Suburb Profile Report for Nambour QLD (4560)

Nambour House: Median price $478,000, Annual capital growth 3.97%, Number of sales 301, Weekly median advertised rent $440

Nambour Unit: Median price $320,000, Annual capital growth 3.13%, Number of sales 108, 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.

  • House Report
  • Unit Report

With a capital gain of 14.61% for the last 12 months, Nambour, 4560 has performed for property investments than its average annual 3.97% property growth over the last 5 years.

Nambour,4560 was ranked 1433 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Nambour are currently offering property investors an average price cut of -4.07% below the asking price at the moment.

A $440 per week rent on the median house gives suburb investors a gross yield of circa 4.79%, without taking into account capital value appreciation, which has been averaging out at 3.97%.

Over the last year, property investments in Nambour, 4560 have given investors a capital gain of 16.79%. This compares very favourably with the 8.71% for QLD as a whole.

Across a shorter period, Nambour, 4560 has seen a median price increase of 4.19% over the last quarter.

Property investors looking for a bargain in Nambour should be aiming for at least -2.91% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Nambour have been waiting around 59.2208 days to sell a property.

Metrics i HOUSE UNIT
$478,000 $320,000
5.99% 4.19%
14.61% 16.79%
3.97% 3.13%
$440 $335
301 108
4.79% 5.44%
36.3377777777778 59.2207792207792

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 : Very good (U), Very good (H)
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Demographics
Total population 10222
Median household income ($/weekly) 847
Median age of persons 39
Median housing loan repayment ($/monthly) 1600
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1296 12.7
    25-34 years 1308 12.8
    35-44 years 1260 12.3
    45-54 years 1254 12.3
    55-64 years 1165 11.4
    Others 3938 38.5
    Age Group
    Census Count Percent(%)
    Not Married 3303 45.8
    Registered Married 3120 43.2
    Defacto Relationship 795 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 8067 83.2
    Greece 69 0.7
    Papua New Guinea 336 3.5
    United Kingdom 517 5.3
    Other 252 2.6
    Others 458 4.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 144 1.6
    Christianity 6045 66.2
    Islam 50 0.5
    Other Religious Groups 52 0.6
    No Religion 2792 30.6
    Others 54 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 604 16.9
    $600-$799 455 12.7
    $800-$999 399 11.2
    $1,000-$1,249 358 10.0
    $1,500-$1,999 377 10.5
    Others 1381 38.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3314 42.7
    Employed, worked full-time 2286 29.5
    Employed, worked part-time 1504 19.4
    Unemployed, looking for work 382 4.9
    Employed, away from work 274 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 651 16.0
    Technicians & trades workers 647 15.9
    Community & personal service workers 555 13.7
    Clerical & administrative workers 578 14.2
    Labourers 590 14.5
    Others 1042 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 120 5.7
    Infants/Primary 836 40.1
    Secondary 571 27.4
    Technical or Further Educational Institution 211 10.1
    University or other Tertiary Institutions 282 13.5
    Others 67 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7489 79.5
    Flat, unit or apartment 1483 15.7
    Semi-detached, row or terrace house, townhouse 440 4.7
    House or flat attached to a shop, office 7 0.1
    Caravan, cabin, houseboat 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1507 38.9
    Being purchased 1260 32.5
    Fully owned 1044 26.9
    Other tenure type 65 1.7
    Tenure Type
Census 2011, ABS
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