Suburb Profile Report for Nanango QLD (4615)

Nanango House: Median price $185,000, Annual capital growth 1.05%, Number of sales 61, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Nanango, 4615 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.78%

Over the longer term, Nanango has seen property prices show investors a -10.84% return over the last 3 years. This is an improvement over the last 12 months

Our latest figures would indicate that property sellers in Nanango are currently offering property investors an average price cut of -12.04% below the asking price at the moment.

In the last year 61 properties changed hands in Nanango, which puts it as the 375th most active market in QLD when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $3000 per annum or $250 every week.

HOUSE UNIT
$185,000 N/A
-0.80% N/A
2.78% N/A
1.05% N/A
$250 N/A
61 N/A
7.03% N/A
113.96 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (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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