Suburb Profile Report for South Townsville QLD (4810)

South Townsville House: Median price $322,500, Annual capital growth -1.43%, Number of sales 35, Weekly median advertised rent $340

South Townsville Unit: Median price $368,000, Annual capital growth 2.54%, Number of sales 19, Weekly median advertised rent $320

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report
Unit Report

South Townsville is in the bottom 20% in QLD when comparing median price capital growth over the last year. South Townsville gave property investors a dismal capital gain figure when compared to the rest of the state, with -6.52%.

While South Townsville,4810 ranked number 533th in QLD for increase in median house value (annualised) increase, it is ranked 686th over the last 5 years.

Property buyers and investors in South Townsville 4810 should be seeing an average reduction in asking price of around -8.53% . This means that South Townsville is holding prices well when compared to other suburbs in QLD.

Over the last year, property investments in South Townsville, 4810 have given investors a capital gain of 1.66%. This compares favourably with the -0.57% for QLD as a whole.

While South Townsville,4810 ranked number 76th in QLD for increase in median house value (annualised) increase, it is ranked 164th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that South Townsville is offering property investors an average of -6.43. This rate of discount on properties puts Suburb at number 14th in terms of most discounted suburbs in QLD

Metrics	HOUSE	UNIT
Median price	$322,500	$368,000
Quarterly growth	-0.77%	2.22%
12-month growth	-6.52%	1.66%
Average Annual Growth	-1.43%	2.54%
Weekly median advertised rent	$340	$320
Number of sales	35	19
Gross rental yield	5.48%	4.52%
Days on market	79	127.25

Your estimated repayment
$1,247.76/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

DSR Score for property investment : Balanced (H), Below average (U)

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Demographics

Total population	2137
Median household income ($/weekly)	1170
Median age of persons	39
Median housing loan repayment ($/monthly)	2000
Average household size	1.9

Census	Count	Percent(%)
20-24 years	216	10.1
25-34 years	385	18.0
35-44 years	310	14.5
45-54 years	375	17.5
55-64 years	283	13.2
Others	569	26.6

Age Group

Census	Count	Percent(%)
Not Married	837	53.7
Registered Married	469	30.1
Defacto Relationship	253	16.2

Social Marital Status

Census	Count	Percent(%)
Australia	1600	82.8
Greece	11	0.6
Papua New Guinea	84	4.3
United Kingdom	90	4.7
Other	55	2.8
Others	93	4.8

Country of Birth

Census	Count	Percent(%)
Buddhism	31	1.7
Christianity	1247	67.6
Islam	10	0.5
Other Religious Groups	18	1.0
No Religion	524	28.4
Others	16	0.9

Religious Affiliation

Census	Count	Percent(%)
$300-$399	82	9.8
$800-$999	77	9.2
$1,000-$1,249	88	10.5
$1,500-$1,999	100	12.0
$2,000-$2,499	77	9.2
Others	411	49.2

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	868	50.5
Not in the labour force	428	24.9
Employed, worked part-time	269	15.6
Unemployed, looking for work	82	4.8
Employed, away from work	73	4.2

Person Characteristics

Census	Count	Percent(%)
Managers	125	10.3
Professionals	269	22.2
Technicians & trades workers	215	17.8
Community & personal service workers	122	10.1
Clerical & administrative workers	167	13.8
Others	312	25.8

Occupation

Census	Count	Percent(%)
Pre-school	16	4.8
Infants/Primary	88	26.7
Secondary	67	20.3
Technical or Further Educational Institution	47	14.2
University or other Tertiary Institutions	102	30.9
Others	10	3.0

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	1135	61.7
Flat, unit or apartment	534	29.0
Semi-detached, row or terrace house, townhouse	139	7.6
Caravan, cabin, houseboat	30	1.6
House or flat attached to a shop, office	3	0.2
Others	0	0.0