Suburb Profile Report for Tamborine Mountain QLD (4272)

Tamborine Mountain House: Median price $530,000, Annual capital growth 1.64%, Number of sales 201, Weekly median advertised rent $450

Tamborine Mountain Unit: Median price $390,000, Annual capital growth 6.86%, Number of sales 27, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 1.92% for the last 12 months, Tamborine Mountain, 4272 has performed for property investments than its average annual 1.64% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tamborine Mountain has increased when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that Tamborine Mountain is offering property investors an average of -6.63. This rate of discount on properties puts Suburb at number 416th in terms of most discounted suburbs in QLD

On average over the past year, suburb has had 16.75 sales per month, which equates to 201 per year.

Advertised rents are around the $450 mark per week – giving a return of 4.42% based on the median price in Suburb

At number 657th in the list of Australian suburbs ordered by increase in median house value over the last year, Tamborine Mountain, 4272 is in the top 40% with a property value increase of 6.85% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Tamborine Mountain,4272 has racked up an average of 6.85% over the period. This ranks it number 211th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -2.61% to buyers in Tamborine Mountain at the moment, which is less than average for the rest of QLD.

Metrics i HOUSE UNIT
$530,000 $390,000
-0.14% N/A
1.92% 6.85%
1.64% 6.86%
$450 N/A
201 27
4.42% N/A
92.98 98.41

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 7030
Median household income ($/weekly) 982
Median age of persons 47
Median housing loan repayment ($/monthly) 1777
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 914 13.0
    35-44 years 905 12.9
    45-54 years 1108 15.8
    55-64 years 1246 17.7
    65-74 years 949 13.5
    Others 1909 27.2
    Age Group
    Census Count Percent(%)
    Registered Married 3039 57.8
    Not Married 1783 33.9
    Defacto Relationship 439 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4893 72.1
    Greece 108 1.6
    Papua New Guinea 381 5.6
    United Kingdom 793 11.7
    Other 209 3.1
    Others 405 6.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 140 2.2
    Christianity 4151 64.8
    Judaism 19 0.3
    Other Religious Groups 77 1.2
    No Religion 2003 31.3
    Others 16 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 338 13.5
    $600-$799 338 13.5
    $800-$999 271 10.8
    $1,000-$1,249 225 9.0
    $1,500-$1,999 291 11.6
    Others 1048 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2352 42.0
    Employed, worked full-time 1656 29.6
    Employed, worked part-time 1202 21.5
    Unemployed, looking for work 194 3.5
    Employed, away from work 190 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 457 15.0
    Professionals 786 25.8
    Technicians & trades workers 451 14.8
    Community & personal service workers 331 10.9
    Clerical & administrative workers 340 11.1
    Others 685 22.5
    Occupation
    Census Count Percent(%)
    Pre-school 66 4.7
    Infants/Primary 605 43.2
    Secondary 429 30.7
    Technical or Further Educational Institution 84 6.0
    University or other Tertiary Institutions 161 11.5
    Others 54 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6373 96.1
    Semi-detached, row or terrace house, townhouse 105 1.6
    Flat, unit or apartment 58 0.9
    Caravan, cabin, houseboat 19 0.3
    House or flat attached to a shop, office 73 1.1
    Others 6 0.1
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1086 39.7
    Fully owned 1073 39.2
    Rented 565 20.6
    Other tenure type 14 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals