Suburb Profile Report for Nundah QLD (4012)

Nundah House: Median price $760,000, Annual capital growth 3.32%, Number of sales 83, Weekly median advertised rent $445

Nundah Unit: Median price $400,000, Annual capital growth 1.67%, Number of sales 223, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
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At number 1175th in the list of Australian suburbs ordered by increase in median house value over the last year, Nundah, 4012 is in the top 30% with a property value increase of 8.73% recorded in median house prices.

While Nundah,4012 ranked number 112th in QLD for increase in median house value (annualised) increase, it is ranked 335th over the last 5 years.

Property investors looking for a bargain in Nundah should be aiming for at least -5.77% 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 89.8 days.

Nundah is 694th on a list of best yielding suburbs for rents in QLD with a 3.04% return

Property value increases in Nundah have tracked lower than the QLD average of 0.73% over the last 12 months.

Taking the average capital gain, or increase in median house value, Nundah,4012 has racked up an average of -9.09% over the period. This ranks it number 1293th 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 -6.82% . This means that Nundah is holding prices well when compared to other suburbs in QLD.

Residents and property investors in Nundah have been waiting around 87.49 days to sell a property.

Metrics i HOUSE UNIT
$760,000 $400,000
4.11% -1.78%
8.73% -9.09%
3.32% 1.67%
$445 $380
83 223
3.04% 4.94%
89.8 87.49

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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