Suburb Profile Report for Andergrove QLD (4740)

Andergrove House: Median price $310,000, Annual capital growth -1.50%, Number of sales 99, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

Property value increases in Andergrove have tracked just lower than the QLD average of 2.11% over the last 12 months.

Over the longer term, Andergrove has seen property prices show investors a -26.10% return over the last 3 years. This is an improvement over the last 12 months

Sellers are offering property buyers an average discount of -13.47% to buyers in Andergrove at the moment, which is less than average for the rest of QLD.

On average over the past year, suburb has had 8.25 sales per month, which equates to 99 per year.

With the median price for a house in Andergrove being $310000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 5.03%

HOUSE UNIT
$310,000 N/A
3.33% N/A
-1.59% N/A
-1.50% N/A
$300 N/A
99 N/A
5.03% N/A
97.93 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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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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Recent sales & rentals