Suburb Profile Report for Taroomball QLD (4703)

Taroomball House: Median price $435,000, Annual capital growth -0.51%, Number of sales 13, Weekly median advertised rent $400

  • 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 Taroomball, 4703 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -1.14%.

If we look at median property appreciation over just the last three months, Taroomball has given property investors a paper return of 8.75%. This puts Suburb as 38 on a list of fastest fasting appreciating suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Taroomball is offering property investors an average of -6.86. This rate of discount on properties puts Suburb at number 122th in terms of most discounted suburbs in QLD

Often selling an investment property can take time, and in Taroomball the average time real estate has been on the market is 145 days.

Advertised rents are around the $400 mark per week – giving a return of 4.78% based on the median price in Suburb

Metrics i HOUSE UNIT
$435,000 N/A
8.75% N/A
-1.14% N/A
-0.51% N/A
$400 N/A
13 N/A
4.78% N/A
145 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 345
Median household income ($/weekly) 1843
Median age of persons 35
Median housing loan repayment ($/monthly) 2427
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 50 14.5
    25-34 years 49 14.2
    35-44 years 64 18.6
    45-54 years 48 13.9
    55-64 years 35 10.1
    Others 99 28.7
    Age Group
    Census Count Percent(%)
    Registered Married 122 56.0
    Not Married 65 29.8
    Defacto Relationship 31 14.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 279 85.6
    United Kingdom 20 6.1
    Papua New Guinea 18 5.5
    South Africa 6 1.8
    Germany 3 0.9
    Others 0 0.0
    Country of Birth
    Census Count Percent(%)
    Christianity 235 75.6
    No Religion 73 23.5
    Buddhism 3 1.0
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 9 9.5
    $1,250-$1,499 10 10.5
    $2,000-$2,499 17 17.9
    $2,500-$2,999 12 12.6
    $3,000-$3,499 11 11.6
    Others 36 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 117 47.0
    Employed, worked part-time 59 23.7
    Not in the labour force 53 21.3
    Employed, away from work 13 5.2
    Unemployed, looking for work 7 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 24 12.6
    Professionals 23 12.1
    Technicians & trades workers 28 14.7
    Community & personal service workers 29 15.3
    Labourers 24 12.6
    Others 62 32.6
    Occupation
    Census Count Percent(%)
    Pre-school 8 9.0
    Infants/Primary 33 37.1
    Secondary 29 32.6
    Technical or Further Educational Institution 11 12.4
    University or other Tertiary Institutions 5 5.6
    Others 3 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 305 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 59 52.2
    Rented 29 25.7
    Fully owned 25 22.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals