Suburb Profile Report for Yeronga QLD (4104)

Yeronga House: Median price $895,000, Annual capital growth 3.20%, Number of sales 55, Weekly median advertised rent $490

Yeronga Unit: Median price $415,000, Annual capital growth 0.60%, Number of sales 61, Weekly median advertised rent $400

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

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

  • House Report
  • Unit Report

Yeronga has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 10.49% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Yeronga comes in at number 655th in QLD.

Our latest figures would indicate that property sellers in Yeronga are currently offering property investors an average price cut of -6.81% below the asking price at the moment.

Advertised rents are around the $490 mark per week – giving a return of 2.85% based on the median price in Suburb

If you compare the increase in value of investment property in Yeronga, 4104 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 -6.11%.

The five-year average increase in median property values for Yeronga,4104 has given property investors a potential capital gain of -11.70% across each of those five years.

Vendor discounting in Yeronga is giving property investors an average Vendor Discount of around -3.78%. This puts suburb at number 207th in QLD when ranking the most discounted suburbs.

Advertised rents are around the $400 mark per week – giving a return of 5.01% based on the median price in Suburb

Metrics i HOUSE UNIT
$895,000 $415,000
5.60% -4.60%
10.49% -6.11%
3.20% 0.60%
$490 $400
55 61
2.85% 5.01%
77.575 61.5576923076923

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

DSR Score for property investment : Balanced (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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