Suburb Profile Report for Springbrook QLD (4213)

Springbrook House: Median price $390,000, Annual capital growth 1.05%, Number of sales 21, Weekly median advertised rent $430

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

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

  • House Report

If you compare the increase in value of investment property in Springbrook, 4213 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -4.06%.

If we look at median property appreciation over just the last three months, Springbrook has given property investors a paper return of -2.50%. This puts Suburb as 687 on a list of fastest fasting appreciating suburbs in QLD

With the median price for a house in Springbrook being $390000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 5.73%

Metrics i HOUSE UNIT
$390,000 N/A
-2.50% N/A
-4.06% N/A
1.05% N/A
$430 N/A
21 N/A
5.73% N/A
115.3125 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. 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 625
Median household income ($/weekly) 938
Median age of persons 41
Median housing loan repayment ($/monthly) 1387
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 87 13.9
    25-34 years 67 10.7
    35-44 years 91 14.6
    45-54 years 98 15.7
    55-64 years 114 18.3
    Others 167 26.8
    Age Group
    Census Count Percent(%)
    Registered Married 222 47.4
    Not Married 184 39.3
    Defacto Relationship 62 13.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 483 80.4
    Papua New Guinea 35 5.8
    United Kingdom 48 8.0
    United States of America 9 1.5
    Other 16 2.7
    Others 10 1.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 17 3.0
    Christianity 324 58.1
    Hinduism 6 1.1
    Other Religious Groups 23 4.1
    No Religion 185 33.2
    Others 3 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 31 13.0
    $600-$799 38 16.0
    $800-$999 30 12.6
    $1,000-$1,249 27 11.3
    $1,500-$1,999 33 13.9
    Others 79 33.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 185 38.1
    Employed, worked full-time 154 31.8
    Employed, worked part-time 98 20.2
    Unemployed, looking for work 33 6.8
    Employed, away from work 15 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 44 16.6
    Professionals 65 24.5
    Technicians & trades workers 42 15.8
    Community & personal service workers 33 12.5
    Clerical & administrative workers 26 9.8
    Others 55 20.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 56 42.7
    Secondary 30 22.9
    Technical or Further Educational Institution 12 9.2
    University or other Tertiary Institutions 24 18.3
    Other type of educational institution 5 3.8
    Others 4 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 588 99.3
    Caravan, cabin, houseboat 4 0.7
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 104 41.1
    Fully owned 91 36.0
    Rented 55 21.7
    Other tenure type 3 1.2
    Tenure Type
Census 2011, ABS
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