Suburb Profile Report for Andergrove QLD (4740)

Andergrove House: Median price $317,500, Annual capital growth -1.25%, Number of sales 89, Weekly median advertised rent $320

Andergrove Unit: Median price $246,250, Annual capital growth N/A, Number of sales 18, Weekly median advertised rent $265

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

Source: CoreLogic

  • House Report
  • Unit Report

Andergrove is an average performer in QLD when comparing median price capital growth over the last year. Andergrove gave property investors a good capital gain figure when compared to the rest of the state, with 5.83%.

When looking at the potential capital gains offered to property investors over the last 3 years, Andergrove comes in at number 781th in QLD.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.78% offered to property buyers. Sellers in Andergrove itself are offering an average vendor discount of -9.78% to real estate investors.

At number 2405 in a list of fastest selling suburbs, Andergrove is in the bottom 40% of suburbs in Australia with an average of days on market 85.92 for properties listed there.

Across a shorter period, Andergrove, 4740 has seen a median price increase of 13.48% over the last quarter.

On average over the past year, suburb has had 1.50 sales per month, which equates to 18 per year.

Situated 761.68km from the CBD, Andergrove is one of Mackay localities in the postcode 4740.

Metrics i HOUSE UNIT
$317,500 $246,250
0.00% 13.48%
5.83% N/A
-1.25% N/A
$320 $265
89 18
5.24% 5.60%
85.92 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 9372
Median household income ($/weekly) 1627
Median age of persons 32
Median housing loan repayment ($/monthly) 2011
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1427 15.2
    25-34 years 1436 15.3
    35-44 years 1375 14.7
    45-54 years 1359 14.5
    55-64 years 913 9.7
    Others 2863 30.5
    Age Group
    Census Count Percent(%)
    Registered Married 3058 48.2
    Not Married 2445 38.6
    Defacto Relationship 839 13.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 7793 88.6
    Papua New Guinea 260 3.0
    South Africa 115 1.3
    United Kingdom 243 2.8
    Other 152 1.7
    Others 229 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 67 0.8
    Christianity 6345 74.7
    Islam 25 0.3
    Other Religious Groups 35 0.4
    No Religion 2008 23.6
    Others 18 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 229 8.7
    $1,250-$1,499 231 8.7
    $1,500-$1,999 378 14.3
    $2,000-$2,499 339 12.8
    $2,500-$2,999 306 11.6
    Others 1164 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3356 49.7
    Not in the labour force 1692 25.1
    Employed, worked part-time 1163 17.2
    Employed, away from work 333 4.9
    Unemployed, looking for work 207 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 593 12.2
    Technicians & trades workers 1098 22.6
    Clerical & administrative workers 697 14.4
    Machinery operators & drivers 636 13.1
    Labourers 530 10.9
    Others 1300 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 67 3.3
    Infants/Primary 919 45.2
    Secondary 683 33.6
    Technical or Further Educational Institution 173 8.5
    University or other Tertiary Institutions 150 7.4
    Others 42 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7702 90.2
    Flat, unit or apartment 494 5.8
    Semi-detached, row or terrace house, townhouse 182 2.1
    Caravan, cabin, houseboat 155 1.8
    House or flat attached to a shop, office 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1291 42.3
    Rented 1006 33.0
    Fully owned 740 24.3
    Other tenure type 13 0.4
    Tenure Type
Census 2011, ABS
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