Suburb Profile Report for Geebung QLD (4034)

Geebung House: Median price $585,000, Annual capital growth 3.95%, Number of sales 86, Weekly median advertised rent $435

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

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

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QLD has seen average median house prices change by 0.88% which means that Geebung, 4034 has done well for property investors by showing a capital gain of 7.34% over the last year

Taking the average capital gain, or increase in median house value, Geebung,4034 has racked up an average of 7.34% over the period. This ranks it number 1350th in the whole country for real estate investors looking at median house price increases.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.03% offered to property buyers. Sellers in Geebung itself are offering an average vendor discount of -6.01% to real estate investors.

Renters in Suburb are facing rents around $22620 per annum or $435 every week.

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
$585,000 N/A
2.63% N/A
7.34% N/A
3.95% N/A
$435 N/A
86 N/A
3.87% N/A
51.972972972973 N/A

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

DSR Score for property investment : Very good (H), Balanced (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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