Suburb Profile Report for Nundah QLD (4012)

Nundah House: Median price $803,000, Annual capital growth 3.50%, Number of sales 100, Weekly median advertised rent $475

Nundah Unit: Median price $370,000, Annual capital growth -0.76%, Number of sales 233, Weekly median advertised rent $380

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

Source: Monthly data update for Jun 2021 as supplied by CoreLogic. Data is reported to the period ending Mar 2021. 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 0.24%. This compares very badly with the 8.97% for QLD as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Nundah has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Nundah should be aiming for at least -6.94% off the asking price, which is the average vendor discount being achieved at the moment.

At number 498 in a list of fastest selling suburbs, Nundah is in the TOP 20% of suburbs in Australia with an average of days on market 39.8507 for properties listed there.

Property value increases in Nundah have tracked just lower than the QLD average of 6.15% over the last 12 months.

While Nundah,4012 ranked number 184th in QLD for increase in median house value (annualised) increase, it is ranked 290th over the last 5 years.

Sellers are offering property buyers an average discount of -4.54% to buyers in Nundah at the moment, which is less than average for the rest of QLD.

In the last year 233 properties changed hands in Nundah, which puts it as the 20th most active market in QLD when comparing the number of sales per suburb.

With the median price for a house in Nundah being $370000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 5.34%

Metrics i HOUSE UNIT
$803,000 $370,000
1.90% 1.37%
0.24% -1.33%
3.50% -0.76%
$475 $380
100 233
3.08% 5.34%
39.8507462686567 53.0965909090909

Source: Monthly data update for Jun 2021 as supplied by CoreLogic. Data is reported to the period ending Mar 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (U), Above average (H)
Find a mortgage broker in Nundah QLD
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
Chart Table