Suburb Profile Report for Koongal QLD (4701)

Koongal House: Median price $238,250, Annual capital growth 2.18%, Number of sales 52, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Koongal, 4701 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 3.59%.

Koongal,4701 was ranked 2580 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Koongal is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 76th in terms of most discounted suburbs in QLD

At number 2787 in a list of fastest selling suburbs, Koongal is in the bottom 30% of suburbs in Australia with an average of days on market 104.82 for properties listed there.

Using the current median advertised rental of $260 and the average annual increase in value of a median property of 2.18%, investors should hope to achieve an overall return of 5.67%

HOUSE UNIT
$238,250 N/A
-0.31% N/A
3.59% N/A
2.18% N/A
$260 N/A
52 N/A
5.67% N/A
104.82 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Below average (H)
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Demographics
Total population 4727
Median household income ($/weekly) 1136
Median age of persons 31
Median housing loan repayment ($/monthly) 1517
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 722 15.3
    25-34 years 751 15.9
    35-44 years 625 13.2
    45-54 years 569 12.0
    55-64 years 479 10.1
    Others 1581 33.4
    Age Group
    Census Count Percent(%)
    Not Married 1406 43.8
    Registered Married 1393 43.4
    Defacto Relationship 409 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3880 87.5
    Papua New Guinea 60 1.4
    United Kingdom 62 1.4
    Viet Nam 185 4.2
    Other 110 2.5
    Others 135 3.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 120 2.8
    Christianity 3054 72.4
    Islam 28 0.7
    Other Religious Groups 19 0.5
    No Religion 985 23.3
    Others 14 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 178 12.6
    $800-$999 135 9.5
    $1,000-$1,249 148 10.4
    $1,500-$1,999 211 14.9
    $2,000-$2,499 148 10.4
    Others 597 42.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1482 43.7
    Not in the labour force 1062 31.3
    Employed, worked part-time 579 17.1
    Employed, away from work 147 4.3
    Unemployed, looking for work 122 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 248 11.2
    Technicians & trades workers 349 15.8
    Community & personal service workers 238 10.8
    Clerical & administrative workers 295 13.4
    Labourers 514 23.3
    Others 561 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 55 5.4
    Infants/Primary 452 44.1
    Secondary 274 26.7
    Technical or Further Educational Institution 108 10.5
    University or other Tertiary Institutions 108 10.5
    Others 28 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4033 92.4
    Flat, unit or apartment 325 7.4
    Semi-detached, row or terrace house, townhouse 7 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 593 37.7
    Being purchased 540 34.4
    Fully owned 431 27.4
    Other tenure type 8 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals