Suburb Profile Report for Bellara QLD (4507)

Bellara House: Median price $380,000, Annual capital growth 1.40%, Number of sales 62, Weekly median advertised rent $370

Bellara Unit: Median price $310,000, Annual capital growth 9.25%, Number of sales 29, Weekly median advertised rent $330

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

With a capital gain of -5.47% for the last 12 months, Bellara, 4507 has performed for property investments than its average annual 1.40% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Bellara,4507 has racked up an average of -5.47% over the period. This ranks it number 2030th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -6.59% to buyers in Bellara at the moment, which is less than average for the rest of QLD.

Often selling an investment property can take time, and in Bellara the average time real estate has been on the market is 68.6667 days.

Property investors should expect to get $370 weekly from the median priced house in this suburb.

Bellara is in the bottom 30% in QLD when comparing median price capital growth over the last year. Bellara gave property investors a disappointing capital gain figure when compared to the rest of the state, with -7.19%.

Taking the average capital gain, or increase in median house value, Bellara,4507 has racked up an average of -7.19% over the period. This ranks it number 665th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Bellara is giving property investors an average Vendor Discount of around -4.75%. This puts suburb at number 175th in QLD when ranking the most discounted suburbs.

In the last year 29 properties changed hands in Bellara, which puts it as the 190th most active market in QLD when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $17160 per annum or $330 every week.

Information supplied by:


January 2018

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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
$380,000 $310,000
-2.56% -0.32%
-5.47% -7.19%
1.40% 9.25%
$370 $330
62 29
5.06% 5.54%
68.6666666666667 100.565217391304

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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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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