Suburb Profile Report for Pialba QLD (4655)

Pialba House: Median price $399,500, Annual capital growth 3.45%, Number of sales 112, Weekly median advertised rent $400

Pialba Unit: Median price $262,500, Annual capital growth 0.13%, Number of sales 66, Weekly median advertised rent $330

  • 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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Property value increases in Pialba have tracked higher than the QLD average of 12.16% over the last 12 months.

The five-year average increase in median property values for Pialba,4655 has given property investors a potential capital gain of 37.76% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Pialba, 4655. Typically our figures indicate that -4.28% is being offered, which puts this QLD suburb at 1274th most discounted overall in Australia.

If you compare the increase in value of investment property in Pialba, 4655 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 11.70%.

When looking at the potential capital gains offered to property investors over the last 3 years, Pialba comes in at number 150th in QLD.

Property investors looking for a bargain in Pialba should be aiming for at least -3.88% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $330 weekly from the median priced house in this suburb.

Information supplied by:


April 2019

M
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High returns and low expense

Postcode: 4655

Median unit price: $240,000

Three-year growth: 0.0%

Rental yield: 6.3%

The suburb of Pialba is regarded as the CBD of the Hervey Bay region, with many amenities are within easy reach.

There are shops and restaurants in the vicinity, along with medical centres and clubs. It is also situated near the beach, and residents enjoy the best of both worlds. The low levels of traffic are great for those who struggle with the stresses of city living. The Hervey Bay Library, which first opened in 1997, was given an upgrade in 2014 to modernise the venue; nonetheless, this is a suburb that knows how to appreciate history, with the Pialba Memorial Cenotaph being one of Australia’s heritage-listed sites.

Pialba units offer excellent yields at an average of 6.3%  as of February 2019. It’s also an very affordable market, with apartment values coming in at a median of under $250,000.

Metrics i HOUSE UNIT
$399,500 $262,500
1.78% 6.49%
22.92% 11.70%
3.45% 0.13%
$400 $330
112 66
5.21% 6.54%
66.3291139240506 47.8

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 (H), Very good (U)
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Demographics
Total population 3527
Median household income ($/weekly) 664
Median age of persons 45
Median housing loan repayment ($/monthly) 1200
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 402 11.4
    35-44 years 371 10.5
    45-54 years 386 10.9
    55-64 years 480 13.6
    65-74 years 543 15.4
    Others 1345 38.1
    Age Group
    Census Count Percent(%)
    Not Married 1215 46.4
    Registered Married 1116 42.6
    Defacto Relationship 286 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2698 82.2
    Greece 24 0.7
    Papua New Guinea 130 4.0
    United Kingdom 227 6.9
    Other 65 2.0
    Others 139 4.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 0.9
    Christianity 2294 73.5
    Hinduism 31 1.0
    Other Religious Groups 12 0.4
    No Religion 750 24.0
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 194 14.4
    $400-$599 311 23.1
    $600-$799 188 14.0
    $800-$999 174 12.9
    $1,000-$1,249 101 7.5
    Others 378 28.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1486 55.3
    Employed, worked full-time 552 20.6
    Employed, worked part-time 392 14.6
    Unemployed, looking for work 182 6.8
    Employed, away from work 74 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 167 16.4
    Technicians & trades workers 154 15.1
    Community & personal service workers 163 16.0
    Sales 115 11.3
    Labourers 152 14.9
    Others 266 26.2
    Occupation
    Census Count Percent(%)
    Pre-school 38 6.4
    Infants/Primary 236 39.7
    Secondary 164 27.6
    Technical or Further Educational Institution 54 9.1
    University or other Tertiary Institutions 75 12.6
    Others 28 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2329 71.5
    Flat, unit or apartment 731 22.4
    Semi-detached, row or terrace house, townhouse 146 4.5
    Caravan, cabin, houseboat 48 1.5
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 741 50.5
    Fully owned 489 33.4
    Being purchased 224 15.3
    Other tenure type 12 0.8
    Tenure Type
Census 2011, ABS
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