Suburb Profile Report for Nambour QLD (4560)

Nambour House: Median price $405,000, Annual capital growth 1.85%, Number of sales 210, Weekly median advertised rent $400

Nambour Unit: Median price $262,000, Annual capital growth 1.13%, Number of sales 54, Weekly median advertised rent $300

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

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

  • House Report
  • Unit Report

Nambour is in the TOP 30% in QLD when comparing median price capital growth over the last year. Nambour gave property investors a good capital gain figure when compared to the rest of the state, with 3.85%.

Comparing Nambour,4560 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Vendor discounting in Nambour is giving property investors an average Vendor Discount of around -5.46%. This puts suburb at number 519th in QLD when ranking the most discounted suburbs.

In the last year 210 properties changed hands in Nambour, which puts it as the 33th most active market in QLD when comparing the number of sales per suburb.

If you compare the increase in value of investment property in Nambour, 4560 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was -1.13%.

The five-year average increase in median property values for Nambour,4560 has given property investors a potential capital gain of 22.43% across each of those five years.

Sellers are offering property buyers an average discount of -7.11% to buyers in Nambour at the moment, which is less than average for the rest of QLD.

Advertised rents are around the $300 mark per week – giving a return of 5.95% based on the median price in Suburb

Metrics i HOUSE UNIT
$405,000 $262,000
1.25% -2.06%
3.85% -1.13%
1.85% 1.13%
$400 $300
210 54
5.14% 5.95%
66.0446927374302 96.7446808510638

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

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