Suburb Profile Report for Kooralbyn QLD (4285)

Kooralbyn House: Median price $354,000, Annual capital growth 0.95%, Number of sales 40, Weekly median advertised rent $345

Kooralbyn Unit: Median price $94,000, Annual capital growth -3.68%, Number of sales 13, Weekly median advertised rent $248

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

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

  • House Report
  • Unit Report

Kooralbyn is in the TOP 30% in QLD when comparing median price capital growth over the last year. Kooralbyn gave property investors a good capital gain figure when compared to the rest of the state, with 4.12%.

Over the longer term, Kooralbyn has seen property prices show investors a 4.27% return over the last 3 years. This is worse than over the last 12 months

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Kooralbyn, 4285. Typically our figures indicate that -7.49% is being offered, which puts this QLD suburb at 1124th most discounted overall in Australia.

On average over the past year, suburb has had 3.33 sales per month, which equates to 40 per year.

Kooralbyn is 304th on a list of best yielding suburbs for rents in QLD with a 5.07% return

If you compare the increase in value of investment property in Kooralbyn, 4285 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -22.47%.

Kooralbyn,4285 has offered an average of -22.47% return per annum in house price rises to property investors over the last three years.

Renters in Suburb are facing rents around $12870 per annum or $247.5 every week.

Metrics i HOUSE UNIT
$354,000 $94,000
1.72% -9.40%
4.12% -22.47%
0.95% -3.68%
$345 $248
40 13
5.07% 13.69%
170.931034482759 N/A

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

DSR Score for property investment : Below average (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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