Suburb Profile Report for Taranganba QLD (4703)

Taranganba House: Median price $360,000, Annual capital growth 1.50%, Number of sales 36, Weekly median advertised rent $340

  • 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 Taranganba, 4703 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -13.04%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Taranganba has fallen somewhat when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Taranganba are currently offering property investors an average price cut of -9.70% below the asking price at the moment.

In the last year 36 properties changed hands in Taranganba, which puts it as the 538th most active market in QLD when comparing the number of sales per suburb.

HOUSE UNIT
$360,000 N/A
-1.37% N/A
-13.04% N/A
1.50% N/A
$340 N/A
36 N/A
4.91% N/A
136.13 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
Chart Table
Recent sales & rentals