Suburb Profile Report for Urangan QLD (4655)

Urangan House: Median price $325,000, Annual capital growth 1.20%, Number of sales 217, Weekly median advertised rent $320

Urangan Unit: Median price $248,000, Annual capital growth -2.23%, Number of sales 88, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.51% which means that Urangan, 4655 has done well for property investors by showing a capital gain of 3.59% over the last year

Urangan,4655 has offered an average of 3.59% return per annum in house price rises to property investors over the last three years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.21% offered to property buyers. Sellers in Urangan itself are offering an average vendor discount of -6.50% to real estate investors.

Often selling an investment property can take time, and in Urangan the average time real estate has been on the market is 106.53 days.

Urangan is 220th on a list of best yielding suburbs for rents in QLD with a 5.12% return

Urangan has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -4.62% to date .

The five-year average increase in median property values for Urangan,4655 has given property investors a potential capital gain of -11.87% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Urangan, 4655. Typically our figures indicate that -7.11% is being offered, which puts this QLD suburb at 257th most discounted overall in Australia.

A $320 per week rent on the median house gives suburb investors a gross yield of circa 6.71%, without taking into account capital value appreciation, which has been averaging out at -2.23%.

Metrics i HOUSE UNIT
$325,000 $248,000
0.93% -2.75%
3.59% -4.62%
1.20% -2.23%
$320 $320
217 88
5.12% 6.71%
106.53 104.4

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 9168
Median household income ($/weekly) 713
Median age of persons 46
Median housing loan repayment ($/monthly) 1517
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1077 11.7
    35-44 years 1059 11.6
    45-54 years 1242 13.5
    55-64 years 1398 15.2
    65-74 years 1321 14.4
    Others 3071 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 3280 48.3
    Not Married 2813 41.4
    Defacto Relationship 702 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 7140 81.7
    Greece 80 0.9
    Papua New Guinea 362 4.1
    United Kingdom 630 7.2
    Other 175 2.0
    Others 352 4.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 97 1.2
    Christianity 6035 72.6
    Islam 9 0.1
    Other Religious Groups 41 0.5
    No Religion 2128 25.6
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 406 12.2
    $400-$599 725 21.7
    $600-$799 506 15.2
    $800-$999 373 11.2
    $1,000-$1,249 275 8.2
    Others 1053 31.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3825 53.0
    Employed, worked full-time 1609 22.3
    Employed, worked part-time 1122 15.5
    Unemployed, looking for work 426 5.9
    Employed, away from work 240 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 444 14.9
    Technicians & trades workers 445 15.0
    Community & personal service workers 432 14.5
    Clerical & administrative workers 338 11.4
    Labourers 436 14.7
    Others 876 29.5
    Occupation
    Census Count Percent(%)
    Pre-school 93 5.6
    Infants/Primary 650 39.3
    Secondary 545 32.9
    Technical or Further Educational Institution 164 9.9
    University or other Tertiary Institutions 153 9.2
    Others 50 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7151 83.4
    Semi-detached, row or terrace house, townhouse 537 6.3
    Flat, unit or apartment 728 8.5
    Caravan, cabin, houseboat 150 1.7
    House or flat attached to a shop, office 7 0.1
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1458 39.9
    Fully owned 1403 38.4
    Being purchased 766 21.0
    Other tenure type 25 0.7
    Tenure Type
Census 2011, ABS
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