Suburb Profile Report for Urraween QLD (4655)

Urraween House: Median price $361,000, Annual capital growth 0.68%, Number of sales 160, Weekly median advertised rent $390

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Jan 2021 as supplied by CoreLogic. Data is reported to the period ending Oct 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

Urraween is in the bottom 20% in QLD when comparing median price capital growth over the last year. Urraween gave property investors a dismal capital gain figure when compared to the rest of the state, with -2.96%.

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

Urraween4655 is located in QLD which offers an average discount of -5.13% to property investors. Urraween itself is showing figures that indicate -4.60% is the average achievable by property buyers investing in the suburb.

Metrics	HOUSE	UNIT
Median price	$361,000	N/A
Quarterly growth	-2.96%	N/A
12-month growth	-2.96%	N/A
Average Annual Growth	0.68%	N/A
Weekly median advertised rent	$390	N/A
Number of sales	160	N/A
Gross rental yield	5.62%	N/A
Days on market	103.728813559322	N/A

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

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Demographics

Total population	5914
Median household income ($/weekly)	791
Median age of persons	51
Median housing loan repayment ($/monthly)	1684
Average household size	2.3

Census	Count	Percent(%)
5-14 years	701	11.9
45-54 years	615	10.4
55-64 years	766	13.0
65-74 years	1086	18.4
75-84 years	662	11.2
Others	2083	35.2

Age Group

Census	Count	Percent(%)
Registered Married	2608	59.7
Not Married	1405	32.2
Defacto Relationship	356	8.1

Social Marital Status

Census	Count	Percent(%)
Australia	4348	76.9
Greece	69	1.2
Papua New Guinea	198	3.5
United Kingdom	569	10.1
Other	119	2.1
Others	353	6.2

Country of Birth

Census	Count	Percent(%)
Buddhism	57	1.1
Christianity	4274	78.8
Hinduism	34	0.6
Islam	51	0.9
No Religion	991	18.3
Others	18	0.3

Religious Affiliation

Census	Count	Percent(%)
$300-$399	179	8.4
$400-$599	444	20.9
$600-$799	327	15.4
$800-$999	282	13.3
$1,500-$1,999	175	8.2
Others	720	33.9

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	2726	58.7
Employed, worked full-time	1011	21.8
Employed, worked part-time	617	13.3
Unemployed, looking for work	174	3.7
Employed, away from work	116	2.5

Person Characteristics

Census	Count	Percent(%)
Professionals	408	23.3
Technicians & trades workers	244	14.0
Community & personal service workers	208	11.9
Clerical & administrative workers	232	13.3
Sales	195	11.2
Others	461	26.4

Occupation

Census	Count	Percent(%)
Pre-school	70	6.6
Infants/Primary	474	44.9
Secondary	279	26.4
Technical or Further Educational Institution	87	8.2
University or other Tertiary Institutions	116	11.0
Others	30	2.8

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	5178	94.5
Flat, unit or apartment	183	3.3
Semi-detached, row or terrace house, townhouse	120	2.2
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0