Suburb Profile Report for Bellara QLD (4507)

Bellara House: Median price $380,000, Annual capital growth 1.57%, Number of sales 76, Weekly median advertised rent $370

Bellara Unit: Median price $312,500, Annual capital growth 6.72%, Number of sales 34, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

At number 1727th in the list of Australian suburbs ordered by increase in median house value over the last year, Bellara, 4507 is in the top half with a property value increase of 6.44% recorded in median house prices.

Bellara,4507 was ranked 715 in Australia by increase in median property value over the quarter.

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 Bellara, 4507. Typically our figures indicate that -5.08% is being offered, which puts this QLD suburb at 2321th most discounted overall in Australia.

In the last year 76 properties changed hands in Bellara, which puts it as the 310th most active market in QLD when comparing the number of sales per suburb.

A $370 per week rent on the median house gives suburb investors a gross yield of circa 5.06%, without taking into account capital value appreciation, which has been averaging out at 1.57%.

Investment property in Bellara has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.38%

Bellara,4507 was ranked 567 in Australia by increase in median property value over the quarter.

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 Bellara, 4507. Typically our figures indicate that -3.74% is being offered, which puts this QLD suburb at 1179th most discounted overall in Australia.

Residents and property investors in Bellara have been waiting around 91.37 days to sell a property.

Bellara, 4507’s gross rental yield is 5.32%

Information supplied by:


January 2018

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A suburb of the Moreton Bay region, Bellara’s low-priced houses could be contributing to its growth spurt over the past five yearsFull summary

Affordability gives an edge

Postcode: 4507

Median house price: $362,500

Three-year growth: 10.5%

Rental yield: 5.5%

A suburb of the Moreton Bay region, Bellara’s low-priced houses could be contributing to its growth spurt over the past five years.

The median value is just over $360,000 following 12.4% growth over the past 12 months leading up to November 2017. Moreover, rental returns average 5.5%, an excellent rate for investors. With Bellara looking to maintain this positive trend, it’s wise to keep an eye on this suburb.

Bellara is located west of Bribie Island and south of Banksia Beach – thus, it’s perfect for those who like to be close to nature and to the coast. Pumicestone Passage is nearby as well. To Bellara’s south, the suburb of Bongaree is home to Bribie Island State School and Bribie Island State High School.

Close
Metrics i HOUSE UNIT
$380,000 $312,500
4.11% 1.63%
6.44% 6.38%
1.57% 6.72%
$370 $320
76 34
5.06% 5.32%
55.41 91.37

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 3156
Median household income ($/weekly) 667
Median age of persons 54
Median housing loan repayment ($/monthly) 1560
Average household size 2
  • Census Count Percent(%)
    5-14 years 296 9.4
    45-54 years 402 12.7
    55-64 years 504 16.0
    65-74 years 549 17.4
    75-84 years 376 11.9
    Others 1029 32.6
    Age Group
    Census Count Percent(%)
    Not Married 1164 46.9
    Registered Married 1107 44.6
    Defacto Relationship 209 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2435 81.8
    Greece 22 0.7
    Papua New Guinea 125 4.2
    United Kingdom 246 8.3
    Other 36 1.2
    Others 114 3.8
    Country of Birth
    Census Count Percent(%)
    Christianity 2105 73.7
    No Religion 715 25.0
    Buddhism 17 0.6
    Other Religious Groups 12 0.4
    Islam 7 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 96 7.3
    $300-$399 160 12.1
    $400-$599 294 22.3
    $600-$799 197 15.0
    $800-$999 162 12.3
    Others 408 31.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1511 59.1
    Employed, worked full-time 505 19.8
    Employed, worked part-time 357 14.0
    Unemployed, looking for work 99 3.9
    Employed, away from work 83 3.2
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 159 16.9
    Community & personal service workers 119 12.6
    Clerical & administrative workers 126 13.4
    Sales 128 13.6
    Labourers 144 15.3
    Others 267 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 21 4.6
    Infants/Primary 195 42.9
    Secondary 158 34.7
    Technical or Further Educational Institution 37 8.1
    University or other Tertiary Institutions 29 6.4
    Others 15 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2379 80.2
    Flat, unit or apartment 372 12.5
    Semi-detached, row or terrace house, townhouse 139 4.7
    Caravan, cabin, houseboat 77 2.6
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 581 41.1
    Rented 544 38.5
    Being purchased 283 20.0
    Other tenure type 6 0.4
    Tenure Type
Census 2011, ABS
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