Suburb Profile Report for Benowa QLD (4217)

Benowa House: Median price $868,000, Annual capital growth 2.50%, Number of sales 142, Weekly median advertised rent $800

Benowa Unit: Median price $550,000, Annual capital growth 3.93%, Number of sales 84, Weekly median advertised rent $550

  • 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

Benowa, 4217 ranked 521th in QLD when comparing growth in median property values or capital gain over the last 12 months. Benowa is one of 2415 in our list for QLD

The five-year average increase in median property values for Benowa,4217 has given property investors a potential capital gain of 25.34% across each of those five years.

Sellers are offering property buyers an average discount of -7.16% to buyers in Benowa at the moment, which is less than average for the rest of QLD.

Using the current median advertised rental of $800 and the average annual increase in value of a median property of 2.50%, investors should hope to achieve an overall return of 4.79%

Benowa has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 18.28% to date .

Benowa,4217 has offered an average of 18.28% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -5.99% to buyers in Benowa at the moment, which is less than average for the rest of QLD.

Using the current median advertised rental of $550 and the average annual increase in value of a median property of 3.93%, investors should hope to achieve an overall return of 5.20%

Metrics i HOUSE UNIT
$868,000 $550,000
1.05% 4.27%
-1.48% 18.28%
2.50% 3.93%
$800 $550
142 84
4.79% 5.20%
79.1531531531532 89.2352941176471

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), Above average (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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