Suburb Profile Report for Bungalow QLD (4870)

Bungalow House: Median price $327,000, Annual capital growth 2.39%, Number of sales 23, Weekly median advertised rent $350

Bungalow Unit: Median price $170,296, Annual capital growth 1.57%, Number of sales 50, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 3961th in the list of Australian suburbs ordered by increase in median house value over the last year, Bungalow, 4870 is in the BOTTOM 10% with a property value increase of -12.80% recorded in median house prices.

The five-year average increase in median property values for Bungalow,4870 has given property investors a potential capital gain of 21.22% across each of those five years.

Property buyers and investors in Bungalow 4870 should be seeing an average reduction in asking price of around -9.25% . This means that Bungalow is holding prices well when compared to other suburbs in QLD.

Situated 1385.49km from the CBD, Bungalow is one of Cairns localities in the postcode 4870.

Bungalow has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -6.69% to date .

If we look at median property appreciation over just the last three months, Bungalow has given property investors a paper return of -20.98%. This puts Suburb as 347 on a list of fastest fasting appreciating suburbs in QLD

Property buyers and investors in Bungalow 4870 should be seeing an average reduction in asking price of around -7.71% . This means that Bungalow is holding prices well when compared to other suburbs in QLD.

On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.

HOUSE UNIT
$327,000 $170,296
-8.53% -20.98%
-12.80% -6.69%
2.39% 1.57%
$350 $240
23 50
5.57% 7.33%
71.04 89.05

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 2164
Median household income ($/weekly) 758
Median age of persons 35
Median housing loan repayment ($/monthly) 1300
Average household size 1.9
  • Census Count Percent(%)
    20-24 years 211 9.8
    25-34 years 454 21.0
    35-44 years 304 14.0
    45-54 years 315 14.6
    55-64 years 253 11.7
    Others 627 29.0
    Age Group
    Census Count Percent(%)
    Not Married 964 62.8
    Registered Married 356 23.2
    Defacto Relationship 214 14.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1337 72.7
    Papua New Guinea 80 4.4
    Philippines 58 3.2
    United Kingdom 65 3.5
    Other 87 4.7
    Others 211 11.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 68 4.0
    Christianity 1068 62.3
    Hinduism 11 0.6
    Other Religious Groups 16 0.9
    No Religion 543 31.7
    Others 9 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 114 13.5
    $400-$599 113 13.4
    $600-$799 131 15.5
    $800-$999 98 11.6
    $1,500-$1,999 81 9.6
    Others 309 36.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 608 37.8
    Not in the labour force 539 33.5
    Employed, worked part-time 277 17.2
    Unemployed, looking for work 114 7.1
    Employed, away from work 69 4.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 114 12.0
    Technicians & trades workers 180 18.9
    Community & personal service workers 146 15.3
    Clerical & administrative workers 112 11.8
    Labourers 113 11.9
    Others 288 30.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 70 24.0
    Secondary 59 20.2
    Technical or Further Educational Institution 79 27.1
    University or other Tertiary Institutions 49 16.8
    Other type of educational institution 24 8.2
    Others 11 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 907 49.2
    Flat, unit or apartment 572 31.0
    Semi-detached, row or terrace house, townhouse 322 17.5
    House or flat attached to a shop, office 42 2.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 569 62.5
    Being purchased 191 21.0
    Fully owned 144 15.8
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
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