Suburb Profile Report for Bundaberg South QLD (4670)

Bundaberg South House: Median price $233,000, Annual capital growth -0.73%, Number of sales 75, Weekly median advertised rent $315

Bundaberg South Unit: Median price $237,500, Annual capital growth -7.83%, Number of sales 34, Weekly median advertised rent $265

  • 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
  • Unit Report

Investment property in Bundaberg South has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.56%

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

Bundaberg South4670 is located in QLD which offers an average discount of -4.90% to property investors. Bundaberg South itself is showing figures that indicate -4.97% is the average achievable by property buyers investing in the suburb.

If you compare the increase in value of investment property in Bundaberg South, 4670 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 3.26%.

Comparing Bundaberg South,4670 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.64% offered to property buyers. Sellers in Bundaberg South itself are offering an average vendor discount of -4.92% to real estate investors.

In the last year 34 properties changed hands in Bundaberg South, which puts it as the 244th most active market in QLD when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$233,000 $237,500
0.43% 1.06%
3.56% 3.26%
-0.73% -7.83%
$315 $265
75 34
7.03% 5.80%
59.8076923076923 96.9285714285714

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), Good (U)
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Demographics
Total population 3424
Median household income ($/weekly) 695
Median age of persons 36
Median housing loan repayment ($/monthly) 1300
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 420 12.3
    25-34 years 442 12.9
    35-44 years 421 12.3
    45-54 years 451 13.2
    55-64 years 346 10.1
    Others 1345 39.3
    Age Group
    Census Count Percent(%)
    Not Married 1404 56.0
    Registered Married 843 33.6
    Defacto Relationship 261 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2712 86.0
    Papua New Guinea 65 2.1
    Philippines 28 0.9
    United Kingdom 127 4.0
    Other 69 2.2
    Others 153 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 34 1.1
    Christianity 2043 68.4
    Hinduism 31 1.0
    Islam 33 1.1
    No Religion 816 27.3
    Others 29 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 174 14.1
    $400-$599 222 18.0
    $600-$799 163 13.2
    $800-$999 110 8.9
    $1,000-$1,249 109 8.8
    Others 456 37.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1134 44.4
    Employed, worked full-time 712 27.9
    Employed, worked part-time 416 16.3
    Unemployed, looking for work 210 8.2
    Employed, away from work 82 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 165 13.6
    Technicians & trades workers 161 13.3
    Community & personal service workers 145 11.9
    Clerical & administrative workers 136 11.2
    Labourers 258 21.2
    Others 350 28.8
    Occupation
    Census Count Percent(%)
    Pre-school 43 6.4
    Infants/Primary 258 38.3
    Secondary 192 28.5
    Technical or Further Educational Institution 75 11.1
    University or other Tertiary Institutions 77 11.4
    Others 28 4.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2403 74.7
    Flat, unit or apartment 766 23.8
    Semi-detached, row or terrace house, townhouse 47 1.5
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 751 55.7
    Fully owned 318 23.6
    Being purchased 269 20.0
    Other tenure type 10 0.7
    Tenure Type
Census 2011, ABS
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