Suburb Profile Report for Tanah Merah QLD (4128)

Tanah Merah House: Median price $456,000, Annual capital growth 1.15%, Number of sales 68, Weekly median advertised rent $420

Tanah Merah Unit: Median price $268,000, Annual capital growth 2.62%, Number of sales 11, Weekly median advertised rent $310

  • 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.

  • House Report

Investment property in Tanah Merah has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.33%

When looking at the potential capital gains offered to property investors over the last 3 years, Tanah Merah comes in at number 414th in QLD.

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 Tanah Merah, 4128. Typically our figures indicate that -6.30% is being offered, which puts this QLD suburb at 1557th most discounted overall in Australia.

On average over the past year, suburb has had 5.67 sales per month, which equates to 68 per year.

Situated 27.21km from the CBD, Tanah Merah is one of Logan (C) localities in the postcode 4128.

Metrics i HOUSE UNIT
$456,000 $268,000
1.33% N/A
1.33% N/A
1.15% 2.62%
$420 $310
68 11
4.79% 6.01%
63.6271186440678 N/A

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 : Above average (H), Balanced (U)
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Demographics
Total population 4608
Median household income ($/weekly) 1526
Median age of persons 33
Median housing loan repayment ($/monthly) 1950
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 622 13.5
    25-34 years 739 16.0
    35-44 years 694 15.1
    45-54 years 572 12.4
    55-64 years 507 11.0
    Others 1473 32.0
    Age Group
    Census Count Percent(%)
    Registered Married 1716 50.9
    Not Married 1237 36.7
    Defacto Relationship 417 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3187 72.2
    Papua New Guinea 379 8.6
    South Africa 53 1.2
    United Kingdom 266 6.0
    Other 179 4.1
    Others 349 7.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 1.4
    Christianity 2920 69.8
    Islam 102 2.4
    Other Religious Groups 25 0.6
    No Religion 1061 25.4
    Others 18 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 144 10.2
    $1,250-$1,499 130 9.2
    $1,500-$1,999 262 18.6
    $2,000-$2,499 207 14.7
    $2,500-$2,999 121 8.6
    Others 545 38.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1574 46.0
    Not in the labour force 883 25.8
    Employed, worked part-time 666 19.5
    Employed, away from work 148 4.3
    Unemployed, looking for work 148 4.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 251 10.5
    Professionals 377 15.8
    Technicians & trades workers 434 18.2
    Clerical & administrative workers 409 17.1
    Sales 251 10.5
    Others 663 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 67 6.4
    Infants/Primary 446 42.6
    Secondary 280 26.7
    Technical or Further Educational Institution 83 7.9
    University or other Tertiary Institutions 142 13.6
    Others 29 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4057 91.3
    Semi-detached, row or terrace house, townhouse 323 7.3
    Caravan, cabin, houseboat 53 1.2
    Flat, unit or apartment 10 0.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 810 52.5
    Rented 403 26.1
    Fully owned 325 21.0
    Other tenure type 6 0.4
    Tenure Type
Census 2011, ABS
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