Suburb Profile Report for Arundel QLD (4214)

Arundel House: Median price $600,000, Annual capital growth 2.75%, Number of sales 149, Weekly median advertised rent $500

Arundel Unit: Median price $351,000, Annual capital growth 2.21%, Number of sales 113, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Arundel 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 9.09%

Arundel,4214 has offered an average of 9.09% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Arundel 4214 should be seeing an average reduction in asking price of around -4.46% . This means that Arundel is holding prices well when compared to other suburbs in QLD.

The QLD suburb of Arundel, 4214 is in the Gold Coast local government area.

With a capital gain of 4.78% for the last 12 months, Arundel, 4214 has performed for property investments than its average annual 2.21% property growth over the last 5 years.

Comparing Arundel,4214 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Arundel is offering property investors an average of -5.80. This rate of discount on properties puts Suburb at number 260th in terms of most discounted suburbs in QLD

Residents and property investors in Arundel have been waiting around 75.9 days to sell a property.

With the median price for a house in Arundel being $351000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 5.78%

Metrics i HOUSE UNIT
$600,000 $351,000
5.26% 0.29%
9.09% 4.78%
2.75% 2.21%
$500 $390
149 113
4.33% 5.78%
63.41 75.9

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 9573
Median household income ($/weekly) 1272
Median age of persons 36
Median housing loan repayment ($/monthly) 2050
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1340 14.0
    25-34 years 1167 12.2
    35-44 years 1424 14.9
    45-54 years 1423 14.9
    55-64 years 1005 10.5
    Others 3215 33.6
    Age Group
    Census Count Percent(%)
    Registered Married 3411 49.8
    Not Married 2771 40.5
    Defacto Relationship 666 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 5825 65.1
    Croatia 123 1.4
    Papua New Guinea 932 10.4
    United Kingdom 642 7.2
    Other 376 4.2
    Others 1050 11.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 142 1.7
    Christianity 5907 69.0
    Hinduism 78 0.9
    Islam 293 3.4
    No Religion 2093 24.4
    Others 53 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 301 10.4
    $1,000-$1,249 325 11.2
    $1,250-$1,499 292 10.1
    $1,500-$1,999 414 14.3
    $2,000-$2,499 296 10.2
    Others 1274 43.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2773 38.8
    Not in the labour force 2302 32.2
    Employed, worked part-time 1501 21.0
    Unemployed, looking for work 342 4.8
    Employed, away from work 236 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 550 12.2
    Professionals 792 17.6
    Technicians & trades workers 620 13.7
    Clerical & administrative workers 657 14.6
    Sales 587 13.0
    Others 1305 28.9
    Occupation
    Census Count Percent(%)
    Pre-school 124 5.2
    Infants/Primary 889 37.2
    Secondary 664 27.8
    Technical or Further Educational Institution 189 7.9
    University or other Tertiary Institutions 454 19.0
    Others 67 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7021 80.5
    Semi-detached, row or terrace house, townhouse 1241 14.2
    Flat, unit or apartment 459 5.3
    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 1284 40.8
    Rented 1081 34.4
    Fully owned 775 24.6
    Other tenure type 7 0.2
    Tenure Type
Census 2011, ABS
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