Suburb Profile Report for Fitzgibbon QLD (4018)

Fitzgibbon House: Median price $460,000, Annual capital growth 2.67%, Number of sales 102, Weekly median advertised rent $415

Fitzgibbon Unit: Median price $359,000, Annual capital growth 2.28%, Number of sales 22, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Fitzgibbon have tracked close to the QLD average of 2.98% over the last 12 months.

Comparing Fitzgibbon,4018 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.78% offered to property buyers. Sellers in Fitzgibbon itself are offering an average vendor discount of -3.47% to real estate investors.

Often selling an investment property can take time, and in Fitzgibbon the average time real estate has been on the market is 43.43 days.

Renters in Suburb are facing rents around $4980 per annum or $415 every week.

If you compare the increase in value of investment property in Fitzgibbon, 4018 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 -0.28%.

While Fitzgibbon,4018 ranked number 287th in QLD for increase in median house value (annualised) increase, it is ranked 188th over the last 5 years.

At number 124th of QLD’s most discounted properties, Fitzgibbon is in the bottom 40% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Fitzgibbon have been waiting around 65.71 days to sell a property.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.07%, without taking into account capital value appreciation, which has been averaging out at 2.28%.

Metrics i HOUSE UNIT
$460,000 $359,000
2.22% -2.05%
4.55% -0.28%
2.67% 2.28%
$415 $350
102 22
4.69% 5.07%
43.43 65.71

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Fitzgibbon QLD
Demographics
Total population 3287
Median household income ($/weekly) 1280
Median age of persons 35
Median housing loan repayment ($/monthly) 2000
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 332 10.1
    25-34 years 655 19.9
    35-44 years 490 14.9
    45-54 years 386 11.7
    55-64 years 304 9.2
    Others 1120 34.1
    Age Group
    Census Count Percent(%)
    Registered Married 1171 45.9
    Not Married 1076 42.2
    Defacto Relationship 302 11.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2050 64.5
    Indonesia 134 4.2
    Papua New Guinea 180 5.7
    United Kingdom 157 4.9
    Other 237 7.5
    Others 418 13.2
    Country of Birth
    Census Count Percent(%)
    Christianity 2049 66.0
    Hinduism 93 3.0
    Islam 67 2.2
    Other Religious Groups 56 1.8
    No Religion 786 25.3
    Others 55 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 177 13.9
    $600-$799 114 8.9
    $1,500-$1,999 211 16.5
    $2,000-$2,499 141 11.1
    $2,500-$2,999 111 8.7
    Others 521 40.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1192 45.9
    Not in the labour force 842 32.4
    Employed, worked part-time 389 15.0
    Employed, away from work 99 3.8
    Unemployed, looking for work 75 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 390 23.2
    Technicians & trades workers 215 12.8
    Community & personal service workers 176 10.5
    Clerical & administrative workers 340 20.3
    Labourers 161 9.6
    Others 396 23.6
    Occupation
    Census Count Percent(%)
    Pre-school 45 6.6
    Infants/Primary 223 32.9
    Secondary 154 22.7
    Technical or Further Educational Institution 84 12.4
    University or other Tertiary Institutions 147 21.7
    Others 24 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2706 84.4
    Semi-detached, row or terrace house, townhouse 360 11.2
    Flat, unit or apartment 141 4.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 557 40.6
    Rented 446 32.5
    Fully owned 366 26.7
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals