Suburb Profile Report for Nundah QLD (4012)

Nundah House: Median price $699,000, Annual capital growth 3.23%, Number of sales 97, Weekly median advertised rent $470

Nundah Unit: Median price $366,500, Annual capital growth -1.09%, Number of sales 157, Weekly median advertised rent $380

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

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

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  • Unit Report

If you compare the increase in value of investment property in Nundah, 4012 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -4.25%.

Over the longer term, Nundah has seen property prices show investors a 0.58% return over the last 3 years. This is worse than over the last 12 months

At number 315th of QLD’s most discounted properties, Nundah is in the middle of the state/territory when listing in order of most discounted to least.

A $470 per week rent on the median house gives suburb investors a gross yield of circa 3.50%, without taking into account capital value appreciation, which has been averaging out at 3.23%.

With a capital gain of -4.68% for the last 12 months, Nundah, 4012 has performed for property investments than its average annual -1.09% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Nundah,4012 has racked up an average of -4.68% over the period. This ranks it number 1318th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -5.36% to buyers in Nundah at the moment, which is less than average for the rest of QLD.

Nundah is 174th on a list of best yielding suburbs for rents in QLD with a 5.39% return

Metrics i HOUSE UNIT
$699,000 $366,500
-0.29% -1.21%
-4.25% -4.68%
3.23% -1.09%
$470 $380
97 157
3.50% 5.39%
59.75 73.9538461538462

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 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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