Suburb Profile Report for Benowa QLD (4217)

Benowa House: Median price $880,000, Annual capital growth 2.31%, Number of sales 151, Weekly median advertised rent $690

Benowa Unit: Median price $625,000, Annual capital growth 5.57%, Number of sales 135, Weekly median advertised rent $585

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 10.00% for the last year, Benowa, 4217 is the 1667th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Benowa,4217 has racked up an average of 10.00% over the period. This ranks it number 2088th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Benowa is offering property investors an average of -2.72. This rate of discount on properties puts Suburb at number 4th in terms of most discounted suburbs in QLD

Benowa is 565th on a list of best yielding suburbs for rents in QLD with a 4.08% return

QLD has seen average median house prices change by -0.09% which means that Benowa, 4217 has not done well for property investors by showing a capital gain of 31.58% over the last year

While Benowa,4217 ranked number 52th in QLD for increase in median house value (annualised) increase, it is ranked 209th over the last 5 years.

In the last year 135 properties changed hands in Benowa, which puts it as the 70th most active market in QLD when comparing the number of sales per suburb.

Advertised rents are around the $585 mark per week – giving a return of 4.87% based on the median price in Suburb

Metrics i HOUSE UNIT
$880,000 $625,000
0.46% 4.17%
10.00% 31.58%
2.31% 5.57%
$690 $585
151 135
4.08% 4.87%
8.83 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 7978
Median household income ($/weekly) 1387
Median age of persons 42
Median housing loan repayment ($/monthly) 2167
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1169 14.7
    35-44 years 1119 14.0
    45-54 years 1265 15.9
    55-64 years 1048 13.1
    65-74 years 722 9.0
    Others 2656 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 3208 55.1
    Not Married 2217 38.1
    Defacto Relationship 396 6.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 5005 66.1
    South Korea 163 2.2
    Papua New Guinea 562 7.4
    United Kingdom 570 7.5
    Other 346 4.6
    Others 923 12.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 196 2.7
    Christianity 5434 74.2
    Islam 65 0.9
    Other Religious Groups 64 0.9
    No Religion 1467 20.0
    Others 94 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 227 9.4
    $600-$799 218 9.0
    $1,500-$1,999 279 11.6
    $2,000-$2,499 214 8.9
    $2,500-$2,999 238 9.9
    Others 1237 51.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2163 35.6
    Employed, worked full-time 2153 35.4
    Employed, worked part-time 1282 21.1
    Unemployed, looking for work 259 4.3
    Employed, away from work 217 3.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 594 16.3
    Professionals 786 21.5
    Technicians & trades workers 418 11.4
    Clerical & administrative workers 559 15.3
    Sales 491 13.4
    Others 804 22.0
    Occupation
    Census Count Percent(%)
    Pre-school 132 6.7
    Infants/Primary 752 38.2
    Secondary 624 31.7
    Technical or Further Educational Institution 116 5.9
    University or other Tertiary Institutions 311 15.8
    Others 36 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5128 68.7
    Semi-detached, row or terrace house, townhouse 2244 30.1
    Flat, unit or apartment 91 1.2
    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 1064 39.8
    Fully owned 978 36.6
    Rented 590 22.1
    Other tenure type 40 1.5
    Tenure Type
Census 2011, ABS
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