Suburb Profile Report for Garbutt QLD (4814)

Garbutt House: Median price $260,000, Annual capital growth 0.39%, Number of sales 29, Weekly median advertised rent $280

Garbutt Unit: Median price $207,500, Annual capital growth 4.48%, Number of sales 16, Weekly median advertised rent $245

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2579th in the list of Australian suburbs ordered by increase in median house value over the last year, Garbutt, 4814 is in the BOTTOM 40% with a property value increase of 3.38% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Garbutt,4814 has racked up an average of 3.38% over the period. This ranks it number 3856th in the whole country for real estate investors looking at median house price increases.

At number 287th of QLD’s most discounted properties, Garbutt is in the bottom 40% of the state/territory when listing in order of most discounted to least.

At number 2945 in a list of fastest selling suburbs, Garbutt is in the bottom 30% of suburbs in Australia with an average of days on market 105.79 for properties listed there.

Advertised rents are around the $280 mark per week – giving a return of 5.60% based on the median price in Suburb

If you compare the increase in value of investment property in Garbutt, 4814 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -14.43%.

The five-year average increase in median property values for Garbutt,4814 has given property investors a potential capital gain of 4.40% across each of those five years.

Using the current median advertised rental of $245 and the average annual increase in value of a median property of 4.48%, investors should hope to achieve an overall return of 6.14%

Metrics i HOUSE UNIT
$260,000 $207,500
-3.70% 3.75%
3.38% -14.43%
0.39% 4.48%
$280 $245
29 16
5.60% 6.14%
105.79 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 2482
Median household income ($/weekly) 797
Median age of persons 36
Median housing loan repayment ($/monthly) 1610
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 321 12.9
    25-34 years 334 13.5
    35-44 years 301 12.1
    45-54 years 293 11.8
    55-64 years 305 12.3
    Others 929 37.4
    Age Group
    Census Count Percent(%)
    Not Married 992 59.4
    Registered Married 471 28.2
    Defacto Relationship 208 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1922 87.1
    Papua New Guinea 64 2.9
    Philippines 32 1.4
    United Kingdom 61 2.8
    Other 63 2.9
    Others 65 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 1581 74.8
    No Religion 501 23.7
    Buddhism 21 1.0
    Other Religious Groups 8 0.4
    Hinduism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 86 10.3
    $300-$399 114 13.7
    $400-$599 103 12.4
    $600-$799 91 10.9
    $1,000-$1,249 88 10.6
    Others 350 42.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 733 40.9
    Employed, worked full-time 666 37.1
    Employed, worked part-time 270 15.1
    Unemployed, looking for work 64 3.6
    Employed, away from work 61 3.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 171 17.1
    Community & personal service workers 144 14.4
    Clerical & administrative workers 125 12.5
    Machinery operators & drivers 123 12.3
    Labourers 164 16.4
    Others 273 27.3
    Occupation
    Census Count Percent(%)
    Pre-school 16 3.6
    Infants/Primary 180 40.8
    Secondary 126 28.6
    Technical or Further Educational Institution 40 9.1
    University or other Tertiary Institutions 66 15.0
    Others 13 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1570 72.4
    Flat, unit or apartment 480 22.1
    Semi-detached, row or terrace house, townhouse 77 3.6
    Caravan, cabin, houseboat 28 1.3
    House or flat attached to a shop, office 14 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 560 60.3
    Being purchased 191 20.6
    Fully owned 175 18.8
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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