Suburb Profile Report for Kooralbyn QLD (4285)

Kooralbyn House: Median price $360,000, Annual capital growth 0.88%, Number of sales 41, Weekly median advertised rent $345

Kooralbyn Unit: Median price $102,500, Annual capital growth -0.11%, Number of sales 12, Weekly median advertised rent $248

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

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

  • House Report
  • Unit Report

Property value increases in Kooralbyn have tracked just higher than the QLD average of 0.38% over the last 12 months.

Kooralbyn,4285 has offered an average of 4.65% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Kooralbyn are currently offering property investors an average price cut of -7.54% below the asking price at the moment.

Residents and property investors in Kooralbyn have been waiting around 156.467 days to sell a property.

Using the current median advertised rental of $345 and the average annual increase in value of a median property of 0.88%, investors should hope to achieve an overall return of 4.98%

Over the last year, property investments in Kooralbyn, 4285 have given investors a capital gain of -4.65%. This compares badly with the -1.29% for QLD as a whole.

Kooralbyn,4285 was ranked 1128 in Australia by increase in median property value over the quarter.

With the median price for a house in Kooralbyn being $102500 and the advertised rent reaching $247.5 the gross rental yield for property investors calculates out to be 12.56%

Metrics i HOUSE UNIT
$360,000 $102,500
1.69% -1.20%
4.65% -4.65%
0.88% -0.11%
$345 $248
41 12
4.98% 12.56%
156.466666666667 N/A

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

DSR Score for property investment : Balanced (H), Poor (U)
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Demographics
Total population 1371
Median household income ($/weekly) 781
Median age of persons 42
Median housing loan repayment ($/monthly) 1560
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 191 13.9
    35-44 years 189 13.8
    45-54 years 196 14.3
    55-64 years 216 15.7
    65-74 years 178 13.0
    Others 402 29.3
    Age Group
    Census Count Percent(%)
    Registered Married 484 49.5
    Not Married 363 37.2
    Defacto Relationship 130 13.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 980 75.9
    Greece 16 1.2
    Papua New Guinea 67 5.2
    United Kingdom 133 10.3
    Other 33 2.6
    Others 62 4.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 13 1.1
    Christianity 870 70.9
    Islam 6 0.5
    Other Religious Groups 7 0.6
    No Religion 325 26.5
    Others 6 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 101 20.5
    $600-$799 62 12.6
    $800-$999 54 11.0
    $1,000-$1,249 48 9.7
    $1,500-$1,999 46 9.3
    Others 182 36.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 506 48.7
    Employed, worked full-time 297 28.6
    Employed, worked part-time 152 14.6
    Unemployed, looking for work 52 5.0
    Employed, away from work 31 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 67 13.9
    Technicians & trades workers 80 16.6
    Community & personal service workers 61 12.6
    Clerical & administrative workers 87 18.0
    Labourers 61 12.6
    Others 127 26.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 116 43.9
    Secondary 100 37.9
    Technical or Further Educational Institution 14 5.3
    University or other Tertiary Institutions 16 6.1
    Other type of educational institution 11 4.2
    Others 7 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1095 85.8
    Semi-detached, row or terrace house, townhouse 125 9.8
    Flat, unit or apartment 51 4.0
    Caravan, cabin, houseboat 5 0.4
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 236 43.9
    Fully owned 170 31.7
    Rented 125 23.3
    Other tenure type 6 1.1
    Tenure Type
Census 2011, ABS
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