Suburb Profile Report for Kurwongbah QLD (4503)

Kurwongbah House: Median price $735,000, Annual capital growth 7.40%, Number of sales 23, Weekly median advertised rent N/A

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.

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House Report

At number 119th in the list of Australian suburbs ordered by increase in median house value over the last year, Kurwongbah, 4503 is in the top 10% with a property value increase of 25.00% recorded in median house prices.

Kurwongbah,4503 has offered an average of 25.00% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Kurwongbah is offering property investors an average of -6.78. This rate of discount on properties puts Suburb at number 42th in terms of most discounted suburbs in QLD

Metrics	HOUSE	UNIT
Median price	$735,000	N/A
Quarterly growth	8.89%	N/A
12-month growth	25.00%	N/A
Average Annual Growth	7.40%	N/A
Weekly median advertised rent	N/A	N/A
Number of sales	23	N/A
Gross rental yield	N/A	N/A
Days on market	73.4090909090909	N/A

DSR Score for property investment : Good (H), Above average (U)

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Demographics

Total population	1420
Median household income ($/weekly)	1593
Median age of persons	38
Median housing loan repayment ($/monthly)	2000
Average household size	3.1

Census	Count	Percent(%)
5-14 years	203	14.3
25-34 years	157	11.1
35-44 years	212	14.9
45-54 years	196	13.8
55-64 years	208	14.6
Others	444	31.3

Age Group

Census	Count	Percent(%)
Registered Married	624	59.3
Not Married	363	34.5
Defacto Relationship	65	6.2

Social Marital Status

Census	Count	Percent(%)
Australia	1155	84.2
Papua New Guinea	50	3.6
South Africa	20	1.5
United Kingdom	64	4.7
Other	26	1.9
Others	56	4.1

Country of Birth

Census	Count	Percent(%)
Buddhism	12	0.9
Christianity	924	71.1
Islam	7	0.5
Other Religious Groups	7	0.5
No Religion	343	26.4
Others	6	0.5

Religious Affiliation

Census	Count	Percent(%)
$1,000-$1,249	42	10.6
$1,250-$1,499	32	8.1
$1,500-$1,999	62	15.6
$2,000-$2,499	52	13.1
$2,500-$2,999	44	11.1
Others	165	41.6

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	439	40.9
Not in the labour force	344	32.0
Employed, worked part-time	226	21.0
Unemployed, looking for work	37	3.4
Employed, away from work	28	2.6

Person Characteristics

Census	Count	Percent(%)
Managers	81	11.6
Professionals	121	17.4
Technicians & trades workers	151	21.7
Community & personal service workers	71	10.2
Clerical & administrative workers	91	13.1
Others	182	26.1

Occupation

Census	Count	Percent(%)
Pre-school	21	6.1
Infants/Primary	136	39.7
Secondary	103	30.0
Technical or Further Educational Institution	25	7.3
University or other Tertiary Institutions	48	14.0
Others	10	2.9

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	1370	99.1
Semi-detached, row or terrace house, townhouse	8	0.6
Flat, unit or apartment	5	0.4
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0