Suburb Profile Report for Andergrove QLD (4740)

Andergrove House: Median price $295,000, Annual capital growth -2.04%, Number of sales 103, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

Investment property in Andergrove has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.35%

While Andergrove,4740 ranked number 685th in QLD for increase in median house value (annualised) increase, it is ranked 709th over the last 5 years.

Our latest figures would indicate that property sellers in Andergrove are currently offering property investors an average price cut of -13.09% below the asking price at the moment.

Property investors should expect to get $300 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$295,000 N/A
-1.67% N/A
-6.35% N/A
-2.04% N/A
$300 N/A
103 N/A
5.29% N/A
98.92 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Above average (U)
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Demographics
Total population 9372
Median household income ($/weekly) 1627
Median age of persons 32
Median housing loan repayment ($/monthly) 2011
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1427 15.2
    25-34 years 1436 15.3
    35-44 years 1375 14.7
    45-54 years 1359 14.5
    55-64 years 913 9.7
    Others 2863 30.5
    Age Group
    Census Count Percent(%)
    Registered Married 3058 48.2
    Not Married 2445 38.6
    Defacto Relationship 839 13.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 7793 88.6
    Papua New Guinea 260 3.0
    South Africa 115 1.3
    United Kingdom 243 2.8
    Other 152 1.7
    Others 229 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 67 0.8
    Christianity 6345 74.7
    Islam 25 0.3
    Other Religious Groups 35 0.4
    No Religion 2008 23.6
    Others 18 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 229 8.7
    $1,250-$1,499 231 8.7
    $1,500-$1,999 378 14.3
    $2,000-$2,499 339 12.8
    $2,500-$2,999 306 11.6
    Others 1164 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3356 49.7
    Not in the labour force 1692 25.1
    Employed, worked part-time 1163 17.2
    Employed, away from work 333 4.9
    Unemployed, looking for work 207 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 593 12.2
    Technicians & trades workers 1098 22.6
    Clerical & administrative workers 697 14.4
    Machinery operators & drivers 636 13.1
    Labourers 530 10.9
    Others 1300 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 67 3.3
    Infants/Primary 919 45.2
    Secondary 683 33.6
    Technical or Further Educational Institution 173 8.5
    University or other Tertiary Institutions 150 7.4
    Others 42 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7702 90.2
    Flat, unit or apartment 494 5.8
    Semi-detached, row or terrace house, townhouse 182 2.1
    Caravan, cabin, houseboat 155 1.8
    House or flat attached to a shop, office 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1291 42.3
    Rented 1006 33.0
    Fully owned 740 24.3
    Other tenure type 13 0.4
    Tenure Type
Census 2011, ABS
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