Suburb Profile Report for Dakabin QLD (4503)

Dakabin House: Median price $470,000, Annual capital growth 0.94%, Number of sales 63, Weekly median advertised rent $400

Dakabin Unit: Median price $520,000, Annual capital growth 7.38%, Number of sales 36, Weekly median advertised rent $338

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 3803th in the list of Australian suburbs ordered by increase in median house value over the last year, Dakabin, 4503 is in the BOTTOM 10% with a property value increase of 1.62% recorded in median house prices.

The five-year average increase in median property values for Dakabin,4503 has given property investors a potential capital gain of 4.44% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Dakabin is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 656th in terms of most discounted suburbs in QLD

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 0.94%, investors should hope to achieve an overall return of 4.43%

Property investors who have had real estate in Dakabin, 4503 should be pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 46.48%

When looking at the potential capital gains offered to property investors over the last 3 years, Dakabin comes in at number 8th in QLD.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.64% offered to property buyers. Sellers in Dakabin itself are offering an average vendor discount of -3.63% to real estate investors.

Residents and property investors in Dakabin have been waiting around 101.158 days to sell a property.

Renters in Suburb are facing rents around $17550 per annum or $337.5 every week.

Metrics i HOUSE UNIT
$470,000 $520,000
2.73% 1.96%
1.62% 46.48%
0.94% 7.38%
$400 $338
63 36
4.43% 3.38%
33.8297872340426 101.157894736842

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 1447
Median household income ($/weekly) 1627
Median age of persons 33
Median housing loan repayment ($/monthly) 1733
Average household size 3
  • Census Count Percent(%)
    5-14 years 251 17.4
    25-34 years 175 12.1
    35-44 years 251 17.4
    45-54 years 201 13.9
    55-64 years 136 9.4
    Others 432 29.9
    Age Group
    Census Count Percent(%)
    Registered Married 554 54.1
    Not Married 359 35.1
    Defacto Relationship 111 10.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1135 80.9
    Papua New Guinea 71 5.1
    South Africa 22 1.6
    United Kingdom 77 5.5
    Other 38 2.7
    Others 60 4.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 1.0
    Christianity 1000 74.3
    Hinduism 8 0.6
    Islam 6 0.4
    No Religion 311 23.1
    Others 6 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 38 9.3
    $1,250-$1,499 36 8.8
    $1,500-$1,999 66 16.1
    $2,000-$2,499 79 19.3
    $2,500-$2,999 42 10.3
    Others 148 36.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 474 44.7
    Not in the labour force 286 27.0
    Employed, worked part-time 223 21.0
    Employed, away from work 43 4.1
    Unemployed, looking for work 34 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 94 12.7
    Technicians & trades workers 122 16.5
    Community & personal service workers 82 11.1
    Clerical & administrative workers 155 20.9
    Sales 85 11.5
    Others 203 27.4
    Occupation
    Census Count Percent(%)
    Pre-school 25 6.9
    Infants/Primary 159 43.7
    Secondary 112 30.8
    Technical or Further Educational Institution 19 5.2
    University or other Tertiary Institutions 38 10.4
    Others 11 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1316 94.8
    Caravan, cabin, houseboat 54 3.9
    Flat, unit or apartment 14 1.0
    Semi-detached, row or terrace house, townhouse 4 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 246 53.8
    Rented 108 23.6
    Fully owned 103 22.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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