Suburb Profile Report for Garbutt QLD (4814)

Garbutt House: Median price $262,500, Annual capital growth 1.25%, Number of sales 29, Weekly median advertised rent $280

Garbutt Unit: Median price $175,000, Annual capital growth 1.41%, Number of sales 15, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report
  • Unit Report

Garbutt, 4814 ranked 377th in QLD when comparing growth in median property values or capital gain over the last 12 months. Garbutt is one of 2415 in our list for QLD

A 2.94% growth in median value for property investors in Garbutt,4814 puts this suburb at number 412th in terms of best performing suburbs in QLD

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 Garbutt, 4814. Typically our figures indicate that -10.51% is being offered, which puts this QLD suburb at 295th most discounted overall in Australia.

Often selling an investment property can take time, and in Garbutt the average time real estate has been on the market is 111.45 days.

With the median price for a house in Garbutt being $262500 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 5.55%

QLD has seen average median house prices change by 0.48% which means that Garbutt, 4814 has done well for property investors by showing a capital gain of -27.84% over the last year

While Garbutt,4814 ranked number 351th in QLD for increase in median house value (annualised) increase, it is ranked 284th over the last 5 years.

Property investors should expect to get $250 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$262,500 $175,000
0.57% -12.50%
4.17% -27.84%
1.25% 1.41%
$280 $250
29 15
5.55% 7.43%
111.45 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (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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