Suburb Profile Report for Nanango QLD (4615)

Nanango House: Median price $186,500, Annual capital growth 1.15%, Number of sales 60, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report

Nanango is an average performer in QLD when comparing median price capital growth over the last year. Nanango gave property investors a average capital gain figure when compared to the rest of the state, with 3.61%.

A -13.26% growth in median value for property investors in Nanango,4615 puts this suburb at number 98th in terms of best performing suburbs in QLD

The most recent median price for Nanango is $186500, with sellers offering an average of -11.67% off the asking price.

On average over the past year, suburb has had 5.00 sales per month, which equates to 60 per year.

Advertised rents are around the $240 mark per week – giving a return of 6.69% based on the median price in Suburb

HOUSE UNIT
$186,500 N/A
4.78% N/A
3.61% N/A
1.15% N/A
$240 N/A
60 N/A
6.69% N/A
118.74 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 3795
Median household income ($/weekly) 691
Median age of persons 43
Median housing loan repayment ($/monthly) 1157
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 529 13.9
    35-44 years 416 11.0
    45-54 years 469 12.4
    55-64 years 556 14.7
    65-74 years 524 13.8
    Others 1301 34.3
    Age Group
    Census Count Percent(%)
    Registered Married 1285 48.2
    Not Married 1135 42.6
    Defacto Relationship 247 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3180 87.2
    Papua New Guinea 98 2.7
    Philippines 30 0.8
    United Kingdom 217 6.0
    Other 41 1.1
    Others 80 2.2
    Country of Birth
    Census Count Percent(%)
    Christianity 2405 70.0
    No Religion 955 27.8
    Buddhism 43 1.3
    Other Religious Groups 27 0.8
    Islam 6 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 191 14.5
    $400-$599 261 19.9
    $600-$799 200 15.2
    $800-$999 126 9.6
    $1,500-$1,999 125 9.5
    Others 410 31.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1596 55.6
    Employed, worked full-time 669 23.3
    Employed, worked part-time 398 13.9
    Unemployed, looking for work 115 4.0
    Employed, away from work 91 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 158 13.6
    Technicians & trades workers 187 16.1
    Sales 122 10.5
    Machinery operators & drivers 140 12.1
    Labourers 205 17.7
    Others 346 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 28 3.7
    Infants/Primary 339 44.6
    Secondary 258 33.9
    Technical or Further Educational Institution 84 11.1
    University or other Tertiary Institutions 31 4.1
    Others 20 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3340 94.6
    Flat, unit or apartment 142 4.0
    Caravan, cabin, houseboat 41 1.2
    Improvised home, tent, sleepers out 3 0.1
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 522 36.4
    Rented 495 34.5
    Being purchased 411 28.7
    Other tenure type 6 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals