Suburb Profile Report for Coombabah QLD (4216)

Coombabah House: Median price $480,000, Annual capital growth 1.32%, Number of sales 149, Weekly median advertised rent $460

Coombabah Unit: Median price $355,000, Annual capital growth 0.69%, Number of sales 95, Weekly median advertised rent $438

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

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

  • House Report
  • Unit Report

Coombabah, 4216 ranked 622th in QLD when comparing growth in median property values or capital gain over the last 12 months. Coombabah is one of 2415 in our list for QLD

The five-year average increase in median property values for Coombabah,4216 has given property investors a potential capital gain of 11.63% across each of those five years.

Property buyers and investors in Coombabah 4216 should be seeing an average reduction in asking price of around -5.26% . This means that Coombabah is holding prices well when compared to other suburbs in QLD.

Advertised rents are around the $460 mark per week – giving a return of 4.98% based on the median price in Suburb

At number 793th in the list of Australian suburbs ordered by increase in median house value over the last year, Coombabah, 4216 is in the BOTTOM 50% with a property value increase of 0.00% recorded in median house prices.

Over the longer term, Coombabah has seen property prices show investors a 2.90% return over the last 3 years. This is worse than over the last 12 months

Our latest figures would indicate that property sellers in Coombabah are currently offering property investors an average price cut of -4.74% below the asking price at the moment.

Metrics i HOUSE UNIT
$480,000 $355,000
2.13% 0.00%
-2.54% 0.00%
1.32% 0.69%
$460 $438
149 95
4.98% 6.41%
61.4836065573771 97.1538461538462

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 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 9774
Median household income ($/weekly) 793
Median age of persons 45
Median housing loan repayment ($/monthly) 1886
Average household size 2.2
  • Census Count Percent(%)
    25-34 years 1110 11.4
    35-44 years 1207 12.3
    45-54 years 1098 11.2
    55-64 years 1246 12.7
    65-74 years 1327 13.6
    Others 3786 38.7
    Age Group
    Census Count Percent(%)
    Registered Married 3514 46.7
    Not Married 3217 42.8
    Defacto Relationship 789 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 6024 65.6
    Papua New Guinea 1037 11.3
    South Africa 107 1.2
    United Kingdom 1032 11.2
    Other 319 3.5
    Others 670 7.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 89 1.0
    Christianity 6529 73.7
    Islam 113 1.3
    Other Religious Groups 39 0.4
    No Religion 2049 23.1
    Others 40 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 400 10.4
    $400-$599 789 20.5
    $600-$799 506 13.1
    $800-$999 406 10.5
    $1,500-$1,999 367 9.5
    Others 1381 35.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3460 45.0
    Employed, worked full-time 2281 29.7
    Employed, worked part-time 1366 17.8
    Unemployed, looking for work 354 4.6
    Employed, away from work 231 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 500 12.9
    Technicians & trades workers 661 17.1
    Clerical & administrative workers 564 14.6
    Sales 584 15.1
    Labourers 435 11.2
    Others 1129 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 103 6.2
    Infants/Primary 694 41.8
    Secondary 411 24.7
    Technical or Further Educational Institution 172 10.3
    University or other Tertiary Institutions 216 13.0
    Others 66 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5115 55.4
    Semi-detached, row or terrace house, townhouse 3568 38.6
    Caravan, cabin, houseboat 550 6.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1623 39.5
    Rented 1412 34.3
    Being purchased 1050 25.5
    Other tenure type 26 0.6
    Tenure Type
Census 2011, ABS
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