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.

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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	HOUSE	UNIT
Median price	$800,000	N/A
Quarterly growth	3.45%	N/A
12-month growth	-3.23%	N/A
Average Annual Growth	0.41%	N/A
Weekly median advertised rent	$280	N/A
Number of sales	73	N/A
Gross rental yield	9.71%	N/A
Days on market	89.741935483871	N/A

DSR Score for property investment : Very good (H), Good (U)

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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