Suburb Profile Report for Bundaberg East QLD (4670)

Bundaberg East House: Median price $315,000, Annual capital growth 3.09%, Number of sales 31, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report

Bundaberg East is in the TOP 10% in QLD when comparing median price capital growth over the last year. Bundaberg East gave property investors a very good capital gain figure when compared to the rest of the state, with 18.87%.

Taking the average capital gain, or increase in median house value, Bundaberg East,4670 has racked up an average of 18.87% over the period. This ranks it number 2784th in the whole country for real estate investors looking at median house price increases.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.98% offered to property buyers. Sellers in Bundaberg East itself are offering an average vendor discount of -5.20% to real estate investors.

At number 1868 in a list of fastest selling suburbs, Bundaberg East is just in the top half of suburbs in Australia with an average of days on market 76.44 for properties listed there.

Using the current median advertised rental of $280 and the average annual increase in value of a median property of 3.09%, investors should hope to achieve an overall return of 4.62%

Metrics i HOUSE UNIT
$315,000 N/A
9.95% N/A
18.87% N/A
3.09% N/A
$280 N/A
31 N/A
4.62% N/A
76.44 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 2810
Median household income ($/weekly) 874
Median age of persons 37
Median housing loan repayment ($/monthly) 1442
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 439 15.6
    25-34 years 348 12.4
    35-44 years 327 11.6
    45-54 years 357 12.7
    55-64 years 347 12.4
    Others 991 35.3
    Age Group
    Census Count Percent(%)
    Registered Married 923 48.1
    Not Married 834 43.5
    Defacto Relationship 162 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2323 89.2
    Papua New Guinea 71 2.7
    Philippines 15 0.6
    United Kingdom 86 3.3
    Other 39 1.5
    Others 69 2.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 0.5
    Christianity 1904 76.5
    Islam 7 0.3
    Other Religious Groups 12 0.5
    No Religion 551 22.1
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 102 10.6
    $400-$599 167 17.3
    $600-$799 110 11.4
    $800-$999 97 10.0
    $1,500-$1,999 100 10.4
    Others 390 40.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 797 39.9
    Employed, worked full-time 679 34.0
    Employed, worked part-time 359 18.0
    Unemployed, looking for work 106 5.3
    Employed, away from work 59 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 157 14.3
    Technicians & trades workers 179 16.3
    Community & personal service workers 112 10.2
    Clerical & administrative workers 142 12.9
    Labourers 184 16.8
    Others 323 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 43 7.1
    Infants/Primary 316 52.1
    Secondary 137 22.6
    Technical or Further Educational Institution 50 8.3
    University or other Tertiary Institutions 50 8.3
    Others 10 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2224 86.6
    Semi-detached, row or terrace house, townhouse 176 6.9
    Flat, unit or apartment 104 4.0
    Caravan, cabin, houseboat 45 1.8
    House or flat attached to a shop, office 19 0.7
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 390 38.1
    Fully owned 319 31.2
    Being purchased 307 30.0
    Other tenure type 8 0.8
    Tenure Type
Census 2011, ABS
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Recent sales & rentals