Suburb Profile Report for Taroomball QLD (4703)

Taroomball House: Median price $477,500, Annual capital growth 0.74%, Number of sales 44, Weekly median advertised rent $495

  • 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

Taroomball has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of 6.11% to date .

Across a shorter period, Taroomball, 4703 has seen a median price increase of 3.24% over the last quarter.

Taroomball4703 is located in QLD which offers an average discount of -4.90% to property investors. Taroomball itself is showing figures that indicate -4.39% is the average achievable by property buyers investing in the suburb.

At number 2471 in a list of fastest selling suburbs, Taroomball is in the bottom 40% of suburbs in Australia with an average of days on market 65.1351 for properties listed there.

With the median price for a house in Taroomball being $477500 and the advertised rent reaching $495 the gross rental yield for property investors calculates out to be 5.39%

Metrics i HOUSE UNIT
$477,500 N/A
3.24% N/A
6.11% N/A
0.74% N/A
$495 N/A
44 N/A
5.39% N/A
65.1351351351351 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 : Good (U), Good (H)
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Demographics
Total population 345
Median household income ($/weekly) 1843
Median age of persons 35
Median housing loan repayment ($/monthly) 2427
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 50 14.5
    25-34 years 49 14.2
    35-44 years 64 18.6
    45-54 years 48 13.9
    55-64 years 35 10.1
    Others 99 28.7
    Age Group
    Census Count Percent(%)
    Registered Married 122 56.0
    Not Married 65 29.8
    Defacto Relationship 31 14.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 279 85.6
    United Kingdom 20 6.1
    Papua New Guinea 18 5.5
    South Africa 6 1.8
    Germany 3 0.9
    Others 0 0.0
    Country of Birth
    Census Count Percent(%)
    Christianity 235 75.6
    No Religion 73 23.5
    Buddhism 3 1.0
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 9 9.5
    $1,250-$1,499 10 10.5
    $2,000-$2,499 17 17.9
    $2,500-$2,999 12 12.6
    $3,000-$3,499 11 11.6
    Others 36 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 117 47.0
    Employed, worked part-time 59 23.7
    Not in the labour force 53 21.3
    Employed, away from work 13 5.2
    Unemployed, looking for work 7 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 24 12.6
    Professionals 23 12.1
    Technicians & trades workers 28 14.7
    Community & personal service workers 29 15.3
    Labourers 24 12.6
    Others 62 32.6
    Occupation
    Census Count Percent(%)
    Pre-school 8 9.0
    Infants/Primary 33 37.1
    Secondary 29 32.6
    Technical or Further Educational Institution 11 12.4
    University or other Tertiary Institutions 5 5.6
    Others 3 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 305 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 59 52.2
    Rented 29 25.7
    Fully owned 25 22.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table