Suburb Profile Report for Nundah QLD (4012)

Nundah House: Median price $700,000, Annual capital growth 3.23%, Number of sales 83, Weekly median advertised rent $470

Nundah Unit: Median price $366,000, Annual capital growth 0.51%, Number of sales 176, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: Monthly data update for May 2019 as supplied by CoreLogic. Data is reported to the period ending Feb 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 2651th in the list of Australian suburbs ordered by increase in median house value over the last year, Nundah, 4012 is in the BOTTOM 40% with a property value increase of -1.13% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Nundah,4012 has racked up an average of -1.13% over the period. This ranks it number 2901th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Nundah 4012 should be seeing an average reduction in asking price of around -6.63% . This means that Nundah is holding prices well when compared to other suburbs in QLD.

A $465 per week rent on the median house gives suburb investors a gross yield of circa 3.45%, without taking into account capital value appreciation, which has been averaging out at 2.34%.

QLD has seen average median house prices change by -0.18% which means that Nundah, 4012 has not done well for property investors by showing a capital gain of -3.92% over the last year

Taking the average capital gain, or increase in median house value, Nundah,4012 has racked up an average of -3.92% over the period. This ranks it number 1399th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Nundah are currently offering property investors an average price cut of -6.80% below the asking price at the moment.

In the last year 189 properties changed hands in Nundah, which puts it as the 23th most active market in QLD when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$700,000 $366,000
-0.07% -3.68%
-1.41% -6.15%
3.23% 0.51%
$470 $380
83 176
3.49% 5.40%
62.125 80.770836

Source: Monthly data update for May 2019 as supplied by CoreLogic. Data is reported to the period ending Feb 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 10386
Median household income ($/weekly) 1317
Median age of persons 34
Median housing loan repayment ($/monthly) 2000
Average household size 2
  • Census Count Percent(%)
    20-24 years 1027 9.9
    25-34 years 2527 24.3
    35-44 years 1692 16.3
    45-54 years 1232 11.9
    55-64 years 1011 9.7
    Others 2896 27.9
    Age Group
    Census Count Percent(%)
    Not Married 4466 53.7
    Registered Married 2687 32.3
    Defacto Relationship 1166 14.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 6893 69.6
    Indonesia 455 4.6
    Papua New Guinea 556 5.6
    United Kingdom 420 4.2
    Other 540 5.5
    Others 1033 10.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 187 2.0
    Christianity 6127 64.5
    Hinduism 331 3.5
    Other Religious Groups 210 2.2
    No Religion 2466 26.0
    Others 176 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 439 9.9
    $1,250-$1,499 399 9.0
    $1,500-$1,999 605 13.7
    $2,000-$2,499 415 9.4
    $2,500-$2,999 433 9.8
    Others 2135 48.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4337 50.1
    Not in the labour force 2149 24.8
    Employed, worked part-time 1520 17.6
    Employed, away from work 327 3.8
    Unemployed, looking for work 323 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 631 10.2
    Professionals 1646 26.6
    Technicians & trades workers 718 11.6
    Community & personal service workers 572 9.2
    Clerical & administrative workers 1188 19.2
    Others 1431 23.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 489 24.9
    Secondary 374 19.0
    Technical or Further Educational Institution 259 13.2
    University or other Tertiary Institutions 640 32.6
    Other type of educational institution 122 6.2
    Others 82 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 4673 47.8
    Separate house 4003 41.0
    Semi-detached, row or terrace house, townhouse 1080 11.1
    House or flat attached to a shop, office 10 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2572 54.7
    Being purchased 1260 26.8
    Fully owned 846 18.0
    Other tenure type 21 0.4
    Tenure Type
Census 2011, ABS
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