Suburb Profile Report for Herberton QLD (4887)

Herberton House: Median price $200,000, Annual capital growth 3.51%, Number of sales 21, Weekly median advertised rent $298

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

Source: CoreLogic

  • House Report

Property value increases in Herberton have tracked close to the QLD average of 1.98% over the last 12 months.

Over the longer term, Herberton has seen property prices show investors a 11.11% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Herberton is $200000, with sellers offering an average of -8.06% off the asking price.

With the median price for a house in Herberton being $200000 and the advertised rent reaching $297.5 the gross rental yield for property investors calculates out to be 7.74%

HOUSE UNIT
$200,000 N/A
8.11% N/A
1.01% N/A
3.51% N/A
$298 N/A
21 N/A
7.74% N/A
98.73 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
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Demographics
Total population 933
Median household income ($/weekly) 748
Median age of persons 43
Median housing loan repayment ($/monthly) 1387
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 164 17.6
    15-19 years 92 9.9
    45-54 years 134 14.3
    55-64 years 128 13.7
    65-74 years 106 11.3
    Others 310 33.2
    Age Group
    Census Count Percent(%)
    Not Married 272 45.6
    Registered Married 259 43.4
    Defacto Relationship 66 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 776 86.3
    Greece 8 0.9
    Papua New Guinea 20 2.2
    United Kingdom 45 5.0
    Other 18 2.0
    Others 32 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 552 64.9
    No Religion 283 33.3
    Buddhism 6 0.7
    Hinduism 6 0.7
    Islam 3 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 45 14.7
    $400-$599 49 16.0
    $600-$799 42 13.7
    $800-$999 36 11.8
    $1,000-$1,249 27 8.8
    Others 107 35.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 365 51.9
    Employed, worked full-time 166 23.6
    Employed, worked part-time 105 14.9
    Employed, away from work 36 5.1
    Unemployed, looking for work 31 4.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 51 16.6
    Technicians & trades workers 51 16.6
    Community & personal service workers 37 12.1
    Sales 30 9.8
    Labourers 53 17.3
    Others 85 27.7
    Occupation
    Census Count Percent(%)
    Pre-school 10 4.2
    Infants/Primary 58 24.3
    Secondary 142 59.4
    Technical or Further Educational Institution 13 5.4
    University or other Tertiary Institutions 13 5.4
    Others 3 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 757 97.6
    Flat, unit or apartment 13 1.7
    Caravan, cabin, houseboat 6 0.8
    Semi-detached, row or terrace house, townhouse 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 159 47.6
    Rented 94 28.1
    Being purchased 81 24.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals