Suburb Profile Report for Bundaberg North QLD (4670)

Bundaberg North House: Median price $220,000, Annual capital growth -0.35%, Number of sales 57, Weekly median advertised rent $280

Bundaberg North Unit: Median price $232,500, Annual capital growth 2.15%, Number of sales 18, Weekly median advertised rent $270

  • 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 2.81% which means that Bundaberg North, 4670 has done well for property investors by showing a capital gain of 1.62% over the last year

Bundaberg North,4670 was ranked 752 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Bundaberg North should be aiming for at least -6.08% off the asking price, which is the average vendor discount being achieved at the moment.

With a capital gain of 10.71% for the last 12 months, Bundaberg North, 4670 has performed for property investments than its average annual 2.15% property growth over the last 5 years.

A 13.83% growth in median value for property investors in Bundaberg North,4670 puts this suburb at number 14th in terms of best performing suburbs in QLD

With the median price for a house in Bundaberg North being $232500 and the advertised rent reaching $270 the gross rental yield for property investors calculates out to be 6.04%

Metrics i HOUSE UNIT
$220,000 $232,500
4.76% 9.93%
1.62% 10.71%
-0.35% 2.15%
$280 $270
57 18
6.62% 6.04%
67.96 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 5483
Median household income ($/weekly) 736
Median age of persons 45
Median housing loan repayment ($/monthly) 1311
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 670 12.2
    25-34 years 535 9.8
    45-54 years 689 12.6
    55-64 years 666 12.1
    65-74 years 723 13.2
    Others 2201 40.1
    Age Group
    Census Count Percent(%)
    Registered Married 2012 50.5
    Not Married 1632 41.0
    Defacto Relationship 339 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4462 87.4
    Papua New Guinea 95 1.9
    Philippines 41 0.8
    United Kingdom 234 4.6
    Other 84 1.6
    Others 187 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 63 1.3
    Christianity 3725 76.0
    Islam 29 0.6
    Other Religious Groups 14 0.3
    No Religion 1064 21.7
    Others 5 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 235 12.5
    $400-$599 372 19.7
    $600-$799 266 14.1
    $800-$999 210 11.1
    $1,500-$1,999 164 8.7
    Others 640 33.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2168 51.5
    Employed, worked full-time 1110 26.3
    Employed, worked part-time 592 14.1
    Unemployed, looking for work 194 4.6
    Employed, away from work 149 3.5
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 303 16.4
    Community & personal service workers 234 12.6
    Clerical & administrative workers 228 12.3
    Sales 213 11.5
    Labourers 311 16.8
    Others 561 30.3
    Occupation
    Census Count Percent(%)
    Pre-school 57 5.9
    Infants/Primary 395 41.1
    Secondary 328 34.2
    Technical or Further Educational Institution 69 7.2
    University or other Tertiary Institutions 85 8.9
    Others 26 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4120 82.4
    Semi-detached, row or terrace house, townhouse 519 10.4
    Flat, unit or apartment 317 6.3
    Caravan, cabin, houseboat 33 0.7
    House or flat attached to a shop, office 13 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 929 45.4
    Rented 596 29.1
    Being purchased 490 24.0
    Other tenure type 30 1.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals