Suburb Profile Report for Oonoonba QLD (4811)

Oonoonba House: Median price $319,000, Annual capital growth 3.15%, Number of sales 19, Weekly median advertised rent $280

Oonoonba Unit: Median price $217,000, Annual capital growth N/A, Number of sales 11, Weekly median advertised rent $210

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

Source: CoreLogic

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.39% which means that Oonoonba, 4811 has done well for property investors by showing a capital gain of 40.53% over the last year

While Oonoonba,4811 ranked number 3rd in QLD for increase in median house value (annualised) increase, it is ranked 447th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Oonoonba, 4811. Typically our figures indicate that -14.08% is being offered, which puts this QLD suburb at 84th most discounted overall in Australia.

In the last year 19 properties changed hands in Oonoonba, which puts it as the 715th most active market in QLD when comparing the number of sales per suburb.

A $280 per week rent on the median house gives suburb investors a gross yield of circa 4.56%, without taking into account capital value appreciation, which has been averaging out at 3.15%.

Investment property in Oonoonba 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 -35.22%

Oonoonba,4811 was ranked 1715 in Australia by increase in median property value over the quarter.

Metrics i HOUSE UNIT
$319,000 $217,000
23.40% -33.23%
40.53% -35.22%
3.15% N/A
$280 $210
19 11
4.56% 5.03%
114.72 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 1154
Median household income ($/weekly) 1016
Median age of persons 41
Median housing loan repayment ($/monthly) 1517
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 142 12.3
    25-34 years 151 13.1
    35-44 years 164 14.2
    45-54 years 180 15.6
    55-64 years 142 12.3
    Others 375 32.5
    Age Group
    Census Count Percent(%)
    Not Married 395 48.5
    Registered Married 293 36.0
    Defacto Relationship 127 15.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 931 90.5
    Papua New Guinea 16 1.6
    United Kingdom 25 2.4
    United States of America 10 1.0
    Other 17 1.7
    Others 30 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 710 74.0
    No Religion 230 24.0
    Other Religious Groups 10 1.0
    Buddhism 9 0.9
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 49 12.6
    $600-$799 39 10.1
    $800-$999 40 10.3
    $1,000-$1,249 48 12.4
    $1,500-$1,999 49 12.6
    Others 163 42.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 326 39.1
    Not in the labour force 292 35.0
    Employed, worked part-time 142 17.0
    Employed, away from work 43 5.2
    Unemployed, looking for work 31 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 68 13.4
    Technicians & trades workers 79 15.6
    Community & personal service workers 63 12.4
    Clerical & administrative workers 64 12.6
    Labourers 93 18.3
    Others 141 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 10 4.9
    Infants/Primary 93 45.8
    Secondary 49 24.1
    Technical or Further Educational Institution 9 4.4
    University or other Tertiary Institutions 38 18.7
    Others 4 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 915 88.3
    Flat, unit or apartment 121 11.7
    Semi-detached, row or terrace house, townhouse 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(%)
    Rented 150 35.0
    Fully owned 149 34.7
    Being purchased 130 30.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals