Suburb Profile Report for Koongal QLD (4701)

Koongal House: Median price $230,000, Annual capital growth -0.98%, Number of sales 45, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

Koongal is in the bottom 20% in QLD when comparing median price capital growth over the last year. Koongal gave property investors a dismal capital gain figure when compared to the rest of the state, with -4.17%.

While Koongal,4701 ranked number 698th in QLD for increase in median house value (annualised) increase, it is ranked 667th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Koongal is offering property investors an average of -6.98. This rate of discount on properties puts Suburb at number 174th in terms of most discounted suburbs in QLD

Advertised rents are around the $250 mark per week – giving a return of 5.65% based on the median price in Suburb

Metrics i HOUSE UNIT
$230,000 N/A
-2.13% N/A
-4.17% N/A
-0.98% N/A
$250 N/A
45 N/A
5.65% N/A
78.86 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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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