Suburb Profile Report for Kuranda QLD (4881)

Kuranda House: Median price $390,000, Annual capital growth 1.03%, Number of sales 51, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Kuranda, 4881 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -9.93%.

Taking the average capital gain, or increase in median house value, Kuranda,4881 has racked up an average of -9.93% over the period. This ranks it number 3635th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Kuranda is giving property investors an average Vendor Discount of around -8.51%. This puts suburb at number 213th in QLD when ranking the most discounted suburbs.

Using the current median advertised rental of $390 and the average annual increase in value of a median property of 1.03%, investors should hope to achieve an overall return of 5.20%

HOUSE UNIT
$390,000 N/A
-2.01% N/A
-9.93% N/A
1.03% N/A
$390 N/A
51 N/A
5.20% N/A
98.67 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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