Suburb Profile Report for Tallai QLD (4213)

Tallai House: Median price $850,000, Annual capital growth 3.51%, Number of sales 65, Weekly median advertised rent $690

  • 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

Tallai has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -2.58% to date .

If we look at median property appreciation over just the last three months, Tallai has given property investors a paper return of -2.86%. This puts Suburb as 718 on a list of fastest fasting appreciating suburbs in QLD

Property investors looking for a bargain in Tallai should be aiming for at least -8.66% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 65 properties changed hands in Tallai, which puts it as the 330th most active market in QLD when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $35880 per annum or $690 every week.

Metrics i HOUSE UNIT
$850,000 N/A
-2.86% N/A
-2.58% N/A
3.51% N/A
$690 N/A
65 N/A
4.22% N/A
80.8269230769231 N/A

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), Above average (U)
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Demographics
Total population 3765
Median household income ($/weekly) 1369
Median age of persons 43
Median housing loan repayment ($/monthly) 2200
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 551 14.6
    35-44 years 499 13.3
    45-54 years 635 16.9
    55-64 years 513 13.6
    65-74 years 331 8.8
    Others 1237 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 1577 57.3
    Not Married 967 35.1
    Defacto Relationship 209 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2477 69.9
    Papua New Guinea 271 7.7
    South Africa 81 2.3
    United Kingdom 372 10.5
    Other 122 3.4
    Others 219 6.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 52 1.5
    Christianity 2488 72.6
    Hinduism 14 0.4
    Other Religious Groups 18 0.5
    No Religion 840 24.5
    Others 13 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 104 9.7
    $1,000-$1,249 99 9.2
    $1,500-$1,999 120 11.2
    $2,000-$2,499 110 10.2
    $2,500-$2,999 113 10.5
    Others 530 49.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 997 35.2
    Not in the labour force 953 33.7
    Employed, worked part-time 665 23.5
    Unemployed, looking for work 140 4.9
    Employed, away from work 74 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 259 14.9
    Professionals 353 20.3
    Technicians & trades workers 280 16.1
    Clerical & administrative workers 240 13.8
    Sales 210 12.1
    Others 397 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 36 3.8
    Infants/Primary 395 41.7
    Secondary 284 30.0
    Technical or Further Educational Institution 62 6.5
    University or other Tertiary Institutions 149 15.7
    Others 21 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3509 99.7
    Semi-detached, row or terrace house, townhouse 6 0.2
    Flat, unit or apartment 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 593 49.5
    Fully owned 439 36.6
    Rented 153 12.8
    Other tenure type 14 1.2
    Tenure Type
Census 2011, ABS
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