Suburb Profile Report for Arundel QLD (4214)

Arundel House: Median price $575,000, Annual capital growth 2.27%, Number of sales 165, Weekly median advertised rent $530

Arundel Unit: Median price $347,500, Annual capital growth 0.60%, Number of sales 46, Weekly median advertised rent $420

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 2.22% for the last year, Arundel, 4214 is the 1604th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Arundel has given property investors a paper return of 2.68%. This puts Suburb as 197 on a list of fastest fasting appreciating suburbs in QLD

The most recent median price for Arundel is $575000, with sellers offering an average of -6.45% off the asking price.

Often selling an investment property can take time, and in Arundel the average time real estate has been on the market is 82.3282 days.

With the median price for a house in Arundel being $575000 and the advertised rent reaching $530 the gross rental yield for property investors calculates out to be 4.79%

At number 470th in the list of Australian suburbs ordered by increase in median house value over the last year, Arundel, 4214 is in the top 40% with a property value increase of 4.83% recorded in median house prices.

Arundel,4214 was ranked 210 in Australia by increase in median property value over the quarter.

Arundel, 4214 is offering QLD ‘s 112th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.

In the last year 46 properties changed hands in Arundel, which puts it as the 133th most active market in QLD when comparing the number of sales per suburb.

Using the current median advertised rental of $420 and the average annual increase in value of a median property of 0.60%, investors should hope to achieve an overall return of 6.28%

Metrics i HOUSE UNIT
$575,000 $347,500
2.68% 5.30%
2.22% 4.83%
2.27% 0.60%
$530 $420
165 46
4.79% 6.28%
82.3282442748092 73.84

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (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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