Suburb Profile Report for Thabeban QLD (4670)

Thabeban House: Median price $256,250, Annual capital growth -0.43%, Number of sales 42, Weekly median advertised rent $310

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

Thabeban, 4670 ranked 139th in QLD when comparing growth in median property values or capital gain over the last 12 months. Thabeban is one of 2415 in our list for QLD

If we look at median property appreciation over just the last three months, Thabeban has given property investors a paper return of 1.31%. This puts Suburb as 276 on a list of fastest fasting appreciating suburbs in QLD

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.44% offered to property buyers. Sellers in Thabeban itself are offering an average vendor discount of -9.28% to real estate investors.

On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.

Renters in Suburb are facing rents around $16120 per annum or $310 every week.

Information supplied by:


January 2019

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Thabeban is a suburb in the Bundaberg Region, through which the Bundaberg Ring Road passes westward. This regional suburb contains low priced properties coming in at a median value of under $300,000Full summary

House market on the mend

Postcode: 4670

Median house price: $270,000

Three-year growth: -0.6%

Rental yield: 5.5%

Thabeban is a suburb in the Bundaberg Region, through which the Bundaberg Ring Road passes westward. This regional suburb contains low priced properties coming in at a median value of under $300,000.

After a shaky few years following the mining decline, Thabeban may be on the road to recovery, as the housing market recorded a boost of 8% in prices over the 12 months to October 2018 – a trend that has continued into the October quarter. Renters can find good homes at an average rent rate of $285 a week, as investors reap remarkable yields at an average of 5.5%.

Residents of Thabeban favour the newer part of town, which is safe and well maintained. The suburb is home to a park, and possesses a strong community vibe. It is also well located, with the Thabeban railway station located on the border of the northern suburbs.

Close
Metrics i HOUSE UNIT
$256,250 N/A
-5.09% N/A
3.02% N/A
-0.43% N/A
$310 N/A
42 N/A
6.29% N/A
70.14706 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2827
Median household income ($/weekly) 833
Median age of persons 36
Median housing loan repayment ($/monthly) 1300
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 406 14.4
    25-34 years 346 12.2
    35-44 years 295 10.4
    45-54 years 370 13.1
    55-64 years 347 12.3
    Others 1063 37.6
    Age Group
    Census Count Percent(%)
    Registered Married 961 49.0
    Not Married 764 39.0
    Defacto Relationship 236 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2355 89.3
    Japan 31 1.2
    Papua New Guinea 39 1.5
    Philippines 32 1.2
    United Kingdom 80 3.0
    Others 100 3.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1883 74.1
    No Religion 632 24.9
    Buddhism 14 0.6
    Islam 11 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 183 19.4
    $600-$799 138 14.6
    $800-$999 119 12.6
    $1,000-$1,249 90 9.5
    $1,500-$1,999 98 10.4
    Others 315 33.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 855 42.2
    Employed, worked full-time 635 31.3
    Employed, worked part-time 366 18.0
    Unemployed, looking for work 103 5.1
    Employed, away from work 69 3.4
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 184 17.2
    Community & personal service workers 112 10.5
    Clerical & administrative workers 151 14.1
    Sales 124 11.6
    Labourers 196 18.3
    Others 303 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 21 3.8
    Infants/Primary 261 47.3
    Secondary 153 27.7
    Technical or Further Educational Institution 44 8.0
    University or other Tertiary Institutions 55 10.0
    Others 18 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2430 92.0
    Caravan, cabin, houseboat 107 4.1
    Flat, unit or apartment 65 2.5
    Semi-detached, row or terrace house, townhouse 38 1.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 378 37.6
    Fully owned 343 34.1
    Being purchased 279 27.8
    Other tenure type 5 0.5
    Tenure Type
Census 2011, ABS
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