Suburb Profile Report for Kallangur QLD (4503)

Kallangur House: Median price $394,250, Annual capital growth 1.18%, Number of sales 347, Weekly median advertised rent $380

Kallangur Unit: Median price $290,000, Annual capital growth -1.31%, Number of sales 47, Weekly median advertised rent $320

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

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

  • House Report
  • Unit Report

At number 2455th in the list of Australian suburbs ordered by increase in median house value over the last year, Kallangur, 4503 is in the BOTTOM 40% with a property value increase of -1.44% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Kallangur,4503 has racked up an average of -1.44% over the period. This ranks it number 2208th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Kallangur is offering property investors an average of -6.78. This rate of discount on properties puts Suburb at number 553th in terms of most discounted suburbs in QLD

Advertised rents are around the $380 mark per week – giving a return of 5.01% based on the median price in Suburb

With a capital gain of 0.69% for the last 12 months, Kallangur, 4503 has performed for property investments than its average annual -1.31% property growth over the last 5 years.

A -12.65% growth in median value for property investors in Kallangur,4503 puts this suburb at number 139th in terms of best performing suburbs in QLD

Property investors looking for a bargain in Kallangur should be aiming for at least -4.67% off the asking price, which is the average vendor discount being achieved at the moment.

At number 1181 in a list of fastest selling suburbs, Kallangur is in the bottom 20% of suburbs in Australia with an average of days on market 107.152 for properties listed there.

Metrics i HOUSE UNIT
$394,250 $290,000
-0.19% 0.69%
-1.44% 0.69%
1.18% -1.31%
$380 $320
347 47
5.01% 5.74%
53.2769230769231 107.151515151515

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

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 18982
Median household income ($/weekly) 1191
Median age of persons 33
Median housing loan repayment ($/monthly) 1810
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 2454 12.9
    25-34 years 3199 16.9
    35-44 years 2617 13.8
    45-54 years 2288 12.1
    55-64 years 2050 10.8
    Others 6374 33.6
    Age Group
    Census Count Percent(%)
    Registered Married 6238 45.5
    Not Married 5579 40.7
    Defacto Relationship 1890 13.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 14789 81.6
    Papua New Guinea 1122 6.2
    South Africa 141 0.8
    United Kingdom 932 5.1
    Other 425 2.3
    Others 720 4.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 130 0.8
    Christianity 11990 69.4
    Hinduism 102 0.6
    Other Religious Groups 100 0.6
    No Religion 4895 28.3
    Others 56 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 696 11.0
    $1,000-$1,249 757 12.0
    $1,250-$1,499 654 10.3
    $1,500-$1,999 988 15.6
    $2,000-$2,499 711 11.2
    Others 2520 39.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6126 43.2
    Not in the labour force 4395 31.0
    Employed, worked part-time 2462 17.4
    Unemployed, looking for work 630 4.4
    Employed, away from work 573 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1069 11.7
    Technicians & trades workers 1546 16.9
    Clerical & administrative workers 1559 17.0
    Sales 1029 11.2
    Labourers 1116 12.2
    Others 2839 31.0
    Occupation
    Census Count Percent(%)
    Pre-school 255 6.6
    Infants/Primary 1639 42.7
    Secondary 1015 26.5
    Technical or Further Educational Institution 345 9.0
    University or other Tertiary Institutions 449 11.7
    Others 133 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 15750 87.8
    Semi-detached, row or terrace house, townhouse 1502 8.4
    Flat, unit or apartment 461 2.6
    Caravan, cabin, houseboat 207 1.2
    House or flat attached to a shop, office 18 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2859 42.1
    Rented 2365 34.9
    Fully owned 1501 22.1
    Other tenure type 60 0.9
    Tenure Type
Census 2011, ABS
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