Suburb Profile Report for Taranganba QLD (4703)

Taranganba House: Median price $435,000, Annual capital growth 1.91%, Number of sales 90, Weekly median advertised rent $450

Taranganba Unit: Median price $247,250, Annual capital growth N/A, Number of sales 10, 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

Property investors who have had real estate in Taranganba, 4703 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 16.31%

If we look at median property appreciation over just the last three months, Taranganba has given property investors a paper return of 1.64%. This puts Suburb as 703 on a list of fastest fasting appreciating suburbs in QLD

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Taranganba, 4703. Typically our figures indicate that -4.09% is being offered, which puts this QLD suburb at 1419th most discounted overall in Australia.

Metrics i HOUSE UNIT
$435,000 $247,250
1.64% N/A
16.31% N/A
1.91% N/A
$450 N/A
90 10
5.38% N/A
51.2333333333333 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 (U), Above average (H)
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Demographics
Total population 2429
Median household income ($/weekly) 1329
Median age of persons 36
Median housing loan repayment ($/monthly) 1950
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 394 16.2
    25-34 years 279 11.5
    35-44 years 345 14.2
    45-54 years 352 14.5
    55-64 years 292 12.0
    Others 768 31.6
    Age Group
    Census Count Percent(%)
    Registered Married 865 53.0
    Not Married 572 35.1
    Defacto Relationship 194 11.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2037 88.3
    Papua New Guinea 64 2.8
    South Africa 18 0.8
    United Kingdom 102 4.4
    Other 27 1.2
    Others 59 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 21 0.9
    Christianity 1663 74.6
    Hinduism 6 0.3
    Islam 6 0.3
    No Religion 526 23.6
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 78 11.0
    $600-$799 71 10.0
    $1,000-$1,249 65 9.1
    $1,500-$1,999 94 13.2
    $2,500-$2,999 85 11.9
    Others 319 44.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 708 40.2
    Not in the labour force 564 32.0
    Employed, worked part-time 356 20.2
    Employed, away from work 70 4.0
    Unemployed, looking for work 63 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 175 15.5
    Technicians & trades workers 183 16.2
    Clerical & administrative workers 154 13.6
    Sales 117 10.3
    Machinery operators & drivers 148 13.1
    Others 355 31.4
    Occupation
    Census Count Percent(%)
    Pre-school 19 3.5
    Infants/Primary 255 47.1
    Secondary 181 33.5
    Technical or Further Educational Institution 30 5.5
    University or other Tertiary Institutions 44 8.1
    Others 12 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2096 93.9
    Semi-detached, row or terrace house, townhouse 101 4.5
    Flat, unit or apartment 31 1.4
    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(%)
    Being purchased 324 39.4
    Rented 263 32.0
    Fully owned 235 28.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table