Suburb Profile Report for Cranbrook QLD (4814)

Cranbrook House: Median price $274,000, Annual capital growth 0.29%, Number of sales 60, Weekly median advertised rent $293

Cranbrook Unit: Median price $141,500, Annual capital growth -2.97%, Number of sales 10, Weekly median advertised rent $233

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Cranbrook 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 -4.70%

When looking at the potential capital gains offered to property investors over the last 3 years, Cranbrook comes in at number 749th in QLD.

Property buyers and investors in Cranbrook 4814 should be seeing an average reduction in asking price of around -11.01% . This means that Cranbrook is holding prices well when compared to other suburbs in QLD.

Cranbrook is in the bottom 10% in QLD when comparing median price capital growth over the last year. Cranbrook gave property investors a dismal capital gain figure when compared to the rest of the state, with -20.95%.

Taking the average capital gain, or increase in median house value, Cranbrook,4814 has racked up an average of -20.95% over the period. This ranks it number 1636th in the whole country for real estate investors looking at median house price increases.

Metrics i HOUSE UNIT
$274,000 $141,500
0.37% N/A
-4.70% -20.95%
0.29% -2.97%
$293 $233
60 10
5.55% 8.54%
115.89 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in Cranbrook QLD
Demographics
Total population 6146
Median household income ($/weekly) 1193
Median age of persons 36
Median housing loan repayment ($/monthly) 1668
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 828 13.5
    25-34 years 773 12.6
    35-44 years 774 12.6
    45-54 years 753 12.2
    55-64 years 660 10.7
    Others 2359 38.4
    Age Group
    Census Count Percent(%)
    Not Married 2021 45.9
    Registered Married 1953 44.4
    Defacto Relationship 425 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4825 84.6
    Papua New Guinea 123 2.2
    Philippines 129 2.3
    United Kingdom 196 3.4
    Other 154 2.7
    Others 278 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 96 1.8
    Christianity 4142 75.9
    Hinduism 31 0.6
    Other Religious Groups 25 0.5
    No Religion 1146 21.0
    Others 17 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 211 11.1
    $600-$799 177 9.3
    $1,000-$1,249 182 9.6
    $1,500-$1,999 273 14.4
    $2,000-$2,499 209 11.0
    Others 847 44.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1752 38.1
    Not in the labour force 1679 36.5
    Employed, worked part-time 835 18.2
    Employed, away from work 178 3.9
    Unemployed, looking for work 155 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 515 18.7
    Technicians & trades workers 478 17.3
    Community & personal service workers 318 11.5
    Clerical & administrative workers 361 13.1
    Labourers 306 11.1
    Others 782 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 49 3.4
    Infants/Primary 525 36.1
    Secondary 385 26.5
    Technical or Further Educational Institution 111 7.6
    University or other Tertiary Institutions 357 24.6
    Others 27 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4424 78.0
    Semi-detached, row or terrace house, townhouse 859 15.1
    Flat, unit or apartment 388 6.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 771 36.5
    Being purchased 680 32.2
    Rented 643 30.5
    Other tenure type 17 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals