Suburb Profile Report for Burpengary QLD (4505)

Burpengary House: Median price $450,000, Annual capital growth 1.66%, Number of sales 198, Weekly median advertised rent $405

Burpengary Unit: Median price $252,500, Annual capital growth -0.02%, Number of sales 37, Weekly median advertised rent $320

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

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

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QLD has seen average median house prices change by 0.78% which means that Burpengary, 4505 has done well for property investors by showing a capital gain of 1.12% over the last year

If we look at median property appreciation over just the last three months, Burpengary has given property investors a paper return of 0.00%. This puts Suburb as 345 on a list of fastest fasting appreciating suburbs in QLD

Vendor discounting in Burpengary is giving property investors an average Vendor Discount of around -4.78%. This puts suburb at number 631th in QLD when ranking the most discounted suburbs.

In the last year 198 properties changed hands in Burpengary, which puts it as the 42th most active market in QLD when comparing the number of sales per suburb.

Advertised rents are around the $405 mark per week – giving a return of 4.68% based on the median price in Suburb

Giving property investors a a stable capital gain of 3.91% for the last year, Burpengary, 4505 is the 389th highest performer in Australia in this respect.

The five-year average increase in median property values for Burpengary,4505 has given property investors a potential capital gain of 1.00% across each of those five years.

Vendor discounting in Burpengary is giving property investors an average Vendor Discount of around -5.54%. This puts suburb at number 149th in QLD when ranking the most discounted suburbs.

On average over the past year, suburb has had 3.08 sales per month, which equates to 37 per year.

Burpengary, 4505’s gross rental yield is 6.59%

Information supplied by:


June 2017

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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
$450,000 $252,500
0.00% -0.30%
1.12% 3.91%
1.66% -0.02%
$405 $320
198 37
4.68% 6.59%
62.2363636363636 80.2592592592593

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

DSR Score for property investment : Balanced (H), Good (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
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