Suburb Profile Report for Geebung QLD (4034)

Geebung House: Median price $575,000, Annual capital growth 3.11%, Number of sales 65, Weekly median advertised rent $425

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

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

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At number 1999th in the list of Australian suburbs ordered by increase in median house value over the last year, Geebung, 4034 is in the top half with a property value increase of 0.44% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Geebung comes in at number 203th in QLD.

Sellers are offering property buyers an average discount of -5.86% to buyers in Geebung at the moment, which is less than average for the rest of QLD.

Residents and property investors in Geebung have been waiting around 40.2391 days to sell a property.

Information supplied by:


June 2018

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Northern Brisbane shows consistency

Postcode: 4034

Median house price: $540,000

Three-year growth: 14.9%

Rental yield: 3.9%

In the northern region of Brisbane, the suburb of Geebung – which is adjacent to the popular suburb of Chermside – is maintaining a reliable pattern of growth.

While increases in house prices are not shooting through the roof, the suburb has an average annual growth rate of 3.9%, with growth peaking in 2013 at 31.7%. Such dwellings typically spend only 33 days on the market at a median value of $540,000, with investors reaping 3.9% returns on rent at $400 per week.

Geebung is a stop on the Caboolture railway line, making it easy to commute to the Brisbane CBD and out west to Ipswich, if required. In 2013, Geebung also gained acclaim for being the site of a major fossil find. Schools are in the vicinity, located in nearby suburbs like Wavell Heights.

Metrics i HOUSE UNIT
$575,000 N/A
0.00% N/A
0.44% N/A
3.11% N/A
$425 N/A
65 N/A
3.84% N/A
40.2391304347826 N/A

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

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 4619
Median household income ($/weekly) 1340
Median age of persons 37
Median housing loan repayment ($/monthly) 1945
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 583 12.6
    25-34 years 611 13.2
    35-44 years 705 15.3
    45-54 years 594 12.9
    55-64 years 423 9.2
    Others 1704 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 1653 48.1
    Not Married 1462 42.5
    Defacto Relationship 324 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3581 80.6
    Indonesia 66 1.5
    Papua New Guinea 206 4.6
    United Kingdom 154 3.5
    Other 157 3.5
    Others 280 6.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 54 1.3
    Christianity 3188 74.7
    Hinduism 50 1.2
    Other Religious Groups 57 1.3
    No Religion 899 21.1
    Others 19 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 142 9.3
    $1,000-$1,249 144 9.4
    $1,500-$1,999 224 14.7
    $2,000-$2,499 168 11.0
    $2,500-$2,999 143 9.4
    Others 704 46.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1448 40.6
    Not in the labour force 1187 33.3
    Employed, worked part-time 684 19.2
    Employed, away from work 132 3.7
    Unemployed, looking for work 113 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 243 10.7
    Professionals 481 21.3
    Technicians & trades workers 308 13.6
    Clerical & administrative workers 409 18.1
    Sales 228 10.1
    Others 594 26.2
    Occupation
    Census Count Percent(%)
    Pre-school 56 5.4
    Infants/Primary 405 38.9
    Secondary 218 20.9
    Technical or Further Educational Institution 118 11.3
    University or other Tertiary Institutions 220 21.1
    Others 25 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4143 93.5
    Semi-detached, row or terrace house, townhouse 204 4.6
    Flat, unit or apartment 72 1.6
    House or flat attached to a shop, office 10 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 635 38.0
    Fully owned 589 35.2
    Rented 440 26.3
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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