Suburb Profile Report for Kewarra Beach QLD (4879)

Kewarra Beach House: Median price $468,250, Annual capital growth 2.98%, Number of sales 108, Weekly median advertised rent $425

Kewarra Beach Unit: Median price $377,500, Annual capital growth -0.81%, Number of sales 28, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Kewarra Beach has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.03%

Over the longer term, Kewarra Beach has seen property prices show investors a 14.21% return over the last 3 years. This is worse than over the last 12 months

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 Kewarra Beach, 4879. Typically our figures indicate that -5.77% is being offered, which puts this QLD suburb at 1955th most discounted overall in Australia.

Residents and property investors in Kewarra Beach have been waiting around 80.45 days to sell a property.

Situated 1403.67km from the CBD, Kewarra Beach is one of Cairns localities in the postcode 4879.

QLD has seen average median house prices change by 0.65% which means that Kewarra Beach, 4879 has done well for property investors by showing a capital gain of -3.21% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Kewarra Beach has fallen somewhat when compared to the 5 year average annual rate.

Property buyers and investors in Kewarra Beach 4879 should be seeing an average reduction in asking price of around -5.68% . This means that Kewarra Beach is holding prices well when compared to other suburbs in QLD.

Property investors should expect to get $360 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$468,250 $377,500
4.06% -3.21%
7.03% -3.21%
2.98% -0.81%
$425 $360
108 28
4.72% 4.96%
80.45 114.33

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 5299
Median household income ($/weekly) 1389
Median age of persons 38
Median housing loan repayment ($/monthly) 1950
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 836 15.8
    25-34 years 612 11.5
    35-44 years 950 17.9
    45-54 years 850 16.0
    55-64 years 629 11.9
    Others 1422 26.8
    Age Group
    Census Count Percent(%)
    Registered Married 2064 54.7
    Not Married 1160 30.8
    Defacto Relationship 546 14.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3758 73.5
    Greece 67 1.3
    Papua New Guinea 207 4.1
    United Kingdom 538 10.5
    Other 201 3.9
    Others 340 6.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 105 2.2
    Christianity 3181 65.3
    Hinduism 6 0.1
    Other Religious Groups 11 0.2
    No Religion 1561 32.0
    Others 9 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 166 9.9
    $800-$999 165 9.8
    $1,250-$1,499 156 9.3
    $1,500-$1,999 261 15.5
    $2,000-$2,499 206 12.2
    Others 728 43.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1740 44.1
    Not in the labour force 985 25.0
    Employed, worked part-time 874 22.1
    Employed, away from work 190 4.8
    Unemployed, looking for work 157 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 356 12.7
    Professionals 513 18.3
    Technicians & trades workers 439 15.7
    Clerical & administrative workers 406 14.5
    Sales 337 12.0
    Others 752 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 74 5.5
    Infants/Primary 586 43.9
    Secondary 370 27.7
    Technical or Further Educational Institution 84 6.3
    University or other Tertiary Institutions 189 14.2
    Others 31 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4892 94.9
    Flat, unit or apartment 136 2.6
    Semi-detached, row or terrace house, townhouse 127 2.5
    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 819 42.9
    Rented 626 32.8
    Fully owned 455 23.9
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals