Suburb Profile Report for Ningi QLD (4511)

Ningi House: Median price $444,500, Annual capital growth 3.69%, Number of sales 109, Weekly median advertised rent $390

Ningi Unit: Median price $349,450, Annual capital growth 0.31%, Number of sales 16, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Ningi has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.11%

While Ningi,4511 ranked number 534th in QLD for increase in median house value (annualised) increase, it is ranked 481th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Ningi is offering property investors an average of -7.23. This rate of discount on properties puts Suburb at number 531th in terms of most discounted suburbs in QLD

Often selling an investment property can take time, and in Ningi the average time real estate has been on the market is 103.04 days.

Ningi, 4511’s gross rental yield is 4.56%

Over the last year, property investments in Ningi, 4511 have given investors a capital gain of -0.13%. This compares averagely with the 1.23% for QLD as a whole.

Property investors should expect to get $350 weekly from the median priced house in this suburb.

HOUSE UNIT
$444,500 $349,450
-0.45% -0.14%
7.11% -0.13%
3.69% 0.31%
$390 $350
109 16
4.56% 5.21%
103.04 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 3688
Median household income ($/weekly) 1116
Median age of persons 37
Median housing loan repayment ($/monthly) 1820
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 596 16.2
    25-34 years 406 11.0
    35-44 years 532 14.4
    45-54 years 460 12.5
    55-64 years 481 13.0
    Others 1213 32.9
    Age Group
    Census Count Percent(%)
    Registered Married 1393 54.8
    Not Married 867 34.1
    Defacto Relationship 281 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2818 82.0
    Greece 22 0.6
    Papua New Guinea 156 4.5
    United Kingdom 256 7.5
    Other 58 1.7
    Others 125 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 2356 72.6
    No Religion 835 25.7
    Buddhism 32 1.0
    Other Religious Groups 11 0.3
    Islam 9 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 140 13.1
    $600-$799 116 10.9
    $800-$999 116 10.9
    $1,250-$1,499 106 9.9
    $1,500-$1,999 152 14.2
    Others 438 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1027 39.4
    Employed, worked full-time 870 33.3
    Employed, worked part-time 483 18.5
    Unemployed, looking for work 139 5.3
    Employed, away from work 90 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 154 10.7
    Technicians & trades workers 283 19.7
    Community & personal service workers 156 10.8
    Clerical & administrative workers 218 15.1
    Sales 183 12.7
    Others 446 31.0
    Occupation
    Census Count Percent(%)
    Pre-school 47 5.9
    Infants/Primary 377 47.2
    Secondary 228 28.5
    Technical or Further Educational Institution 54 6.8
    University or other Tertiary Institutions 75 9.4
    Others 18 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3436 99.7
    Semi-detached, row or terrace house, townhouse 3 0.1
    Caravan, cabin, houseboat 3 0.1
    House or flat attached to a shop, office 3 0.1
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 494 41.9
    Fully owned 341 28.9
    Rented 341 28.9
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals