Suburb Profile Report for Kingaroy QLD (4610)

Kingaroy House: Median price $245,000, Annual capital growth 1.10%, Number of sales 165, Weekly median advertised rent $270

Kingaroy Unit: Median price $145,000, Annual capital growth N/A, Number of sales 11, Weekly median advertised rent $200

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Kingaroy, 4610 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.01%

While Kingaroy,4610 ranked number 290th in QLD for increase in median house value (annualised) increase, it is ranked 666th over the last 5 years.

Property investors looking for a bargain in Kingaroy should be aiming for at least -8.14% off the asking price, which is the average vendor discount being achieved at the moment.

A $270 per week rent on the median house gives suburb investors a gross yield of circa 5.73%, without taking into account capital value appreciation, which has been averaging out at 1.10%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kingaroy has fallen somewhat when compared to the 5 year average annual rate.

The QLD suburb of Kingaroy, 4610 is in the South Burnett local government area.

HOUSE UNIT
$245,000 $145,000
1.45% -17.14%
-1.01% N/A
1.10% N/A
$270 $200
165 11
5.73% 7.17%
123.63 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
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Demographics
Total population 9522
Median household income ($/weekly) 950
Median age of persons 35
Median housing loan repayment ($/monthly) 1500
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1442 15.1
    25-34 years 1158 12.2
    35-44 years 1157 12.2
    45-54 years 1156 12.1
    55-64 years 1050 11.0
    Others 3559 37.4
    Age Group
    Census Count Percent(%)
    Registered Married 3175 48.1
    Not Married 2711 41.1
    Defacto Relationship 715 10.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 8332 91.1
    Papua New Guinea 168 1.8
    Philippines 67 0.7
    United Kingdom 231 2.5
    Other 73 0.8
    Others 280 3.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 71 0.8
    Christianity 6657 76.3
    Hinduism 12 0.1
    Other Religious Groups 58 0.7
    No Religion 1911 21.9
    Others 17 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 335 10.3
    $400-$599 460 14.1
    $600-$799 390 12.0
    $800-$999 353 10.9
    $1,500-$1,999 346 10.6
    Others 1367 42.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2616 37.6
    Employed, worked full-time 2521 36.3
    Employed, worked part-time 1310 18.8
    Unemployed, looking for work 262 3.8
    Employed, away from work 245 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 595 14.6
    Technicians & trades workers 620 15.2
    Clerical & administrative workers 504 12.4
    Sales 446 11.0
    Labourers 687 16.9
    Others 1220 30.0
    Occupation
    Census Count Percent(%)
    Pre-school 122 5.7
    Infants/Primary 966 45.0
    Secondary 584 27.2
    Technical or Further Educational Institution 262 12.2
    University or other Tertiary Institutions 167 7.8
    Others 45 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8084 90.6
    Flat, unit or apartment 739 8.3
    Semi-detached, row or terrace house, townhouse 66 0.7
    Caravan, cabin, houseboat 21 0.2
    House or flat attached to a shop, office 13 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1373 38.8
    Fully owned 1107 31.3
    Being purchased 1042 29.4
    Other tenure type 19 0.5
    Tenure Type
Census 2011, ABS
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