Suburb Profile Report for Bundaberg South QLD (4670)

Bundaberg South House: Median price $249,000, Annual capital growth 3.15%, Number of sales 46, Weekly median advertised rent $280

Bundaberg South Unit: Median price $218,000, Annual capital growth -0.06%, 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 value increases in Bundaberg South have tracked just higher than the QLD average of 2.22% over the last 12 months.

Across a shorter period, Bundaberg South, 4670 has seen a median price increase of -1.78% over the last quarter.

Bundaberg South, 4670 is offering QLD ‘s 139th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.

Using the current median advertised rental of $280 and the average annual increase in value of a median property of 3.15%, investors should hope to achieve an overall return of 5.85%

Property value increases in Bundaberg South have tracked lower than the QLD average of 1.23% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Bundaberg South comes in at number 324th in QLD.

Advertised rents are around the $250 mark per week – giving a return of 5.96% based on the median price in Suburb

HOUSE UNIT
$249,000 $218,000
-1.78% -10.10%
5.96% -11.38%
3.15% -0.06%
$280 $250
46 13
5.85% 5.96%
94.58 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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