Suburb Profile Report for Bellara QLD (4507)

Bellara House: Median price $440,000, Annual capital growth 3.08%, Number of sales 79, Weekly median advertised rent $400

Bellara Unit: Median price $365,000, Annual capital growth 1.57%, Number of sales 37, Weekly median advertised rent $350

  • 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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  • House Report
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Giving property investors a an unimpressive capital gain of 7.32% for the last year, Bellara, 4507 is the 3160th highest performer in Australia in this respect.

Bellara,4507 has offered an average of 7.32% return per annum in house price rises to property investors over the last three years.

At number 461th of QLD’s most discounted properties, Bellara is in the middle of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Bellara the average time real estate has been on the market is 67.6724 days.

Renters in Suburb are facing rents around $20800 per annum or $400 every week.

QLD has seen average median house prices change by 8.71% which means that Bellara, 4507 has done well for property investors by showing a capital gain of 16.99% over the last year

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

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.64% offered to property buyers. Sellers in Bellara itself are offering an average vendor discount of -4.93% to real estate investors.

In the last year 37 properties changed hands in Bellara, which puts it as the 233th most active market in QLD when comparing the number of sales per suburb.

A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.99%, without taking into account capital value appreciation, which has been averaging out at 1.57%.

Information supplied by:


January 2018

M
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W
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Affordability gives an edge

Postcode: 4507

Median house price: $362,500

Three-year growth: 10.5%

Rental yield: 5.5%

A suburb of the Moreton Bay region, Bellara’s low-priced houses could be contributing to its growth spurt over the past five years.

The median value is just over $360,000 following 12.4% growth over the past 12 months leading up to November 2017. Moreover, rental returns average 5.5%, an excellent rate for investors. With Bellara looking to maintain this positive trend, it’s wise to keep an eye on this suburb.

Bellara is located west of Bribie Island and south of Banksia Beach – thus, it’s perfect for those who like to be close to nature and to the coast. Pumicestone Passage is nearby as well. To Bellara’s south, the suburb of Bongaree is home to Bribie Island State School and Bribie Island State High School.

Metrics i HOUSE UNIT
$440,000 $365,000
1.15% 0.00%
7.32% 16.99%
3.08% 1.57%
$400 $350
79 37
4.73% 4.99%
67.6724137931035 84.7619047619048

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 3156
Median household income ($/weekly) 667
Median age of persons 54
Median housing loan repayment ($/monthly) 1560
Average household size 2
  • Census Count Percent(%)
    5-14 years 296 9.4
    45-54 years 402 12.7
    55-64 years 504 16.0
    65-74 years 549 17.4
    75-84 years 376 11.9
    Others 1029 32.6
    Age Group
    Census Count Percent(%)
    Not Married 1164 46.9
    Registered Married 1107 44.6
    Defacto Relationship 209 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2435 81.8
    Greece 22 0.7
    Papua New Guinea 125 4.2
    United Kingdom 246 8.3
    Other 36 1.2
    Others 114 3.8
    Country of Birth
    Census Count Percent(%)
    Christianity 2105 73.7
    No Religion 715 25.0
    Buddhism 17 0.6
    Other Religious Groups 12 0.4
    Islam 7 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 96 7.3
    $300-$399 160 12.1
    $400-$599 294 22.3
    $600-$799 197 15.0
    $800-$999 162 12.3
    Others 408 31.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1511 59.1
    Employed, worked full-time 505 19.8
    Employed, worked part-time 357 14.0
    Unemployed, looking for work 99 3.9
    Employed, away from work 83 3.2
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 159 16.9
    Community & personal service workers 119 12.6
    Clerical & administrative workers 126 13.4
    Sales 128 13.6
    Labourers 144 15.3
    Others 267 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 21 4.6
    Infants/Primary 195 42.9
    Secondary 158 34.7
    Technical or Further Educational Institution 37 8.1
    University or other Tertiary Institutions 29 6.4
    Others 15 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2379 80.2
    Flat, unit or apartment 372 12.5
    Semi-detached, row or terrace house, townhouse 139 4.7
    Caravan, cabin, houseboat 77 2.6
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 581 41.1
    Rented 544 38.5
    Being purchased 283 20.0
    Other tenure type 6 0.4
    Tenure Type
Census 2011, ABS
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