Suburb Profile Report for Koongal QLD (4701)

Koongal House: Median price $245,000, Annual capital growth -0.89%, Number of sales 79, Weekly median advertised rent $293

Koongal Unit: Median price $90,000, Annual capital growth N/A, Number of sales 12, Weekly median advertised rent $240

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

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

  • House Report

Koongal, 4701 ranked 90th in QLD when comparing growth in median property values or capital gain over the last 12 months. Koongal is one of 2415 in our list for QLD

The five-year average increase in median property values for Koongal,4701 has given property investors a potential capital gain of 0.00% across each of those five years.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.08% offered to property buyers. Sellers in Koongal itself are offering an average vendor discount of -7.21% to real estate investors.

At number 2855 in a list of fastest selling suburbs, Koongal is in the bottom 30% of suburbs in Australia with an average of days on market 93.1071 for properties listed there.

With the median price for a house in Koongal being $245000 and the advertised rent reaching $292.5 the gross rental yield for property investors calculates out to be 6.21%

Metrics i HOUSE UNIT
$245,000 $90,000
3.38% N/A
17.37% N/A
-0.89% N/A
$293 $240
79 12
6.21% 13.87%
93.1071428571429 N/A

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

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Koongal QLD
Demographics
Total population 4727
Median household income ($/weekly) 1136
Median age of persons 31
Median housing loan repayment ($/monthly) 1517
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 722 15.3
    25-34 years 751 15.9
    35-44 years 625 13.2
    45-54 years 569 12.0
    55-64 years 479 10.1
    Others 1581 33.4
    Age Group
    Census Count Percent(%)
    Not Married 1406 43.8
    Registered Married 1393 43.4
    Defacto Relationship 409 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 3880 87.5
    Papua New Guinea 60 1.4
    United Kingdom 62 1.4
    Viet Nam 185 4.2
    Other 110 2.5
    Others 135 3.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 120 2.8
    Christianity 3054 72.4
    Islam 28 0.7
    Other Religious Groups 19 0.5
    No Religion 985 23.3
    Others 14 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 178 12.6
    $800-$999 135 9.5
    $1,000-$1,249 148 10.4
    $1,500-$1,999 211 14.9
    $2,000-$2,499 148 10.4
    Others 597 42.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1482 43.7
    Not in the labour force 1062 31.3
    Employed, worked part-time 579 17.1
    Employed, away from work 147 4.3
    Unemployed, looking for work 122 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 248 11.2
    Technicians & trades workers 349 15.8
    Community & personal service workers 238 10.8
    Clerical & administrative workers 295 13.4
    Labourers 514 23.3
    Others 561 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 55 5.4
    Infants/Primary 452 44.1
    Secondary 274 26.7
    Technical or Further Educational Institution 108 10.5
    University or other Tertiary Institutions 108 10.5
    Others 28 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4033 92.4
    Flat, unit or apartment 325 7.4
    Semi-detached, row or terrace house, townhouse 7 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 593 37.7
    Being purchased 540 34.4
    Fully owned 431 27.4
    Other tenure type 8 0.5
    Tenure Type
Census 2011, ABS
Chart Table