Suburb Profile Report for New Beith QLD (4124)

New Beith House: Median price $800,000, Annual capital growth 0.41%, Number of sales 73, Weekly median advertised rent $280

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

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

At number 4797th in the list of Australian suburbs ordered by increase in median house value over the last year, New Beith, 4124 is in the BOTTOM 10% with a property value increase of -3.23% recorded in median house prices.

Across a shorter period, New Beith, 4124 has seen a median price increase of 3.45% over the last quarter.

New Beith4124 is located in QLD which offers an average discount of -2.41% to property investors. New Beith itself is showing figures that indicate -9.74% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in New Beith the average time real estate has been on the market is 89.7419 days.

With the median price for a house in New Beith being $800000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 9.71%

Metrics i HOUSE UNIT
$800,000 N/A
3.45% N/A
-3.23% N/A
0.41% N/A
$280 N/A
73 N/A
9.71% N/A
89.741935483871 N/A

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in New Beith QLD
Demographics
Total population 3446
Median household income ($/weekly) 1907
Median age of persons 32
Median housing loan repayment ($/monthly) 2167
Average household size 3.5
  • Census Count Percent(%)
    0-4 years 342 9.9
    5-14 years 727 21.1
    25-34 years 486 14.1
    35-44 years 681 19.8
    45-54 years 430 12.5
    Others 779 22.6
    Age Group
    Census Count Percent(%)
    Registered Married 1468 66.1
    Not Married 506 22.8
    Defacto Relationship 246 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2704 81.8
    Papua New Guinea 133 4.0
    South Africa 18 0.5
    United Kingdom 211 6.4
    Other 87 2.6
    Others 151 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 49 1.6
    Christianity 2253 71.3
    Islam 26 0.8
    Other Religious Groups 25 0.8
    No Religion 784 24.8
    Others 24 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 84 10.0
    $1,500-$1,999 171 20.3
    $2,000-$2,499 162 19.3
    $2,500-$2,999 96 11.4
    $3,000-$3,499 85 10.1
    Others 243 28.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1176 51.7
    Not in the labour force 487 21.4
    Employed, worked part-time 430 18.9
    Employed, away from work 99 4.4
    Unemployed, looking for work 81 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 199 11.7
    Professionals 186 10.9
    Technicians & trades workers 367 21.5
    Clerical & administrative workers 320 18.8
    Sales 173 10.1
    Others 460 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 62 6.3
    Infants/Primary 502 51.0
    Secondary 260 26.4
    Technical or Further Educational Institution 55 5.6
    University or other Tertiary Institutions 75 7.6
    Others 30 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3303 99.5
    Flat, unit or apartment 16 0.5
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 751 79.6
    Fully owned 138 14.6
    Rented 54 5.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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