Suburb Profile Report for Narangba QLD (4504)

Narangba House: Median price $450,000, Annual capital growth 3.14%, Number of sales 402, Weekly median advertised rent $420

Narangba Unit: Median price $330,000, Annual capital growth -1.09%, Number of sales 17, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.22% which means that Narangba, 4504 has done well for property investors by showing a capital gain of 0.00% over the last year

While Narangba,4504 ranked number 517th in QLD for increase in median house value (annualised) increase, it is ranked 380th over the last 5 years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.23% offered to property buyers. Sellers in Narangba itself are offering an average vendor discount of -4.63% to real estate investors.

Situated 32.48km from the CBD, Narangba is one of Moreton Bay localities in the postcode 4504.

Narangba is an average performer in QLD when comparing median price capital growth over the last year. Narangba gave property investors a average capital gain figure when compared to the rest of the state, with 1.23%.

Taking the average capital gain, or increase in median house value, Narangba,4504 has racked up an average of 1.23% over the period. This ranks it number 1412th in the whole country for real estate investors looking at median house price increases.

Situated 31.45km from the CBD, Narangba is one of Moreton Bay localities in the postcode 4504.

HOUSE UNIT
$450,000 $330,000
-0.33% 1.23%
0.00% 1.23%
3.14% -1.09%
$420 $350
402 17
4.85% 5.52%
68.02 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 16223
Median household income ($/weekly) 1695
Median age of persons 31
Median housing loan repayment ($/monthly) 2167
Average household size 3.2
  • Census Count Percent(%)
    0-4 years 1494 9.2
    5-14 years 3067 18.9
    25-34 years 2136 13.2
    35-44 years 2952 18.2
    45-54 years 2072 12.8
    Others 4502 27.8
    Age Group
    Census Count Percent(%)
    Registered Married 6354 58.1
    Not Married 3393 31.0
    Defacto Relationship 1193 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 12786 81.5
    Papua New Guinea 841 5.4
    South Africa 132 0.8
    United Kingdom 1160 7.4
    Other 290 1.8
    Others 470 3.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 83 0.6
    Christianity 10665 71.3
    Hinduism 41 0.3
    Other Religious Groups 54 0.4
    No Religion 4098 27.4
    Others 22 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 439 10.1
    $1,250-$1,499 436 10.0
    $1,500-$1,999 784 18.0
    $2,000-$2,499 713 16.4
    $2,500-$2,999 474 10.9
    Others 1505 34.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5351 47.5
    Not in the labour force 2654 23.6
    Employed, worked part-time 2324 20.6
    Employed, away from work 485 4.3
    Unemployed, looking for work 450 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 883 10.8
    Professionals 1232 15.1
    Technicians & trades workers 1451 17.8
    Clerical & administrative workers 1454 17.8
    Sales 863 10.6
    Others 2275 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 245 5.4
    Infants/Primary 2142 46.9
    Secondary 1319 28.9
    Technical or Further Educational Institution 295 6.5
    University or other Tertiary Institutions 437 9.6
    Others 125 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 15469 98.8
    Semi-detached, row or terrace house, townhouse 90 0.6
    Flat, unit or apartment 80 0.5
    House or flat attached to a shop, office 7 0.0
    Caravan, cabin, houseboat 4 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2834 58.8
    Rented 1061 22.0
    Fully owned 913 19.0
    Other tenure type 8 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals