Suburb Profile Report for Burnett Heads QLD (4670)

Burnett Heads House: Median price $270,000, Annual capital growth 0.50%, Number of sales 48, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report

Burnett Heads is in the bottom 30% in QLD when comparing median price capital growth over the last year. Burnett Heads gave property investors a disappointing capital gain figure when compared to the rest of the state, with -3.40%.

If we look at median property appreciation over just the last three months, Burnett Heads has given property investors a paper return of -3.23%. This puts Suburb as 746 on a list of fastest fasting appreciating suburbs in QLD

Our latest figures would indicate that property sellers in Burnett Heads are currently offering property investors an average price cut of -7.08% below the asking price at the moment.

A $280 per week rent on the median house gives suburb investors a gross yield of circa 5.39%, without taking into account capital value appreciation, which has been averaging out at 0.50%.

Metrics i HOUSE UNIT
$270,000 N/A
-3.23% N/A
-3.40% N/A
0.50% N/A
$280 N/A
48 N/A
5.39% N/A
115.41 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2631
Median household income ($/weekly) 755
Median age of persons 48
Median housing loan repayment ($/monthly) 1354
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 328 12.5
    35-44 years 271 10.3
    45-54 years 456 17.3
    55-64 years 518 19.7
    65-74 years 351 13.3
    Others 706 26.8
    Age Group
    Census Count Percent(%)
    Registered Married 998 52.0
    Not Married 718 37.4
    Defacto Relationship 205 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2080 85.0
    Greece 33 1.3
    Papua New Guinea 65 2.7
    United Kingdom 149 6.1
    Other 28 1.1
    Others 92 3.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 12 0.5
    Christianity 1714 74.1
    Hinduism 6 0.3
    Other Religious Groups 9 0.4
    No Religion 570 24.6
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 97 10.6
    $400-$599 206 22.6
    $600-$799 101 11.1
    $800-$999 104 11.4
    $1,000-$1,249 87 9.5
    Others 317 34.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1001 48.9
    Employed, worked full-time 530 25.9
    Employed, worked part-time 304 14.9
    Unemployed, looking for work 135 6.6
    Employed, away from work 77 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 129 14.2
    Technicians & trades workers 130 14.3
    Community & personal service workers 103 11.3
    Clerical & administrative workers 100 11.0
    Labourers 173 19.0
    Others 276 30.3
    Occupation
    Census Count Percent(%)
    Pre-school 20 4.2
    Infants/Primary 194 40.8
    Secondary 161 33.8
    Technical or Further Educational Institution 41 8.6
    University or other Tertiary Institutions 45 9.5
    Others 15 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2292 95.1
    Caravan, cabin, houseboat 107 4.4
    Semi-detached, row or terrace house, townhouse 10 0.4
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 404 40.2
    Being purchased 324 32.3
    Rented 273 27.2
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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