Suburb Profile Report for Bellara QLD (4507)

Bellara House: Median price $392,000, Annual capital growth 1.58%, Number of sales 69, Weekly median advertised rent $370

Bellara Unit: Median price $315,000, Annual capital growth 7.55%, Number of sales 30, Weekly median advertised rent $323

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

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 9.80%

When looking at the potential capital gains offered to property investors over the last 3 years, Bellara comes in at number 174th in QLD.

Property buyers and investors in Bellara 4507 should be seeing an average reduction in asking price of around -4.75% . This means that Bellara is holding prices well when compared to other suburbs in QLD.

Renters in Suburb are facing rents around $19240 per annum or $370 every week.

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 7.88%

The five-year average increase in median property values for Bellara,4507 has given property investors a potential capital gain of 16.67% across each of those five years.

Vendor discounting in Bellara is giving property investors an average Vendor Discount of around -3.72%. This puts suburb at number 269th in QLD when ranking the most discounted suburbs.

On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.

Bellara is 167th on a list of best yielding suburbs for rents in QLD with a 5.32% return

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
$392,000 $315,000
5.38% -0.47%
9.80% 7.88%
1.58% 7.55%
$370 $323
69 30
4.91% 5.32%
60.31 98.59

Source: CoreLogic

DSR Score for property investment : Above average (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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