Suburb Profile Report for Kamerunga QLD (4870)

Kamerunga House: Median price $412,500, Annual capital growth 4.73%, Number of sales 10, Weekly median advertised rent $435

Kamerunga Unit: Median price $332,500, Annual capital growth -3.79%, Number of sales 14, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Kamerunga is in the bottom 10% in QLD when comparing median price capital growth over the last year. Kamerunga gave property investors a dismal capital gain figure when compared to the rest of the state, with -11.76%.

Property investors should expect to get $435 weekly from the median priced house in this suburb.

Over the last year, property investments in Kamerunga, 4870 have given investors a capital gain of -28.88%. This compares very badly with the 0.74% for QLD as a whole.

If we look at median property appreciation over just the last three months, Kamerunga has given property investors a paper return of -11.63%. This puts Suburb as 354 on a list of fastest fasting appreciating suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Kamerunga is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 212th in terms of most discounted suburbs in QLD

Often selling an investment property can take time, and in Kamerunga the average time real estate has been on the market is 98.16 days.

A $400 per week rent on the median house gives suburb investors a gross yield of circa 6.26%, without taking into account capital value appreciation, which has been averaging out at -3.79%.

Metrics i HOUSE UNIT
$412,500 $332,500
N/A -11.63%
-11.76% -28.88%
4.73% -3.79%
$435 $400
10 14
5.48% 6.26%
N/A 98.16

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 926
Median household income ($/weekly) 1542
Median age of persons 38
Median housing loan repayment ($/monthly) 1820
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 135 14.6
    25-34 years 104 11.2
    35-44 years 165 17.8
    45-54 years 167 18.0
    55-64 years 108 11.7
    Others 248 26.8
    Age Group
    Census Count Percent(%)
    Registered Married 307 48.7
    Not Married 236 37.5
    Defacto Relationship 87 13.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 683 77.4
    Papua New Guinea 32 3.6
    South Africa 11 1.2
    United Kingdom 66 7.5
    Other 34 3.9
    Others 56 6.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 9 1.1
    Christianity 511 61.4
    Islam 6 0.7
    Other Religious Groups 7 0.8
    No Religion 296 35.6
    Others 3 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 26 9.6
    $1,250-$1,499 30 11.1
    $1,500-$1,999 60 22.2
    $2,000-$2,499 32 11.9
    $2,500-$2,999 24 8.9
    Others 98 36.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 321 47.0
    Employed, worked part-time 167 24.5
    Not in the labour force 143 20.9
    Unemployed, looking for work 29 4.2
    Employed, away from work 23 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 61 11.9
    Professionals 110 21.4
    Technicians & trades workers 79 15.4
    Community & personal service workers 72 14.0
    Clerical & administrative workers 83 16.2
    Others 108 21.1
    Occupation
    Census Count Percent(%)
    Pre-school 17 6.7
    Infants/Primary 80 31.5
    Secondary 99 39.0
    Technical or Further Educational Institution 20 7.9
    University or other Tertiary Institutions 32 12.6
    Others 6 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 763 89.9
    Flat, unit or apartment 81 9.5
    Semi-detached, row or terrace house, townhouse 5 0.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 145 46.6
    Rented 84 27.0
    Fully owned 74 23.8
    Other tenure type 8 2.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals