Suburb Profile Report for Bundaberg South QLD (4670)

Bundaberg South House: Median price $235,000, Annual capital growth 1.91%, Number of sales 42, Weekly median advertised rent $280

Bundaberg South Unit: Median price $218,000, Annual capital growth 3.18%, Number of sales 13, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Bundaberg South, 4670 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.00%

Comparing Bundaberg South,4670 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for Bundaberg South is $235000, with sellers offering an average of -10.02% off the asking price.

With the median price for a house in Bundaberg South being $235000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 6.20%

Property investors who have had real estate in Bundaberg South, 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 14.44%

Taking the average capital gain, or increase in median house value, Bundaberg South,4670 has racked up an average of 14.44% over the period. This ranks it number 1614th in the whole country for real estate investors looking at median house price increases.

A $250 per week rent on the median house gives suburb investors a gross yield of circa 5.96%, without taking into account capital value appreciation, which has been averaging out at 3.18%.

HOUSE UNIT
$235,000 $218,000
-3.69% N/A
-6.00% 14.44%
1.91% 3.18%
$280 $250
42 13
6.20% 5.96%
92.07 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
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Demographics
Total population 3424
Median household income ($/weekly) 695
Median age of persons 36
Median housing loan repayment ($/monthly) 1300
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 420 12.3
    25-34 years 442 12.9
    35-44 years 421 12.3
    45-54 years 451 13.2
    55-64 years 346 10.1
    Others 1345 39.3
    Age Group
    Census Count Percent(%)
    Not Married 1404 56.0
    Registered Married 843 33.6
    Defacto Relationship 261 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2712 86.0
    Papua New Guinea 65 2.1
    Philippines 28 0.9
    United Kingdom 127 4.0
    Other 69 2.2
    Others 153 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 34 1.1
    Christianity 2043 68.4
    Hinduism 31 1.0
    Islam 33 1.1
    No Religion 816 27.3
    Others 29 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 174 14.1
    $400-$599 222 18.0
    $600-$799 163 13.2
    $800-$999 110 8.9
    $1,000-$1,249 109 8.8
    Others 456 37.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1134 44.4
    Employed, worked full-time 712 27.9
    Employed, worked part-time 416 16.3
    Unemployed, looking for work 210 8.2
    Employed, away from work 82 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 165 13.6
    Technicians & trades workers 161 13.3
    Community & personal service workers 145 11.9
    Clerical & administrative workers 136 11.2
    Labourers 258 21.2
    Others 350 28.8
    Occupation
    Census Count Percent(%)
    Pre-school 43 6.4
    Infants/Primary 258 38.3
    Secondary 192 28.5
    Technical or Further Educational Institution 75 11.1
    University or other Tertiary Institutions 77 11.4
    Others 28 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2403 74.7
    Flat, unit or apartment 766 23.8
    Semi-detached, row or terrace house, townhouse 47 1.5
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 751 55.7
    Fully owned 318 23.6
    Being purchased 269 20.0
    Other tenure type 10 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals