Suburb Profile Report for Urangan QLD (4655)

Urangan House: Median price $349,000, Annual capital growth 1.10%, Number of sales 231, Weekly median advertised rent $350

Urangan Unit: Median price $250,000, Annual capital growth -2.31%, Number of sales 99, Weekly median advertised rent $320

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

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

  • House Report
  • Unit Report

Property value increases in Urangan have tracked just higher than the QLD average of 0.78% over the last 12 months.

The five-year average increase in median property values for Urangan,4655 has given property investors a potential capital gain of 10.79% across each of those five years.

Our latest figures would indicate that property sellers in Urangan are currently offering property investors an average price cut of -5.31% below the asking price at the moment.

In the last year 231 properties changed hands in Urangan, which puts it as the 26th most active market in QLD when comparing the number of sales per suburb.

Property investors who have had real estate in Urangan, 4655 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.41%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Urangan has fallen somewhat when compared to the 5 year average annual rate.

Property investors looking for a bargain in Urangan should be aiming for at least -4.33% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Urangan have been waiting around 95.1875 days to sell a property.

Urangan, 4655’s gross rental yield is 6.66%

Metrics i HOUSE UNIT
$349,000 $250,000
2.65% -6.54%
5.76% -7.41%
1.10% -2.31%
$350 $320
231 99
5.21% 6.66%
71.859756097561 95.1875

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. 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 9168
Median household income ($/weekly) 713
Median age of persons 46
Median housing loan repayment ($/monthly) 1517
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1077 11.7
    35-44 years 1059 11.6
    45-54 years 1242 13.5
    55-64 years 1398 15.2
    65-74 years 1321 14.4
    Others 3071 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 3280 48.3
    Not Married 2813 41.4
    Defacto Relationship 702 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 7140 81.7
    Greece 80 0.9
    Papua New Guinea 362 4.1
    United Kingdom 630 7.2
    Other 175 2.0
    Others 352 4.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 97 1.2
    Christianity 6035 72.6
    Islam 9 0.1
    Other Religious Groups 41 0.5
    No Religion 2128 25.6
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 406 12.2
    $400-$599 725 21.7
    $600-$799 506 15.2
    $800-$999 373 11.2
    $1,000-$1,249 275 8.2
    Others 1053 31.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3825 53.0
    Employed, worked full-time 1609 22.3
    Employed, worked part-time 1122 15.5
    Unemployed, looking for work 426 5.9
    Employed, away from work 240 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 444 14.9
    Technicians & trades workers 445 15.0
    Community & personal service workers 432 14.5
    Clerical & administrative workers 338 11.4
    Labourers 436 14.7
    Others 876 29.5
    Occupation
    Census Count Percent(%)
    Pre-school 93 5.6
    Infants/Primary 650 39.3
    Secondary 545 32.9
    Technical or Further Educational Institution 164 9.9
    University or other Tertiary Institutions 153 9.2
    Others 50 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7151 83.4
    Semi-detached, row or terrace house, townhouse 537 6.3
    Flat, unit or apartment 728 8.5
    Caravan, cabin, houseboat 150 1.7
    House or flat attached to a shop, office 7 0.1
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1458 39.9
    Fully owned 1403 38.4
    Being purchased 766 21.0
    Other tenure type 25 0.7
    Tenure Type
Census 2011, ABS
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