Suburb Profile Report for Kingaroy QLD (4610)

Kingaroy House: Median price $241,500, Annual capital growth 1.58%, Number of sales 157, Weekly median advertised rent $270

Kingaroy Unit: Median price $160,000, Annual capital growth N/A, Number of sales 12, Weekly median advertised rent $200

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Kingaroy has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.40%

Taking the average capital gain, or increase in median house value, Kingaroy,4610 has racked up an average of -3.40% over the period. This ranks it number 3459th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -7.65% to buyers in Kingaroy at the moment, which is less than average for the rest of QLD.

With the median price for a house in Kingaroy being $241500 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 5.81%

In the last year 12 properties changed hands in Kingaroy, which puts it as the 358th most active market in QLD when comparing the number of sales per suburb.

Kingaroy, 4610’s gross rental yield is 6.50%

HOUSE UNIT
$241,500 $160,000
-1.02% N/A
-3.40% N/A
1.58% N/A
$270 $200
157 12
5.81% 6.50%
124.03 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (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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Recent sales & rentals