Suburb Profile Report for Bellara QLD (4507)

Bellara House: Median price $390,000, Annual capital growth 1.66%, Number of sales 69, Weekly median advertised rent $370

Bellara Unit: Median price $313,750, Annual capital growth 6.99%, Number of sales 30, Weekly median advertised rent $335

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

With a capital gain of 6.85% for the last 12 months, Bellara, 4507 has performed for property investments than its average annual 1.66% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Bellara,4507 has racked up an average of 6.85% over the period. This ranks it number 1710th in the whole country for real estate investors looking at median house price increases.

Bellara, 4507 is offering QLD ‘s 705th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.

With the median price for a house in Bellara being $390000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 4.93%

Property value increases in Bellara have tracked just higher than the QLD average of -0.66% over the last 12 months.

Across a shorter period, Bellara, 4507 has seen a median price increase of -0.40% over the last quarter.

Bellara, 4507 is offering QLD ‘s 168th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.

At number 1084 in a list of fastest selling suburbs, Bellara is in the bottom 40% of suburbs in Australia with an average of days on market 92 for properties listed there.

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
$390,000 $313,750
0.65% -0.40%
6.85% 3.55%
1.66% 6.99%
$370 $335
69 30
4.93% 5.55%
49.87 92

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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