Suburb Profile Report for Torbanlea QLD (4662)

Torbanlea House: Median price $300,000, Annual capital growth 6.00%, Number of sales 31, Weekly median advertised rent N/A

  • 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.

  • House Report

Giving property investors a a poor capital gain of -3.23% for the last year, Torbanlea, 4662 is the 4012th highest performer in Australia in this respect.

Over the longer term, Torbanlea has seen property prices show investors a 63.93% return over the last 3 years. This is worse than over the last 12 months

Our latest figures would indicate that property sellers in Torbanlea are currently offering property investors an average price cut of -6.10% below the asking price at the moment.

At number 2440 in a list of fastest selling suburbs, Torbanlea is in the bottom 40% of suburbs in Australia with an average of days on market 64.35 for properties listed there.

Metrics i HOUSE UNIT
$300,000 N/A
-2.60% N/A
-3.23% N/A
6.00% N/A
N/A N/A
31 N/A
N/A N/A
64.35 N/A

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 : Above average (H), Good (U)
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Demographics
Total population 871
Median household income ($/weekly) 653
Median age of persons 46
Median housing loan repayment ($/monthly) 1140
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 131 15.1
    35-44 years 102 11.7
    45-54 years 122 14.0
    55-64 years 147 16.9
    65-74 years 129 14.8
    Others 238 27.4
    Age Group
    Census Count Percent(%)
    Registered Married 288 47.1
    Not Married 255 41.7
    Defacto Relationship 68 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 708 86.4
    Papua New Guinea 28 3.4
    Philippines 11 1.3
    United Kingdom 40 4.9
    Other 18 2.2
    Others 14 1.7
    Country of Birth
    Census Count Percent(%)
    Christianity 530 69.6
    No Religion 215 28.3
    Other Religious Groups 12 1.6
    Buddhism 4 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 38 12.8
    $400-$599 77 25.9
    $600-$799 51 17.2
    $800-$999 25 8.4
    $1,000-$1,249 29 9.8
    Others 77 25.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 362 56.8
    Employed, worked full-time 141 22.1
    Employed, worked part-time 78 12.2
    Unemployed, looking for work 38 6.0
    Employed, away from work 18 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 23 9.7
    Technicians & trades workers 44 18.5
    Community & personal service workers 39 16.4
    Machinery operators & drivers 29 12.2
    Labourers 43 18.1
    Others 60 25.2
    Occupation
    Census Count Percent(%)
    Pre-school 9 5.6
    Infants/Primary 81 50.3
    Secondary 46 28.6
    Technical or Further Educational Institution 14 8.7
    University or other Tertiary Institutions 8 5.0
    Others 3 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 759 94.3
    Caravan, cabin, houseboat 33 4.1
    House or flat attached to a shop, office 8 1.0
    Flat, unit or apartment 5 0.6
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 154 48.3
    Being purchased 103 32.3
    Rented 62 19.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table