Suburb Profile Report for Kuranda QLD (4881)

Kuranda House: Median price $460,000, Annual capital growth 2.04%, Number of sales 61, Weekly median advertised rent $415

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

Source: CoreLogic

  • House Report

At number 600th in the list of Australian suburbs ordered by increase in median house value over the last year, Kuranda, 4881 is in the top 20% with a property value increase of 17.95% recorded in median house prices.

While Kuranda,4881 ranked number 291th in QLD for increase in median house value (annualised) increase, it is ranked 297th over the last 5 years.

Kuranda4881 is located in QLD which offers an average discount of -6.86% to property investors. Kuranda itself is showing figures that indicate -10.41% is the average achievable by property buyers investing in the suburb.

With the median price for a house in Kuranda being $460000 and the advertised rent reaching $415 the gross rental yield for property investors calculates out to be 4.69%

Metrics i HOUSE UNIT
$460,000 N/A
1.32% N/A
17.95% N/A
2.04% N/A
$415 N/A
61 N/A
4.69% N/A
154.55 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2966
Median household income ($/weekly) 981
Median age of persons 41
Median housing loan repayment ($/monthly) 1625
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 406 13.7
    35-44 years 420 14.2
    45-54 years 507 17.1
    55-64 years 481 16.2
    65-74 years 287 9.7
    Others 865 29.2
    Age Group
    Census Count Percent(%)
    Not Married 899 43.9
    Registered Married 766 37.4
    Defacto Relationship 383 18.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2134 77.5
    Greece 45 1.6
    Papua New Guinea 105 3.8
    United Kingdom 195 7.1
    Other 96 3.5
    Others 179 6.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 92 3.5
    Christianity 1432 55.2
    Hinduism 6 0.2
    Other Religious Groups 45 1.7
    No Religion 1012 39.0
    Others 9 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 128 14.2
    $600-$799 97 10.8
    $800-$999 103 11.4
    $1,000-$1,249 83 9.2
    $1,500-$1,999 110 12.2
    Others 379 42.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 814 37.3
    Employed, worked full-time 685 31.4
    Employed, worked part-time 458 21.0
    Unemployed, looking for work 144 6.6
    Employed, away from work 79 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 160 13.1
    Professionals 282 23.1
    Technicians & trades workers 187 15.3
    Community & personal service workers 143 11.7
    Clerical & administrative workers 129 10.5
    Others 322 26.3
    Occupation
    Census Count Percent(%)
    Pre-school 38 6.4
    Infants/Primary 246 41.7
    Secondary 165 28.0
    Technical or Further Educational Institution 36 6.1
    University or other Tertiary Institutions 78 13.2
    Others 27 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2469 91.1
    Semi-detached, row or terrace house, townhouse 138 5.1
    Caravan, cabin, houseboat 71 2.6
    Flat, unit or apartment 27 1.0
    House or flat attached to a shop, office 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 372 36.4
    Fully owned 370 36.2
    Rented 269 26.3
    Other tenure type 11 1.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals