Suburb Profile Report for Garbutt QLD (4814)

Garbutt House: Median price $250,000, Annual capital growth 0.92%, Number of sales 22, Weekly median advertised rent $280

Garbutt Unit: Median price $205,000, Annual capital growth 1.67%, Number of sales 18, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Garbutt have tracked lower than the QLD average of 1.88% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Garbutt comes in at number 776th in QLD.

Garbutt4814 is located in QLD which offers an average discount of -7.31% to property investors. Garbutt itself is showing figures that indicate -10.46% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Garbutt have been waiting around 127.9 days to sell a property.

A $280 per week rent on the median house gives suburb investors a gross yield of circa 5.82%, without taking into account capital value appreciation, which has been averaging out at 0.92%.

With a capital gain of -30.51% for the last 12 months, Garbutt, 4814 has performed for property investments than its average annual 1.67% property growth over the last 5 years.

Garbutt,4814 was ranked 1512 in Australia by increase in median property value over the quarter.

A $250 per week rent on the median house gives suburb investors a gross yield of circa 6.34%, without taking into account capital value appreciation, which has been averaging out at 1.67%.

HOUSE UNIT
$250,000 $205,000
-0.79% -4.65%
-8.26% -30.51%
0.92% 1.67%
$280 $250
22 18
5.82% 6.34%
127.9 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
Find a mortgage broker in Garbutt QLD
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
Chart Table
Recent sales & rentals