Suburb Profile Report for Bargara QLD (4670)

Bargara House: Median price $371,000, Annual capital growth 1.62%, Number of sales 142, Weekly median advertised rent $320

Bargara Unit: Median price $350,000, Annual capital growth -1.27%, Number of sales 47, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -3.29% for the last 12 months, Bargara, 4670 has performed for property investments than its average annual 1.62% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Bargara,4670 has racked up an average of -3.29% over the period. This ranks it number 3321th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Bargara is $371000, with sellers offering an average of -5.73% off the asking price.

Bargara, 4670’s gross rental yield is 4.49%

Property investors who have had real estate in Bargara, 4670 should be pleased 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 14.85%

Across a shorter period, Bargara, 4670 has seen a median price increase of 7.69% over the last quarter.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.15% offered to property buyers. Sellers in Bargara itself are offering an average vendor discount of -6.80% to real estate investors.

With the median price for a house in Bargara being $350000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.20%

Metrics i HOUSE UNIT
$371,000 $350,000
-0.27% 7.69%
-3.29% 14.85%
1.62% -1.27%
$320 $350
142 47
4.49% 5.20%
85.62 130.05

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 6893
Median household income ($/weekly) 918
Median age of persons 45
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 897 13.0
    35-44 years 865 12.5
    45-54 years 906 13.1
    55-64 years 1050 15.2
    65-74 years 963 14.0
    Others 2212 32.1
    Age Group
    Census Count Percent(%)
    Registered Married 2890 59.0
    Not Married 1570 32.0
    Defacto Relationship 441 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 5287 80.8
    Papua New Guinea 191 2.9
    South Africa 91 1.4
    United Kingdom 576 8.8
    Other 111 1.7
    Others 289 4.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 46 0.7
    Christianity 4796 76.4
    Hinduism 13 0.2
    Islam 14 0.2
    No Religion 1388 22.1
    Others 18 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 383 16.1
    $600-$799 312 13.1
    $800-$999 262 11.0
    $1,000-$1,249 223 9.4
    $1,500-$1,999 216 9.1
    Others 980 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2502 47.5
    Employed, worked full-time 1588 30.1
    Employed, worked part-time 822 15.6
    Unemployed, looking for work 228 4.3
    Employed, away from work 131 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 326 12.8
    Professionals 644 25.3
    Technicians & trades workers 342 13.5
    Community & personal service workers 270 10.6
    Clerical & administrative workers 336 13.2
    Others 623 24.5
    Occupation
    Census Count Percent(%)
    Pre-school 67 5.0
    Infants/Primary 589 43.6
    Secondary 405 30.0
    Technical or Further Educational Institution 101 7.5
    University or other Tertiary Institutions 156 11.6
    Others 32 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5311 84.2
    Semi-detached, row or terrace house, townhouse 513 8.1
    Flat, unit or apartment 387 6.1
    Caravan, cabin, houseboat 90 1.4
    House or flat attached to a shop, office 8 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 992 38.0
    Rented 885 33.9
    Being purchased 623 23.9
    Other tenure type 109 4.2
    Tenure Type
Census 2011, ABS
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