Suburb Profile Report for Coombabah QLD (4216)

Coombabah House: Median price $480,000, Annual capital growth 1.90%, Number of sales 121, Weekly median advertised rent $450

Coombabah Unit: Median price $340,000, Annual capital growth 0.95%, Number of sales 103, 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
  • Unit Report

Giving property investors a a stable capital gain of 0.95% for the last year, Coombabah, 4216 is the 1521th highest performer in Australia in this respect.

A 22.45% growth in median value for property investors in Coombabah,4216 puts this suburb at number 692th in terms of best performing suburbs in QLD

Coombabah4216 is located in QLD which offers an average discount of -7.01% to property investors. Coombabah itself is showing figures that indicate -6.47% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Coombabah have been waiting around 86.4242 days to sell a property.

Renters in Suburb are facing rents around $23400 per annum or $450 every week.

Property value increases in Coombabah have tracked just lower than the QLD average of -0.57% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Coombabah comes in at number 141th in QLD.

Coombabah, 4216 is offering QLD ‘s 172th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.

Residents and property investors in Coombabah have been waiting around 91.6753 days to sell a property.

A $430 per week rent on the median house gives suburb investors a gross yield of circa 6.58%, without taking into account capital value appreciation, which has been averaging out at 0.95%.

Metrics i HOUSE UNIT
$480,000 $340,000
-2.54% -4.23%
0.95% -4.76%
1.90% 0.95%
$450 $430
121 103
4.88% 6.58%
86.4242424242424 91.6753246753247

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 : Balanced (H), Very 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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