3.91%, Number of sales 156, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report

Murrumba Downs has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 4.26% to date .

If we look at median property appreciation over just the last three months, Murrumba Downs has given property investors a paper return of 1.03%. This puts Suburb as 333 on a list of fastest fasting appreciating suburbs in QLD

Property investors looking for a bargain in Murrumba Downs should be aiming for at least -3.59% off the asking price, which is the average vendor discount being achieved at the moment.

Renters in Suburb are facing rents around $4920 per annum or $410 every week.

Metrics i HOUSE UNIT
$490,000 N/A
1.03% N/A
4.26% N/A
3.91% N/A
$410 N/A
156 N/A
4.35% N/A
54.97 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 9392
Median household income ($/weekly) 1595
Median age of persons 35
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1348 14.4
    25-34 years 1200 12.8
    35-44 years 1484 15.8
    45-54 years 1253 13.3
    55-64 years 1036 11.0
    Others 3072 32.7
    Age Group
    Census Count Percent(%)
    Registered Married 3880 57.9
    Not Married 2116 31.6
    Defacto Relationship 702 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 7157 79.1
    Papua New Guinea 524 5.8
    South Africa 107 1.2
    United Kingdom 571 6.3
    Other 219 2.4
    Others 475 5.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 88 1.0
    Christianity 6596 76.0
    Hinduism 119 1.4
    Other Religious Groups 20 0.2
    No Religion 1825 21.0
    Others 27 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 250 8.6
    $1,000-$1,249 244 8.4
    $1,500-$1,999 468 16.1
    $2,000-$2,499 388 13.3
    $2,500-$2,999 317 10.9
    Others 1240 42.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3209 45.9
    Not in the labour force 1946 27.8
    Employed, worked part-time 1342 19.2
    Employed, away from work 276 3.9
    Unemployed, looking for work 219 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 609 12.6
    Professionals 840 17.4
    Technicians & trades workers 674 14.0
    Clerical & administrative workers 885 18.3
    Sales 532 11.0
    Others 1283 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 129 6.0
    Infants/Primary 889 41.6
    Secondary 600 28.1
    Technical or Further Educational Institution 142 6.7
    University or other Tertiary Institutions 294 13.8
    Others 81 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7743 87.2
    Semi-detached, row or terrace house, townhouse 1109 12.5
    Caravan, cabin, houseboat 24 0.3
    House or flat attached to a shop, office 4 0.0
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1478 47.3
    Rented 813 26.0
    Fully owned 745 23.9
    Other tenure type 87 2.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals