Suburb Profile Report for Granville QLD (4650)

Granville House: Median price $217,500, Annual capital growth 0.31%, Number of sales 34, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

Investment property in Granville 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 2.11%

A -4.81% growth in median value for property investors in Granville,4650 puts this suburb at number 750th in terms of best performing suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Granville is offering property investors an average of -6.98. This rate of discount on properties puts Suburb at number 136th in terms of most discounted suburbs in QLD

Using the current median advertised rental of $260 and the average annual increase in value of a median property of 0.31%, investors should hope to achieve an overall return of 6.22%

Metrics i HOUSE UNIT
$217,500 N/A
-3.33% N/A
2.11% N/A
0.31% N/A
$260 N/A
34 N/A
6.22% N/A
146.4 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 2689
Median household income ($/weekly) 780
Median age of persons 40
Median housing loan repayment ($/monthly) 1226
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 414 15.4
    35-44 years 289 10.7
    45-54 years 371 13.8
    55-64 years 340 12.6
    65-74 years 292 10.9
    Others 983 36.6
    Age Group
    Census Count Percent(%)
    Registered Married 891 49.1
    Not Married 737 40.6
    Defacto Relationship 188 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2334 92.7
    Papua New Guinea 40 1.6
    Philippines 16 0.6
    United Kingdom 76 3.0
    Other 17 0.7
    Others 34 1.4
    Country of Birth
    Census Count Percent(%)
    Christianity 1797 74.7
    No Religion 588 24.4
    Other Religious Groups 10 0.4
    Buddhism 8 0.3
    Australian Aboriginal Traditional Religions 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 104 11.9
    $400-$599 131 15.0
    $600-$799 147 16.8
    $800-$999 104 11.9
    $1,000-$1,249 91 10.4
    Others 299 34.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 934 48.1
    Employed, worked full-time 547 28.2
    Employed, worked part-time 284 14.6
    Unemployed, looking for work 110 5.7
    Employed, away from work 65 3.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 152 16.9
    Clerical & administrative workers 137 15.3
    Sales 112 12.5
    Machinery operators & drivers 100 11.1
    Labourers 131 14.6
    Others 266 29.6
    Occupation
    Census Count Percent(%)
    Pre-school 24 4.2
    Infants/Primary 265 46.7
    Secondary 175 30.8
    Technical or Further Educational Institution 47 8.3
    University or other Tertiary Institutions 41 7.2
    Others 16 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2270 93.0
    Flat, unit or apartment 126 5.2
    Semi-detached, row or terrace house, townhouse 24 1.0
    House or flat attached to a shop, office 15 0.6
    Caravan, cabin, houseboat 7 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 366 38.3
    Rented 299 31.3
    Being purchased 288 30.1
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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