Suburb Profile Report for Taranganba QLD (4703)

Taranganba House: Median price $365,000, Annual capital growth 1.92%, Number of sales 34, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report

Property value increases in Taranganba have tracked lower than the QLD average of 2.22% over the last 12 months.

Taking the average capital gain, or increase in median house value, Taranganba,4703 has racked up an average of -11.84% over the period. This ranks it number 3551th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -9.50% to buyers in Taranganba at the moment, which is less than average for the rest of QLD.

Often selling an investment property can take time, and in Taranganba the average time real estate has been on the market is 123.71 days.

With the median price for a house in Taranganba being $365000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 4.84%

HOUSE UNIT
$365,000 N/A
N/A N/A
-11.84% N/A
1.92% N/A
$340 N/A
34 N/A
4.84% N/A
123.71 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Below average (H)
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Demographics
Total population 2429
Median household income ($/weekly) 1329
Median age of persons 36
Median housing loan repayment ($/monthly) 1950
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 394 16.2
    25-34 years 279 11.5
    35-44 years 345 14.2
    45-54 years 352 14.5
    55-64 years 292 12.0
    Others 768 31.6
    Age Group
    Census Count Percent(%)
    Registered Married 865 53.0
    Not Married 572 35.1
    Defacto Relationship 194 11.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2037 88.3
    Papua New Guinea 64 2.8
    South Africa 18 0.8
    United Kingdom 102 4.4
    Other 27 1.2
    Others 59 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 21 0.9
    Christianity 1663 74.6
    Hinduism 6 0.3
    Islam 6 0.3
    No Religion 526 23.6
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 78 11.0
    $600-$799 71 10.0
    $1,000-$1,249 65 9.1
    $1,500-$1,999 94 13.2
    $2,500-$2,999 85 11.9
    Others 319 44.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 708 40.2
    Not in the labour force 564 32.0
    Employed, worked part-time 356 20.2
    Employed, away from work 70 4.0
    Unemployed, looking for work 63 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 175 15.5
    Technicians & trades workers 183 16.2
    Clerical & administrative workers 154 13.6
    Sales 117 10.3
    Machinery operators & drivers 148 13.1
    Others 355 31.4
    Occupation
    Census Count Percent(%)
    Pre-school 19 3.5
    Infants/Primary 255 47.1
    Secondary 181 33.5
    Technical or Further Educational Institution 30 5.5
    University or other Tertiary Institutions 44 8.1
    Others 12 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2096 93.9
    Semi-detached, row or terrace house, townhouse 101 4.5
    Flat, unit or apartment 31 1.4
    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(%)
    Being purchased 324 39.4
    Rented 263 32.0
    Fully owned 235 28.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals