Suburb Profile Report for Torbanlea QLD (4662)

Torbanlea House: Median price $280,000, Annual capital growth 3.35%, Number of sales 15, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Property value increases in Torbanlea have tracked close to the QLD average of 1.98% over the last 12 months.

A 5.66% growth in median value for property investors in Torbanlea,4662 puts this suburb at number 845th in terms of best performing suburbs in QLD

Property investors looking for a bargain in Torbanlea should be aiming for at least -14.72% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Torbanlea the average time real estate has been on the market is 122.5 days.

HOUSE UNIT
$280,000 N/A
-17.28% N/A
1.82% N/A
3.35% N/A
N/A N/A
15 N/A
N/A N/A
122.5 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 871
Median household income ($/weekly) 653
Median age of persons 46
Median housing loan repayment ($/monthly) 1140
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 131 15.1
    35-44 years 102 11.7
    45-54 years 122 14.0
    55-64 years 147 16.9
    65-74 years 129 14.8
    Others 238 27.4
    Age Group
    Census Count Percent(%)
    Registered Married 288 47.1
    Not Married 255 41.7
    Defacto Relationship 68 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 708 86.4
    Papua New Guinea 28 3.4
    Philippines 11 1.3
    United Kingdom 40 4.9
    Other 18 2.2
    Others 14 1.7
    Country of Birth
    Census Count Percent(%)
    Christianity 530 69.6
    No Religion 215 28.3
    Other Religious Groups 12 1.6
    Buddhism 4 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 38 12.8
    $400-$599 77 25.9
    $600-$799 51 17.2
    $800-$999 25 8.4
    $1,000-$1,249 29 9.8
    Others 77 25.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 362 56.8
    Employed, worked full-time 141 22.1
    Employed, worked part-time 78 12.2
    Unemployed, looking for work 38 6.0
    Employed, away from work 18 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 23 9.7
    Technicians & trades workers 44 18.5
    Community & personal service workers 39 16.4
    Machinery operators & drivers 29 12.2
    Labourers 43 18.1
    Others 60 25.2
    Occupation
    Census Count Percent(%)
    Pre-school 9 5.6
    Infants/Primary 81 50.3
    Secondary 46 28.6
    Technical or Further Educational Institution 14 8.7
    University or other Tertiary Institutions 8 5.0
    Others 3 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 759 94.3
    Caravan, cabin, houseboat 33 4.1
    House or flat attached to a shop, office 8 1.0
    Flat, unit or apartment 5 0.6
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 154 48.3
    Being purchased 103 32.3
    Rented 62 19.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals