Suburb Profile Report for Tingalpa QLD (4173)

Tingalpa House: Median price $547,375, Annual capital growth 3.02%, Number of sales 98, Weekly median advertised rent $460

Tingalpa Unit: Median price $360,000, Annual capital growth 1.52%, Number of sales 33, Weekly median advertised rent $390

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Tingalpa, 4173 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.25%

If we look at median property appreciation over just the last three months, Tingalpa has given property investors a paper return of 0.07%. This puts Suburb as 342 on a list of fastest fasting appreciating suburbs in QLD

The most recent median price for Tingalpa is $547375, with sellers offering an average of -4.47% off the asking price.

A $460 per week rent on the median house gives suburb investors a gross yield of circa 4.37%, without taking into account capital value appreciation, which has been averaging out at 3.02%.

Over the last year, property investments in Tingalpa, 4173 have given investors a capital gain of 0.00%. This compares averagely with the -0.13% for QLD as a whole.

Tingalpa,4173 was ranked 533 in Australia by increase in median property value over the quarter.

Property buyers and investors in Tingalpa 4173 should be seeing an average reduction in asking price of around -5.02% . This means that Tingalpa is holding prices well when compared to other suburbs in QLD.

Using the current median advertised rental of $390 and the average annual increase in value of a median property of 1.52%, investors should hope to achieve an overall return of 5.63%

Metrics i HOUSE UNIT
$547,375 $360,000
0.07% 0.39%
-2.25% 0.00%
3.02% 1.52%
$460 $390
98 33
4.37% 5.63%
50.7283950617284 82.1428571428571

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Very good (U)
Find a mortgage broker in Tingalpa QLD
Demographics
Total population 8539
Median household income ($/weekly) 1474
Median age of persons 35
Median housing loan repayment ($/monthly) 2000
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1112 13.0
    25-34 years 1333 15.6
    35-44 years 1406 16.5
    45-54 years 1179 13.8
    55-64 years 934 10.9
    Others 2575 30.2
    Age Group
    Census Count Percent(%)
    Registered Married 3042 47.8
    Not Married 2578 40.5
    Defacto Relationship 743 11.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 6162 75.5
    Papua New Guinea 592 7.3
    Philippines 115 1.4
    United Kingdom 371 4.5
    Other 251 3.1
    Others 666 8.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 142 1.8
    Christianity 5818 74.1
    Hinduism 136 1.7
    Islam 64 0.8
    No Religion 1651 21.0
    Others 37 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 277 9.6
    $1,250-$1,499 250 8.7
    $1,500-$1,999 425 14.8
    $2,000-$2,499 391 13.6
    $2,500-$2,999 261 9.1
    Others 1274 44.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3184 49.1
    Not in the labour force 1651 25.4
    Employed, worked part-time 1176 18.1
    Employed, away from work 253 3.9
    Unemployed, looking for work 224 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 479 10.4
    Professionals 850 18.4
    Technicians & trades workers 686 14.9
    Clerical & administrative workers 866 18.8
    Labourers 500 10.8
    Others 1233 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 97 5.3
    Infants/Primary 731 40.3
    Secondary 484 26.7
    Technical or Further Educational Institution 165 9.1
    University or other Tertiary Institutions 283 15.6
    Others 55 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7016 85.5
    Semi-detached, row or terrace house, townhouse 773 9.4
    Flat, unit or apartment 244 3.0
    Caravan, cabin, houseboat 175 2.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1387 45.0
    Rented 847 27.5
    Fully owned 834 27.1
    Other tenure type 15 0.5
    Tenure Type
Census 2011, ABS
Chart Table