Suburb Profile Report for Nundah QLD (4012)

Nundah House: Median price $755,000, Annual capital growth 3.01%, Number of sales 87, Weekly median advertised rent $445

Nundah Unit: Median price $405,500, Annual capital growth 1.73%, Number of sales 259, Weekly median advertised rent $380

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

Property value increases in Nundah have tracked higher than the QLD average of 2.19% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Nundah comes in at number 316th in QLD.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Nundah, 4012. Typically our figures indicate that -6.28% is being offered, which puts this QLD suburb at 1579th most discounted overall in Australia.

At number 2691 in a list of fastest selling suburbs, Nundah is in the bottom 30% of suburbs in Australia with an average of days on market 91.54 for properties listed there.

Using the current median advertised rental of $445 and the average annual increase in value of a median property of 3.01%, investors should hope to achieve an overall return of 3.06%

QLD has seen average median house prices change by 0.23% which means that Nundah, 4012 has done well for property investors by showing a capital gain of -5.70% over the last year

Nundah,4012 has offered an average of -5.70% return per annum in house price rises to property investors over the last three years.

The most recent median price for Nundah is $405500, with sellers offering an average of -6.65% off the asking price.

With the median price for a house in Nundah being $405500 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.87%

Metrics i HOUSE UNIT
$755,000 $405,500
0.00% 0.62%
10.22% -5.70%
3.01% 1.73%
$445 $380
87 259
3.06% 4.87%
91.54 87.92

Source: CoreLogic

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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