Suburb Profile Report for Tamborine Mountain QLD (4272)

Tamborine Mountain House: Median price $573,750, Annual capital growth 2.36%, Number of sales 186, Weekly median advertised rent $480

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Tamborine Mountain is an average performer in QLD when comparing median price capital growth over the last year. Tamborine Mountain gave property investors a average capital gain figure when compared to the rest of the state, with 0.22%.

Taking the average capital gain, or increase in median house value, Tamborine Mountain,4272 has racked up an average of 0.22% over the period. This ranks it number 1123th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Tamborine Mountain is offering property investors an average of -6.92. This rate of discount on properties puts Suburb at number 260th in terms of most discounted suburbs in QLD

Often selling an investment property can take time, and in Tamborine Mountain the average time real estate has been on the market is 105.148 days.

Property investors should expect to get $480 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$573,750 N/A
2.46% N/A
0.22% N/A
2.36% N/A
$480 N/A
186 N/A
4.35% N/A
105.147651006711 N/A

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Below 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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