Suburb Profile Report for Moorooka QLD (4105)

Moorooka House: Median price $632,500, Annual capital growth 2.90%, Number of sales 123, Weekly median advertised rent $450

Moorooka Unit: Median price $350,000, Annual capital growth 0.69%, Number of sales 78, Weekly median advertised rent $375

  • 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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  • House Report
  • Unit Report

At number 2479th in the list of Australian suburbs ordered by increase in median house value over the last year, Moorooka, 4105 is in the BOTTOM 40% with a property value increase of -1.56% recorded in median house prices.

While Moorooka,4105 ranked number 662th in QLD for increase in median house value (annualised) increase, it is ranked 328th 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 Moorooka, 4105. Typically our figures indicate that -5.73% is being offered, which puts this QLD suburb at 1945th most discounted overall in Australia.

Residents and property investors in Moorooka have been waiting around 46.1753 days to sell a property.

The QLD suburb of Moorooka, 4105 is in the Brisbane (C) local government area.

Property investors who have had real estate in Moorooka, 4105 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.48%

The five-year average increase in median property values for Moorooka,4105 has given property investors a potential capital gain of -11.39% across each of those five years.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.19% offered to property buyers. Sellers in Moorooka itself are offering an average vendor discount of -4.72% to real estate investors.

Moorooka is 174th on a list of best yielding suburbs for rents in QLD with a 5.57% return

YIP MAG Information supplied by:

YIP MAG
December 2015

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As Moorooka is so close to the Brisbane CBD, it’s not a surprise to see this suburb starting to grow strongly in value.

During the past 12 months, median house values have climbed by 7.5% to $596,500, according to OnTheHouse.com.au.

Located around 7km from the Brisbane CBD, Moorooka is currently experiencing rapid and extensive gentrification, which is helping push property prices higher.

It’s highly in demand among families with professional parents, thanks to its lifestyle offering.

There are 16 parks in the suburb as well as reasonable shopping amenities. It’s easily accessible via public transport, including trains and buses to the Brisbane CBD.

Investors looking to renovate or develop would find a lot of opportunities in the suburb, including a large number of old, tin and timber houses on big blocks of land.

Best areas to look include west of Toohey Park/Tarragindi Hill reservoir to avoid the noise from the Pacific Motorway.

Beverley Hill and Errington, Millicent and Bracken Streets offer fantastic views of Mt Coot-tha, the Great Dividing Range and the Brisbane CBD. 

Avoid Ipswich Road and High and Beaudesert Road due to the high volume of buses passing through them.
Metrics i HOUSE UNIT
$632,500 $350,000
-1.17% 2.04%
-1.56% 4.48%
2.90% 0.69%
$450 $375
123 78
3.70% 5.57%
46.1752577319588 64.0422535211268

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 : Balanced (H), Above average (U)
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Demographics
Total population 9984
Median household income ($/weekly) 1302
Median age of persons 35
Median housing loan repayment ($/monthly) 2015
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 968 9.7
    25-34 years 1910 19.1
    35-44 years 1707 17.1
    45-54 years 1213 12.1
    55-64 years 962 9.6
    Others 3224 32.3
    Age Group
    Census Count Percent(%)
    Not Married 3530 46.4
    Registered Married 3175 41.7
    Defacto Relationship 904 11.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 6671 70.9
    Indonesia 271 2.9
    Papua New Guinea 312 3.3
    United Kingdom 361 3.8
    Other 838 8.9
    Others 952 10.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 226 2.5
    Christianity 5814 64.3
    Hinduism 172 1.9
    Islam 321 3.6
    No Religion 2345 26.0
    Others 157 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 331 9.0
    $600-$799 337 9.2
    $1,500-$1,999 504 13.7
    $2,000-$2,499 371 10.1
    $2,500-$2,999 323 8.8
    Others 1817 49.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3297 42.5
    Not in the labour force 2350 30.3
    Employed, worked part-time 1510 19.5
    Unemployed, looking for work 300 3.9
    Employed, away from work 297 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 572 11.2
    Professionals 1506 29.5
    Technicians & trades workers 592 11.6
    Community & personal service workers 465 9.1
    Clerical & administrative workers 766 15.0
    Others 1201 23.5
    Occupation
    Census Count Percent(%)
    Pre-school 130 5.7
    Infants/Primary 640 28.1
    Secondary 422 18.6
    Technical or Further Educational Institution 253 11.1
    University or other Tertiary Institutions 707 31.1
    Others 122 5.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6942 73.7
    Flat, unit or apartment 1686 17.9
    Semi-detached, row or terrace house, townhouse 776 8.2
    House or flat attached to a shop, office 20 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1561 39.9
    Being purchased 1278 32.6
    Fully owned 1060 27.1
    Other tenure type 16 0.4
    Tenure Type
Census 2011, ABS
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