Suburb Profile Report for Burpengary QLD (4505)

Burpengary House: Median price $474,500, Annual capital growth 1.81%, Number of sales 291, Weekly median advertised rent $410

Burpengary Unit: Median price $276,000, Annual capital growth -0.89%, Number of sales 46, Weekly median advertised rent $335

  • 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.

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Investment property in Burpengary has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.92%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Burpengary has increased when compared to the 5 year average annual rate.

The most recent median price for Burpengary is $474500, with sellers offering an average of -3.72% off the asking price.

Renters in Suburb are facing rents around $21320 per annum or $410 every week.

At number 961th in the list of Australian suburbs ordered by increase in median house value over the last year, Burpengary, 4505 is in the BOTTOM 50% with a property value increase of 4.94% recorded in median house prices.

Burpengary,4505 was ranked 1259 in Australia by increase in median property value over the quarter.

The most recent median price for Burpengary is $276000, with sellers offering an average of -3.22% off the asking price.

At number 1189 in a list of fastest selling suburbs, Burpengary is in the bottom 30% of suburbs in Australia with an average of days on market 80.32 for properties listed there.

Advertised rents are around the $335 mark per week – giving a return of 6.31% based on the median price in Suburb

Information supplied by:


June 2017

M
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Situated within the Moreton Bay region, the suburb of Burpengary is regarded as one of the area’s fastest-growing residential suburbs, with many amenities popping up in recent years including major supermarkets like ALDI. 

There are also three primary schools and two high schools in town. For recreation, the Caboolture Regional Aquatic Centre is the place to be, with its many sports and picnic facilities. Burpengary is just 10km from the new satellite city of North Lakes, and it is served by a local railway station, making commutes easy. 

Thus, it is no surprise that the housing market has consistently grown, with the average rental return coming in at nearly 5%. While the unit market has stumbled slightly over the past 12 months, returns are very strong at 7%.


 
Metrics i HOUSE UNIT
$474,500 $276,000
3.49% 0.36%
3.92% 4.94%
1.81% -0.89%
$410 $335
291 46
4.49% 6.31%
43.192513368984 80.32

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), Good (H)
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Demographics
Total population 12963
Median household income ($/weekly) 1313
Median age of persons 36
Median housing loan repayment ($/monthly) 1771
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1956 15.1
    25-34 years 1439 11.1
    35-44 years 1863 14.4
    45-54 years 1961 15.1
    55-64 years 1553 12.0
    Others 4191 32.3
    Age Group
    Census Count Percent(%)
    Registered Married 4878 52.1
    Not Married 3473 37.1
    Defacto Relationship 1020 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 10336 83.1
    Papua New Guinea 551 4.4
    Philippines 84 0.7
    United Kingdom 774 6.2
    Other 238 1.9
    Others 452 3.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 108 0.9
    Christianity 8725 73.5
    Hinduism 28 0.2
    Other Religious Groups 65 0.5
    No Religion 2917 24.6
    Others 27 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 411 10.7
    $1,000-$1,249 403 10.5
    $1,250-$1,499 392 10.2
    $1,500-$1,999 597 15.5
    $2,000-$2,499 402 10.4
    Others 1651 42.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3942 40.4
    Not in the labour force 3078 31.6
    Employed, worked part-time 1904 19.5
    Unemployed, looking for work 416 4.3
    Employed, away from work 406 4.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 723 11.6
    Technicians & trades workers 1115 17.8
    Clerical & administrative workers 1043 16.7
    Sales 715 11.4
    Labourers 760 12.2
    Others 1897 30.3
    Occupation
    Census Count Percent(%)
    Pre-school 146 4.7
    Infants/Primary 1292 41.7
    Secondary 984 31.7
    Technical or Further Educational Institution 270 8.7
    University or other Tertiary Institutions 308 9.9
    Others 101 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10732 86.9
    Semi-detached, row or terrace house, townhouse 1197 9.7
    Flat, unit or apartment 384 3.1
    Caravan, cabin, houseboat 31 0.3
    House or flat attached to a shop, office 4 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2017 47.5
    Fully owned 1204 28.3
    Rented 995 23.4
    Other tenure type 32 0.8
    Tenure Type
Census 2011, ABS
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