Suburb Profile Report for Peregian Springs QLD (4573)

Peregian Springs House: Median price $650,000, Annual capital growth 2.19%, Number of sales 187, Weekly median advertised rent $530

Peregian Springs Unit: Median price $489,000, Annual capital growth 6.24%, Number of sales 19, Weekly median advertised rent $475

  • 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.

  • House Report
  • Unit Report

At number 1761th in the list of Australian suburbs ordered by increase in median house value over the last year, Peregian Springs, 4573 is in the top half with a property value increase of 1.56% recorded in median house prices.

The five-year average increase in median property values for Peregian Springs,4573 has given property investors a potential capital gain of 18.07% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Peregian Springs is offering property investors an average of -6.78. This rate of discount on properties puts Suburb at number 491th in terms of most discounted suburbs in QLD

The QLD suburb of Peregian Springs, 4573 is in the Sunshine Coast (R) local government area.

Peregian Springs has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -17.82% to date .

While Peregian Springs,4573 ranked number 336th in QLD for increase in median house value (annualised) increase, it is ranked 3rd over the last 5 years.

Often selling an investment property can take time, and in Peregian Springs the average time real estate has been on the market is 82.3 days.

A $475 per week rent on the median house gives suburb investors a gross yield of circa 5.05%, without taking into account capital value appreciation, which has been averaging out at 6.24%.

Metrics i HOUSE UNIT
$650,000 $489,000
1.76% -15.32%
1.56% -17.82%
2.19% 6.24%
$530 $475
187 19
4.24% 5.05%
89.1216216216216 82.3

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), Good (U)
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Demographics
Total population 3948
Median household income ($/weekly) 1340
Median age of persons 37
Median housing loan repayment ($/monthly) 2167
Average household size 2.9
  • Census Count Percent(%)
    0-4 years 340 8.6
    5-14 years 794 20.1
    35-44 years 738 18.7
    45-54 years 451 11.4
    55-64 years 474 12.0
    Others 1153 29.2
    Age Group
    Census Count Percent(%)
    Registered Married 1678 65.2
    Not Married 640 24.9
    Defacto Relationship 257 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2729 71.8
    Papua New Guinea 208 5.5
    South Africa 75 2.0
    United Kingdom 531 14.0
    Other 91 2.4
    Others 168 4.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 1.0
    Christianity 2392 66.2
    Islam 10 0.3
    Other Religious Groups 9 0.2
    No Religion 1153 31.9
    Others 12 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 110 9.5
    $1,000-$1,249 115 9.9
    $1,250-$1,499 128 11.0
    $1,500-$1,999 168 14.5
    $2,000-$2,499 114 9.8
    Others 527 45.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 982 36.5
    Employed, worked full-time 952 35.4
    Employed, worked part-time 581 21.6
    Unemployed, looking for work 99 3.7
    Employed, away from work 76 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 279 17.4
    Professionals 357 22.2
    Technicians & trades workers 225 14.0
    Clerical & administrative workers 211 13.1
    Sales 198 12.3
    Others 336 20.9
    Occupation
    Census Count Percent(%)
    Pre-school 79 7.3
    Infants/Primary 572 53.1
    Secondary 258 23.9
    Technical or Further Educational Institution 44 4.1
    University or other Tertiary Institutions 106 9.8
    Others 19 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3499 93.6
    Semi-detached, row or terrace house, townhouse 233 6.2
    Flat, unit or apartment 6 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 448 34.9
    Rented 441 34.4
    Fully owned 387 30.2
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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