Suburb Profile Report for Kewarra Beach QLD (4879)

Kewarra Beach House: Median price $450,000, Annual capital growth 2.03%, Number of sales 124, Weekly median advertised rent $420

Kewarra Beach Unit: Median price $375,000, Annual capital growth -1.28%, Number of sales 31, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of -0.44% for the last year, Kewarra Beach, 4879 is the 3117th highest performer in Australia in this respect.

A 16.88% growth in median value for property investors in Kewarra Beach,4879 puts this suburb at number 792th in terms of best performing suburbs in QLD

The most recent median price for Kewarra Beach is $450000, with sellers offering an average of -5.89% off the asking price.

Situated 1403.71km from the CBD, Kewarra Beach is one of Cairns localities in the postcode 4879.

Investment property in Kewarra Beach has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.85%

While Kewarra Beach,4879 ranked number 220th in QLD for increase in median house value (annualised) increase, it is ranked 235th over the last 5 years.

Property buyers and investors in Kewarra Beach 4879 should be seeing an average reduction in asking price of around -7.08% . This means that Kewarra Beach is holding prices well when compared to other suburbs in QLD.

Often selling an investment property can take time, and in Kewarra Beach the average time real estate has been on the market is 133.08 days.

With the median price for a house in Kewarra Beach being $375000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.85%

Metrics i HOUSE UNIT
$450,000 $375,000
-4.66% -0.66%
-0.44% -3.85%
2.03% -1.28%
$420 $350
124 31
4.85% 4.85%
81.95 133.08

Source: CoreLogic

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