Suburb Profile Report for Torbanlea QLD (4662)

Torbanlea House: Median price $280,000, Annual capital growth 5.70%, Number of sales 13, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Torbanlea has done 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 -5.08%

Our latest figures would indicate that property sellers in Torbanlea are currently offering property investors an average price cut of -5.00% below the asking price at the moment.

Metrics i HOUSE UNIT
$280,000 N/A
-4.44% N/A
-5.08% N/A
5.70% N/A
N/A N/A
13 N/A
N/A N/A
151.15 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (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