Suburb Profile Report for Burrum Heads QLD (4659)

Burrum Heads House: Median price $390,000, Annual capital growth -0.15%, Number of sales 74, Weekly median advertised rent $360

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

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

  • House Report

Property investors who have had real estate in Burrum Heads, 4659 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 -1.83%

Over the longer term, Burrum Heads has seen property prices show investors a 8.33% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Burrum Heads is $390000, with sellers offering an average of -6.71% off the asking price.

At number 3117 in a list of fastest selling suburbs, Burrum Heads is in the bottom 20% of suburbs in Australia with an average of days on market 110.481 for properties listed there.

Metrics i HOUSE UNIT
$390,000 N/A
-2.50% N/A
-1.83% N/A
-0.15% N/A
$360 N/A
74 N/A
4.80% N/A
110.480769230769 N/A

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

DSR Score for property investment : Above average (H), Below average (U)
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Demographics
Total population 1735
Median household income ($/weekly) 665
Median age of persons 59
Median housing loan repayment ($/monthly) 1634
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 143 8.2
    35-44 years 143 8.2
    45-54 years 204 11.7
    55-64 years 458 26.4
    65-74 years 416 23.9
    Others 373 21.5
    Age Group
    Census Count Percent(%)
    Registered Married 901 66.4
    Not Married 326 24.0
    Defacto Relationship 129 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1394 84.0
    Greece 12 0.7
    Papua New Guinea 68 4.1
    United Kingdom 124 7.5
    Other 21 1.3
    Others 41 2.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1240 77.8
    No Religion 335 21.0
    Other Religious Groups 9 0.6
    Buddhism 6 0.4
    Judaism 4 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 75 11.3
    $400-$599 170 25.7
    $600-$799 117 17.7
    $800-$999 88 13.3
    $1,000-$1,249 52 7.9
    Others 159 24.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 991 67.3
    Employed, worked full-time 217 14.7
    Employed, worked part-time 172 11.7
    Employed, away from work 49 3.3
    Unemployed, looking for work 43 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 54 12.5
    Technicians & trades workers 73 16.9
    Community & personal service workers 47 10.9
    Clerical & administrative workers 68 15.7
    Labourers 57 13.2
    Others 134 30.9
    Occupation
    Census Count Percent(%)
    Infants/Primary 98 47.1
    Secondary 65 31.3
    Technical or Further Educational Institution 20 9.6
    University or other Tertiary Institutions 16 7.7
    Other type of educational institution 6 2.9
    Others 3 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1438 90.3
    Caravan, cabin, houseboat 86 5.4
    Flat, unit or apartment 52 3.3
    Semi-detached, row or terrace house, townhouse 16 1.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 437 59.9
    Being purchased 148 20.3
    Rented 145 19.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table