Suburb Profile Report for Taranganba QLD (4703)

Taranganba House: Median price $385,000, Annual capital growth 0.76%, Number of sales 33, Weekly median advertised rent $375

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

Source: CoreLogic

  • House Report

Property value increases in Taranganba have tracked just higher than the QLD average of 2.41% over the last 12 months.

The five-year average increase in median property values for Taranganba,4703 has given property investors a potential capital gain of 0.00% across each of those five years.

Property investors looking for a bargain in Taranganba should be aiming for at least -10.72% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Taranganba have been waiting around 150.18 days to sell a property.

With the median price for a house in Taranganba being $385000 and the advertised rent reaching $375 the gross rental yield for property investors calculates out to be 5.06%

Metrics i HOUSE UNIT
$385,000 N/A
2.67% N/A
5.48% N/A
0.76% N/A
$375 N/A
33 N/A
5.06% N/A
150.18 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