Suburb Profile Report for Kuluin QLD (4558)

Kuluin House: Median price $503,750, Annual capital growth 2.64%, Number of sales 38, Weekly median advertised rent $480

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

Over the last year, property investments in Kuluin, 4558 have given investors a capital gain of 7.41%. This compares favourably with the 2.21% for QLD as a whole.

While Kuluin,4558 ranked number 504th in QLD for increase in median house value (annualised) increase, it is ranked 51th over the last 5 years.

Property investors looking for a bargain in Kuluin should be aiming for at least -3.77% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $480 mark per week – giving a return of 4.95% based on the median price in Suburb

Information supplied by:


August 2018

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Nestled in Queensland’s Sunshine Coast region, the suburb of Kuluin is part of the Maroochydore urban centreFull summary

Sunshine Coast houses at reasonable prices

Postcode: 4558

Median house price: $510,000

Three-year growth: 28.5%

Rental yield: 5.0%

Nestled in Queensland’s Sunshine Coast region, the suburb of Kuluin is part of the Maroochydore urban centre.

Kuluin has enjoyed the boom of the Sunshine Coast, with house prices remaining high and continuing to rise in the five years since 2013. Houses are reasonably affordable, with the median price just passing $500,000 after 13.3% growth in the May 2017-2018 period. Such properties sell quickly at an average discount rate of less than 3%, while investors benefit from a rental market offering 5% yield off a rent rate of $495 per week.

The suburb is home to Kuluin State School. Shopping hubs are just minutes away in the Maroochydore CBD, which is home to Sunshine Plaza and to a major bus interchange in the Sunshine Coast region. Sports facilities and parks are close by as well.

Close
Metrics i HOUSE UNIT
$503,750 N/A
-0.35% N/A
7.41% N/A
2.64% N/A
$480 N/A
38 N/A
4.95% N/A
36.61 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 2255
Median household income ($/weekly) 1152
Median age of persons 35
Median housing loan repayment ($/monthly) 1950
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 346 15.3
    25-34 years 285 12.6
    35-44 years 377 16.7
    45-54 years 313 13.9
    55-64 years 268 11.9
    Others 667 29.6
    Age Group
    Census Count Percent(%)
    Registered Married 795 49.7
    Not Married 613 38.3
    Defacto Relationship 192 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1784 82.3
    Papua New Guinea 106 4.9
    South Africa 26 1.2
    United Kingdom 131 6.0
    Other 42 1.9
    Others 78 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1381 66.4
    No Religion 655 31.5
    Buddhism 29 1.4
    Other Religious Groups 10 0.5
    Islam 6 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 79 11.3
    $600-$799 88 12.5
    $1,000-$1,249 75 10.7
    $1,250-$1,499 84 12.0
    $1,500-$1,999 101 14.4
    Others 275 39.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 666 40.0
    Not in the labour force 485 29.2
    Employed, worked part-time 363 21.8
    Unemployed, looking for work 85 5.1
    Employed, away from work 64 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 134 12.3
    Technicians & trades workers 222 20.3
    Community & personal service workers 127 11.6
    Clerical & administrative workers 149 13.7
    Sales 151 13.8
    Others 308 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 26 4.8
    Infants/Primary 243 45.2
    Secondary 149 27.7
    Technical or Further Educational Institution 46 8.6
    University or other Tertiary Institutions 64 11.9
    Others 10 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1999 93.1
    Semi-detached, row or terrace house, townhouse 86 4.0
    Flat, unit or apartment 63 2.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 360 46.8
    Rented 209 27.2
    Fully owned 192 25.0
    Other tenure type 8 1.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals