Suburb Profile Report for Burpengary QLD (4505)

Burpengary House: Median price $455,000, Annual capital growth 2.17%, Number of sales 217, Weekly median advertised rent $395

Burpengary Unit: Median price $247,500, Annual capital growth -0.53%, Number of sales 40, Weekly median advertised rent $300

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

Over the last year, property investments in Burpengary, 4505 have given investors a capital gain of 7.31%. This compares favourably with the 2.19% for QLD as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Burpengary comes in at number 464th in QLD.

At number 707th of QLD’s most discounted properties, Burpengary is in the TOP 20% of the state/territory when listing in order of most discounted to least.

In the last year 217 properties changed hands in Burpengary, which puts it as the 38th most active market in QLD when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $20540 per annum or $395 every week.

Burpengary is an average performer in QLD when comparing median price capital growth over the last year. Burpengary gave property investors a good capital gain figure when compared to the rest of the state, with 3.34%.

While Burpengary,4505 ranked number 291th in QLD for increase in median house value (annualised) increase, it is ranked 235th over the last 5 years.

Property investors looking for a bargain in Burpengary should be aiming for at least -5.41% off the asking price, which is the average vendor discount being achieved at the moment.

A $300 per week rent on the median house gives suburb investors a gross yield of circa 6.30%, without taking into account capital value appreciation, which has been averaging out at -0.53%.

Information supplied by:


June 2017

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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.Full summary

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%.


 Close
Metrics i HOUSE UNIT
$455,000 $247,500
-1.09% -2.94%
7.31% 3.34%
2.17% -0.53%
$395 $300
217 40
4.51% 6.30%
57.53 96.75

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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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
Chart Table
Recent sales & rentals