Suburb Profile Report for Taigum QLD (4018)

Taigum House: Median price $533,000, Annual capital growth 2.91%, Number of sales 51, Weekly median advertised rent $460

Taigum Unit: Median price $308,750, Annual capital growth 0.04%, Number of sales 52, Weekly median advertised rent $380

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

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

  • House Report
  • Unit Report

At number 2217th in the list of Australian suburbs ordered by increase in median house value over the last year, Taigum, 4018 is in the BOTTOM 50% with a property value increase of -1.93% recorded in median house prices.

Across a shorter period, Taigum, 4018 has seen a median price increase of 0.19% over the last quarter.

Vendor discounting in Taigum is giving property investors an average Vendor Discount of around -4.76%. This puts suburb at number 630th in QLD when ranking the most discounted suburbs.

Taigum is 491th on a list of best yielding suburbs for rents in QLD with a 4.49% return

Property value increases in Taigum have tracked close to the QLD average of -0.03% over the last 12 months.

Taking the average capital gain, or increase in median house value, Taigum,4018 has racked up an average of 0.24% over the period. This ranks it number 1140th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Taigum, 4018. Typically our figures indicate that -4.71% is being offered, which puts this QLD suburb at 848th most discounted overall in Australia.

On average over the past year, suburb has had 4.33 sales per month, which equates to 52 per year.

A $380 per week rent on the median house gives suburb investors a gross yield of circa 6.40%, without taking into account capital value appreciation, which has been averaging out at 0.04%.

Metrics i HOUSE UNIT
$533,000 $308,750
0.19% 3.96%
-1.93% 0.24%
2.91% 0.04%
$460 $380
51 52
4.49% 6.40%
56.4285714285714 72.7027027027027

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

DSR Score for property investment : Balanced (H), Very good (U)
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Demographics
Total population 5618
Median household income ($/weekly) 1164
Median age of persons 39
Median housing loan repayment ($/monthly) 1800
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 566 10.1
    25-34 years 816 14.5
    35-44 years 773 13.8
    45-54 years 710 12.6
    55-64 years 610 10.9
    Others 2144 38.2
    Age Group
    Census Count Percent(%)
    Registered Married 1943 46.0
    Not Married 1873 44.4
    Defacto Relationship 405 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 3702 69.0
    Papua New Guinea 291 5.4
    Philippines 213 4.0
    United Kingdom 263 4.9
    Other 212 3.9
    Others 688 12.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 84 1.6
    Christianity 3849 74.0
    Hinduism 115 2.2
    Other Religious Groups 108 2.1
    No Religion 979 18.8
    Others 69 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 225 11.0
    $600-$799 202 9.9
    $800-$999 201 9.9
    $1,500-$1,999 265 13.0
    $2,000-$2,499 219 10.8
    Others 925 45.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1841 40.9
    Not in the labour force 1640 36.4
    Employed, worked part-time 722 16.0
    Employed, away from work 165 3.7
    Unemployed, looking for work 135 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 278 10.2
    Professionals 539 19.8
    Technicians & trades workers 335 12.3
    Community & personal service workers 299 11.0
    Clerical & administrative workers 518 19.0
    Others 755 27.7
    Occupation
    Census Count Percent(%)
    Pre-school 60 5.6
    Infants/Primary 365 34.2
    Secondary 275 25.7
    Technical or Further Educational Institution 101 9.5
    University or other Tertiary Institutions 218 20.4
    Others 49 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3160 60.6
    Semi-detached, row or terrace house, townhouse 1173 22.5
    Flat, unit or apartment 752 14.4
    Caravan, cabin, houseboat 126 2.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 721 33.1
    Rented 716 32.9
    Fully owned 684 31.4
    Other tenure type 57 2.6
    Tenure Type
Census 2011, ABS
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