Suburb Profile Report for Browns Plains QLD (4118)

Browns Plains House: Median price $370,000, Annual capital growth 2.15%, Number of sales 109, Weekly median advertised rent $355

Browns Plains Unit: Median price $257,250, Annual capital growth -2.21%, Number of sales 52, Weekly median advertised rent $340

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property value increases in Browns Plains have tracked close to the QLD average of 12.16% over the last 12 months.

Across a shorter period, Browns Plains, 4118 has seen a median price increase of 4.89% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Browns Plains is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 201th in terms of most discounted suburbs in QLD

The QLD suburb of Browns Plains, 4118 is in the Logan (C) local government area.

Browns Plains is an average performer in QLD when comparing median price capital growth over the last year. Browns Plains gave property investors a average capital gain figure when compared to the rest of the state, with 6.74%.

While Browns Plains,4118 ranked number 187th in QLD for increase in median house value (annualised) increase, it is ranked 262th over the last 5 years.

Property investors looking for a bargain in Browns Plains should be aiming for at least -4.34% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 4.33 sales per month, which equates to 52 per year.

Advertised rents are around the $340 mark per week – giving a return of 6.87% based on the median price in Suburb

Metrics i HOUSE UNIT
$370,000 $257,250
4.89% 2.08%
10.45% 6.74%
2.15% -2.21%
$355 $340
109 52
4.99% 6.87%
59.4810126582279 71.2

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 5572
Median household income ($/weekly) 1167
Median age of persons 30
Median housing loan repayment ($/monthly) 1729
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 756 13.6
    25-34 years 931 16.7
    35-44 years 811 14.6
    45-54 years 683 12.3
    55-64 years 563 10.1
    Others 1829 32.8
    Age Group
    Census Count Percent(%)
    Not Married 1920 47.0
    Registered Married 1566 38.3
    Defacto Relationship 599 14.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3634 68.7
    Papua New Guinea 546 10.3
    Philippines 79 1.5
    United Kingdom 199 3.8
    Other 365 6.9
    Others 463 8.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 134 2.6
    Christianity 3293 65.1
    Islam 146 2.9
    Other Religious Groups 82 1.6
    No Religion 1353 26.8
    Others 49 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 186 11.0
    $1,000-$1,249 231 13.6
    $1,250-$1,499 183 10.8
    $1,500-$1,999 250 14.7
    $2,000-$2,499 189 11.1
    Others 657 38.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1726 42.2
    Not in the labour force 1247 30.5
    Employed, worked part-time 676 16.5
    Unemployed, looking for work 244 6.0
    Employed, away from work 197 4.8
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 451 17.3
    Community & personal service workers 257 9.9
    Clerical & administrative workers 418 16.1
    Machinery operators & drivers 407 15.6
    Labourers 364 14.0
    Others 705 27.1
    Occupation
    Census Count Percent(%)
    Pre-school 85 7.1
    Infants/Primary 447 37.5
    Secondary 374 31.3
    Technical or Further Educational Institution 124 10.4
    University or other Tertiary Institutions 117 9.8
    Others 46 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4868 89.8
    Semi-detached, row or terrace house, townhouse 544 10.0
    Flat, unit or apartment 6 0.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 815 43.6
    Being purchased 730 39.0
    Fully owned 322 17.2
    Other tenure type 4 0.2
    Tenure Type
Census 2011, ABS
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