Suburb Profile Report for Kamerunga QLD (4870)

Kamerunga House: Median price $482,500, Annual capital growth 6.94%, Number of sales 12, Weekly median advertised rent $408

Kamerunga Unit: Median price $322,500, Annual capital growth 10.47%, Number of sales 22, Weekly median advertised rent $415

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Kamerunga, 4870 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.21%

Vendor discounting in Kamerunga is giving property investors an average Vendor Discount of around -5.09%. This puts suburb at number 622th in QLD when ranking the most discounted suburbs.

Residents and property investors in Kamerunga have been waiting around 59.16 days to sell a property.

If you compare the increase in value of investment property in Kamerunga, 4870 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 21.58%.

While Kamerunga,4870 ranked number 3rd in QLD for increase in median house value (annualised) increase, it is ranked 302th over the last 5 years.

Kamerunga, 4870 is offering QLD ‘s 88th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this QLD.

A $415 per week rent on the median house gives suburb investors a gross yield of circa 6.69%, without taking into account capital value appreciation, which has been averaging out at 10.47%.

HOUSE UNIT
$482,500 $322,500
-1.53% 24.04%
12.21% 21.58%
6.94% 10.47%
$408 $415
12 22
4.39% 6.69%
59.16 101.45

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (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
Chart Table
Recent sales & rentals