Suburb Profile Report for Nundah QLD (4012)

Nundah House: Median price $769,000, Annual capital growth 3.89%, Number of sales 99, Weekly median advertised rent $470

Nundah Unit: Median price $385,000, Annual capital growth -0.66%, Number of sales 169, Weekly median advertised rent $380

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

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Over the last year, property investments in Nundah, 4012 have given investors a capital gain of 9.86%. This compares very favourably with the 0.38% for QLD as a whole.

Across a shorter period, Nundah, 4012 has seen a median price increase of 8.96% over the last quarter.

Property investors looking for a bargain in Nundah should be aiming for at least -6.12% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Nundah the average time real estate has been on the market is 54.7143 days.

Nundah is 739th on a list of best yielding suburbs for rents in QLD with a 3.18% return

Nundah is in the TOP 30% in QLD when comparing median price capital growth over the last year. Nundah gave property investors a good capital gain figure when compared to the rest of the state, with 4.05%.

While Nundah,4012 ranked number 54th in QLD for increase in median house value (annualised) increase, it is ranked 173th over the last 5 years.

Property investors looking for a bargain in Nundah should be aiming for at least -5.74% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Nundah have been waiting around 70.8779 days to sell a property.

Using the current median advertised rental of $380 and the average annual increase in value of a median property of -0.66%, investors should hope to achieve an overall return of 5.13%

Metrics i HOUSE UNIT
$769,000 $385,000
8.96% 2.67%
9.86% 4.05%
3.89% -0.66%
$470 $380
99 169
3.18% 5.13%
54.7142857142857 70.8778625954199

Source: Monthly data update for Mar 2020 as supplied by CoreLogic. Data is reported to the period ending Dec 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (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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