Suburb Profile Report for Tingalpa QLD (4173)

Tingalpa House: Median price $606,750, Annual capital growth 3.67%, Number of sales 118, Weekly median advertised rent $460

Tingalpa Unit: Median price $387,000, Annual capital growth 1.17%, Number of sales 50, Weekly median advertised rent $375

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

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

  • House Report
  • Unit Report

At number 2646th in the list of Australian suburbs ordered by increase in median house value over the last year, Tingalpa, 4173 is in the BOTTOM 40% with a property value increase of 7.52% recorded in median house prices.

Comparing Tingalpa,4173 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -2.62% to buyers in Tingalpa at the moment, which is less than average for the rest of QLD.

At number 578th in the list of Australian suburbs ordered by increase in median house value over the last year, Tingalpa, 4173 is in the top 40% with a property value increase of 9.01% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tingalpa has increased when compared to the 5 year average annual rate.

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.76% offered to property buyers. Sellers in Tingalpa itself are offering an average vendor discount of -2.69% to real estate investors.

Residents and property investors in Tingalpa have been waiting around 29.6364 days to sell a property.

With the median price for a house in Tingalpa being $387000 and the advertised rent reaching $375 the gross rental yield for property investors calculates out to be 5.04%

Metrics i HOUSE UNIT
$606,750 $387,000
1.46% 3.20%
7.52% 9.01%
3.67% 1.17%
$460 $375
118 50
3.94% 5.04%
34.3544303797468 29.6363636363636

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

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