Suburb Profile Report for Narangba QLD (4504)

Narangba House: Median price $480,000, Annual capital growth 1.28%, Number of sales 328, Weekly median advertised rent $420

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

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

  • House Report

At number 1960th in the list of Australian suburbs ordered by increase in median house value over the last year, Narangba, 4504 is in the top half with a property value increase of -1.03% recorded in median house prices.

Across a shorter period, Narangba, 4504 has seen a median price increase of -3.03% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Narangba is offering property investors an average of -7.03. This rate of discount on properties puts Suburb at number 608th in terms of most discounted suburbs in QLD

Often selling an investment property can take time, and in Narangba the average time real estate has been on the market is 71.4201 days.

Metrics i HOUSE UNIT
$480,000 N/A
-3.03% N/A
-1.03% N/A
1.28% N/A
$420 N/A
328 N/A
4.55% N/A
71.4201388888889 N/A

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

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 16223
Median household income ($/weekly) 1695
Median age of persons 31
Median housing loan repayment ($/monthly) 2167
Average household size 3.2
  • Census Count Percent(%)
    0-4 years 1494 9.2
    5-14 years 3067 18.9
    25-34 years 2136 13.2
    35-44 years 2952 18.2
    45-54 years 2072 12.8
    Others 4502 27.8
    Age Group
    Census Count Percent(%)
    Registered Married 6354 58.1
    Not Married 3393 31.0
    Defacto Relationship 1193 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 12786 81.5
    Papua New Guinea 841 5.4
    South Africa 132 0.8
    United Kingdom 1160 7.4
    Other 290 1.8
    Others 470 3.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 83 0.6
    Christianity 10665 71.3
    Hinduism 41 0.3
    Other Religious Groups 54 0.4
    No Religion 4098 27.4
    Others 22 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 439 10.1
    $1,250-$1,499 436 10.0
    $1,500-$1,999 784 18.0
    $2,000-$2,499 713 16.4
    $2,500-$2,999 474 10.9
    Others 1505 34.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5351 47.5
    Not in the labour force 2654 23.6
    Employed, worked part-time 2324 20.6
    Employed, away from work 485 4.3
    Unemployed, looking for work 450 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 883 10.8
    Professionals 1232 15.1
    Technicians & trades workers 1451 17.8
    Clerical & administrative workers 1454 17.8
    Sales 863 10.6
    Others 2275 27.9
    Occupation
    Census Count Percent(%)
    Pre-school 245 5.4
    Infants/Primary 2142 46.9
    Secondary 1319 28.9
    Technical or Further Educational Institution 295 6.5
    University or other Tertiary Institutions 437 9.6
    Others 125 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 15469 98.8
    Semi-detached, row or terrace house, townhouse 90 0.6
    Flat, unit or apartment 80 0.5
    House or flat attached to a shop, office 7 0.0
    Caravan, cabin, houseboat 4 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2834 58.8
    Rented 1061 22.0
    Fully owned 913 19.0
    Other tenure type 8 0.2
    Tenure Type
Census 2011, ABS
Chart Table