Suburb Profile Report for Belgian Gardens QLD (4810)

Belgian Gardens House: Median price $391,000, Annual capital growth -2.34%, Number of sales 27, Weekly median advertised rent $480

Belgian Gardens Unit: Median price $217,000, Annual capital growth 4.51%, Number of sales 13, Weekly median advertised rent $350

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

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

  • House Report
  • Unit Report

Investment property in Belgian Gardens 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 -13.11%

The five-year average increase in median property values for Belgian Gardens,4810 has given property investors a potential capital gain of -18.71% across each of those five years.

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 Belgian Gardens, 4810. Typically our figures indicate that -6.95% is being offered, which puts this QLD suburb at 1045th most discounted overall in Australia.

Often selling an investment property can take time, and in Belgian Gardens the average time real estate has been on the market is 54.8333 days.

Advertised rents are around the $480 mark per week – giving a return of 6.38% based on the median price in Suburb

Property investors who have had real estate in Belgian Gardens, 4810 should be 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 31.91%

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

At number 1355 in a list of fastest selling suburbs, Belgian Gardens is in the bottom 10% of suburbs in Australia with an average of days on market 154.727 for properties listed there.

Situated 1113.24km from the CBD, Belgian Gardens is one of Townsville (C) localities in the postcode 4810.

Metrics i HOUSE UNIT
$391,000 $217,000
-6.90% -18.11%
-13.11% 31.91%
-2.34% 4.51%
$480 $350
27 13
6.38% 8.38%
54.8333333333333 154.727272727273

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

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 1935
Median household income ($/weekly) 1325
Median age of persons 38
Median housing loan repayment ($/monthly) 1953
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 250 12.9
    25-34 years 224 11.6
    35-44 years 294 15.2
    45-54 years 309 16.0
    55-64 years 232 12.0
    Others 626 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 610 44.3
    Not Married 572 41.5
    Defacto Relationship 195 14.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1463 81.5
    Indonesia 13 0.7
    Papua New Guinea 52 2.9
    United Kingdom 88 4.9
    Other 55 3.1
    Others 125 7.0
    Country of Birth
    Census Count Percent(%)
    Christianity 1178 67.9
    No Religion 511 29.5
    Buddhism 21 1.2
    Hinduism 18 1.0
    Other Religious Groups 7 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 62 9.2
    $600-$799 65 9.7
    $1,500-$1,999 73 10.9
    $2,000-$2,499 64 9.5
    $2,500-$2,999 69 10.3
    Others 339 50.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 683 47.1
    Not in the labour force 404 27.9
    Employed, worked part-time 273 18.8
    Employed, away from work 55 3.8
    Unemployed, looking for work 35 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 128 12.7
    Professionals 258 25.5
    Technicians & trades workers 152 15.0
    Community & personal service workers 106 10.5
    Clerical & administrative workers 126 12.5
    Others 240 23.8
    Occupation
    Census Count Percent(%)
    Pre-school 23 5.5
    Infants/Primary 174 41.6
    Secondary 109 26.1
    Technical or Further Educational Institution 36 8.6
    University or other Tertiary Institutions 69 16.5
    Others 7 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1302 73.2
    Flat, unit or apartment 323 18.2
    Semi-detached, row or terrace house, townhouse 100 5.6
    Caravan, cabin, houseboat 54 3.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 294 39.4
    Fully owned 244 32.7
    Being purchased 205 27.5
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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