Suburb Profile Report for Yeronga QLD (4104)

Yeronga House: Median price $810,500, Annual capital growth 2.81%, Number of sales 50, Weekly median advertised rent $460

Yeronga Unit: Median price $443,000, Annual capital growth 1.99%, Number of sales 63, Weekly median advertised rent $395

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

At number 3788th in the list of Australian suburbs ordered by increase in median house value over the last year, Yeronga, 4104 is in the BOTTOM 10% with a property value increase of -8.68% recorded in median house prices.

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

Vendor discounting in Yeronga is giving property investors an average Vendor Discount of around -4.43%. This puts suburb at number 667th in QLD when ranking the most discounted suburbs.

Yeronga, 4104’s gross rental yield is 2.95%

Yeronga, 4104 ranked 202th in QLD when comparing growth in median property values or capital gain over the last 12 months. Yeronga is one of 2415 in our list for QLD

While Yeronga,4104 ranked number 119th in QLD for increase in median house value (annualised) increase, it is ranked 209th over the last 5 years.

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 Yeronga, 4104. Typically our figures indicate that -6.51% is being offered, which puts this QLD suburb at 341th most discounted overall in Australia.

With the median price for a house in Yeronga being $443000 and the advertised rent reaching $395 the gross rental yield for property investors calculates out to be 4.64%

Metrics i HOUSE UNIT
$810,500 $443,000
-5.70% 0.68%
-8.68% -0.89%
2.81% 1.99%
$460 $395
50 63
2.95% 4.64%
54.75 89.58

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 5540
Median household income ($/weekly) 1487
Median age of persons 34
Median housing loan repayment ($/monthly) 2000
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 626 11.3
    20-24 years 536 9.7
    25-34 years 1000 18.1
    35-44 years 818 14.8
    45-54 years 721 13.0
    Others 1839 33.2
    Age Group
    Census Count Percent(%)
    Not Married 1933 46.2
    Registered Married 1814 43.3
    Defacto Relationship 441 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4013 76.2
    Indonesia 73 1.4
    Papua New Guinea 156 3.0
    United Kingdom 219 4.2
    Other 315 6.0
    Others 493 9.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 84 1.7
    Christianity 3381 66.6
    Hinduism 60 1.2
    Islam 105 2.1
    No Religion 1389 27.3
    Others 60 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 159 7.8
    $1,000-$1,249 185 9.1
    $1,500-$1,999 264 13.0
    $2,000-$2,499 170 8.4
    $2,500-$2,999 226 11.1
    Others 1030 50.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1898 43.1
    Not in the labour force 1269 28.8
    Employed, worked part-time 930 21.1
    Unemployed, looking for work 156 3.5
    Employed, away from work 152 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 383 12.9
    Professionals 1119 37.6
    Technicians & trades workers 253 8.5
    Community & personal service workers 253 8.5
    Clerical & administrative workers 433 14.5
    Others 538 18.1
    Occupation
    Census Count Percent(%)
    Pre-school 51 3.5
    Infants/Primary 454 31.6
    Secondary 237 16.5
    Technical or Further Educational Institution 138 9.6
    University or other Tertiary Institutions 515 35.8
    Others 43 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3355 64.8
    Flat, unit or apartment 1147 22.1
    Semi-detached, row or terrace house, townhouse 677 13.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 901 41.4
    Fully owned 627 28.8
    Being purchased 611 28.1
    Other tenure type 36 1.7
    Tenure Type
Census 2011, ABS
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